NICOLE E
NICOLE E is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Hibernia Resources IV, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2025 to August 2026, totalling 240,171 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $104.3M, with roughly $23.4M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 35,324 barrels a month. Its strongest month on the record we hold was April 2026, at 46,623 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about NICOLE E
- Who operates NICOLE E?
- NICOLE E is operated by Hibernia Resources IV, LLC, Railroad Commission of Texas operator number 101969.
- Where is NICOLE E?
- NICOLE E is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64428.
- Is NICOLE E still producing?
- NICOLE E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NICOLE E is August 2026.
- How much has NICOLE E produced?
- NICOLE E has reported 240,171 barrels of oil (bbl) to the Railroad Commission of Texas between November 2025 and August 2026, from 1 wellbore.
- How much is NICOLE E worth?
- The remaining production from NICOLE E is estimated to be worth about $104.3M in total as of 27 August 2026, within a range of $85.5M to $123.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NICOLE E is a fraction of it. The estimate fits an Arps decline curve to the production NICOLE E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NICOLE E is an estimate of value, not an offer and not an appraisal.
- How much income does NICOLE E generate in a year?
- NICOLE E is forecast to net about $23.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NICOLE E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hibernia Resources IV, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 64428 |
| Wellbores | 1 |
| Reported production | 240,171 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $104.3M |
Where NICOLE E sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.