NICKEL
NICKEL is a Texas oil lease in Midland County, Railroad Commission district 08, operated by High Sky Partners LLC. It has 2 wellbores on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 102,729 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 $1.2M, with roughly $248K 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 284 barrels a month, about 142 per wellbore. Its strongest month on the record we hold was August 2016, at 2,155 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 NICKEL
- Who operates NICKEL?
- NICKEL is operated by High Sky Partners LLC, Railroad Commission of Texas operator number 385767.
- Where is NICKEL?
- NICKEL is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46740.
- Is NICKEL still producing?
- NICKEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NICKEL is August 2026.
- How much has NICKEL produced?
- NICKEL has reported 102,729 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 2 wellbores.
- How much is NICKEL worth?
- The remaining production from NICKEL is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $966K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NICKEL is a fraction of it. The estimate fits an Arps decline curve to the production NICKEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NICKEL is an estimate of value, not an offer and not an appraisal.
- How much income does NICKEL generate in a year?
- NICKEL is forecast to net about $248K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NICKEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | High Sky Partners LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 46740 |
| Wellbores | 2 |
| Reported production | 102,729 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where NICKEL 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.