NICHOLSON, JEROME
NICHOLSON, JEROME is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 588,050 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 $234K, with roughly $37K 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 1,504 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,672 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 NICHOLSON, JEROME
- Who operates NICHOLSON, JEROME?
- NICHOLSON, JEROME is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is NICHOLSON, JEROME?
- NICHOLSON, JEROME is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 240987.
- Is NICHOLSON, JEROME still producing?
- NICHOLSON, JEROME is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NICHOLSON, JEROME is August 2026.
- How much has NICHOLSON, JEROME produced?
- NICHOLSON, JEROME has reported 588,050 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is NICHOLSON, JEROME worth?
- The remaining production from NICHOLSON, JEROME is estimated to be worth about $234K in total as of 26 August 2026, within a range of $194K to $274K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NICHOLSON, JEROME is a fraction of it. The estimate fits an Arps decline curve to the production NICHOLSON, JEROME has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NICHOLSON, JEROME is an estimate of value, not an offer and not an appraisal.
- How much income does NICHOLSON, JEROME generate in a year?
- NICHOLSON, JEROME is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NICHOLSON, JEROME receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 240987 |
| Wellbores | 1 |
| Reported production | 588,050 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $234K |
Where NICHOLSON, JEROME 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.