NICHOLSON 16 (AW)
NICHOLSON 16 (AW) is a Texas gas lease in Denton County, Railroad Commission district 09, operated by BKV Barnett, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 1,282,752 thousand cubic feet. 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 $16.7M, with roughly $2.5M 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 128,275 thousand cubic feet a month. Its strongest month on the record we hold was September 2025, at 238,658 thousand cubic feet. 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 NICHOLSON 16 (AW)
- Who operates NICHOLSON 16 (AW)?
- NICHOLSON 16 (AW) is operated by BKV Barnett, LLC, Railroad Commission of Texas operator number 072504.
- Where is NICHOLSON 16 (AW)?
- NICHOLSON 16 (AW) is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 301034.
- Is NICHOLSON 16 (AW) still producing?
- NICHOLSON 16 (AW) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NICHOLSON 16 (AW) is August 2026.
- How much has NICHOLSON 16 (AW) produced?
- NICHOLSON 16 (AW) has reported 1,282,752 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is NICHOLSON 16 (AW) worth?
- The remaining production from NICHOLSON 16 (AW) is estimated to be worth about $16.7M in total as of 26 August 2026, within a range of $13.7M to $19.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NICHOLSON 16 (AW) is a fraction of it. The estimate fits an Arps decline curve to the production NICHOLSON 16 (AW) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NICHOLSON 16 (AW) is an estimate of value, not an offer and not an appraisal.
- How much income does NICHOLSON 16 (AW) generate in a year?
- NICHOLSON 16 (AW) is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NICHOLSON 16 (AW) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BKV Barnett, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 301034 |
| Wellbores | 1 |
| Reported production | 1,282,752 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.7M |
Where NICHOLSON 16 (AW) 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.