NICHOLS
NICHOLS is a Texas gas lease in Mcmullen County, Railroad Commission district 01, operated by Petrohawk Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2010 to August 2026, totalling 3,060,909 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 $762K, with roughly $117K 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 4,772 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 12,398 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 NICHOLS
- Who operates NICHOLS?
- NICHOLS is operated by Petrohawk Operating Company, Railroad Commission of Texas operator number 660146.
- Where is NICHOLS?
- NICHOLS is a Texas gas lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 260184.
- Is NICHOLS still producing?
- NICHOLS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NICHOLS is August 2026.
- How much has NICHOLS produced?
- NICHOLS has reported 3,060,909 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2010 and August 2026, from 1 wellbore.
- How much is NICHOLS worth?
- The remaining production from NICHOLS is estimated to be worth about $762K in total as of 27 August 2026, within a range of $632K to $891K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NICHOLS is a fraction of it. The estimate fits an Arps decline curve to the production NICHOLS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NICHOLS is an estimate of value, not an offer and not an appraisal.
- How much income does NICHOLS generate in a year?
- NICHOLS is forecast to net about $117K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NICHOLS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petrohawk Operating Company |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 260184 |
| Wellbores | 1 |
| Reported production | 3,060,909 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $762K |
Where NICHOLS 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.