NICHOLS, J.
NICHOLS, J. is a Texas oil lease in Menard County, Railroad Commission district 7C, operated by Daniel Explorations Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 1997 to August 2026, totalling 27,966 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 $449K, with roughly $86K 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 102 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was April 2026, at 238 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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, J.
- Who operates NICHOLS, J.?
- NICHOLS, J. is operated by Daniel Explorations Inc, Railroad Commission of Texas operator number 198565.
- Where is NICHOLS, J.?
- NICHOLS, J. is a Texas oil lease in Menard County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14548.
- Is NICHOLS, J. still producing?
- NICHOLS, J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NICHOLS, J. is August 2026.
- How much has NICHOLS, J. produced?
- NICHOLS, J. has reported 27,966 barrels of oil (bbl) to the Railroad Commission of Texas between February 1997 and August 2026, from 2 wellbores.
- How much is NICHOLS, J. worth?
- The remaining production from NICHOLS, J. is estimated to be worth about $449K in total as of 27 August 2026, within a range of $351K to $548K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NICHOLS, J. is a fraction of it. The estimate fits an Arps decline curve to the production NICHOLS, J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NICHOLS, J. is an estimate of value, not an offer and not an appraisal.
- How much income does NICHOLS, J. generate in a year?
- NICHOLS, J. is forecast to net about $86K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NICHOLS, J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Daniel Explorations Inc |
|---|---|
| Field | J. Nichols (King Sand) |
| County | Menard County, Texas |
| RRC district | 7C |
| Lease number | 14548 |
| Wellbores | 2 |
| Reported production | 27,966 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $449K |
Where NICHOLS, J. 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.