NIXON 177
NIXON 177 is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Highmount Expl & Prod Texas LLC. It has 3 wellbores on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 8,521 barrels. The lease is intermittent. 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 $207K, 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 27 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was September 2018, at 290 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 NIXON 177
- Who operates NIXON 177?
- NIXON 177 is operated by Highmount Expl & Prod Texas LLC, Railroad Commission of Texas operator number 385842.
- Where is NIXON 177?
- NIXON 177 is a Texas oil lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18032.
- Is NIXON 177 still producing?
- NIXON 177 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NIXON 177 is August 2026.
- How much has NIXON 177 produced?
- NIXON 177 has reported 8,521 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 3 wellbores.
- How much is NIXON 177 worth?
- The remaining production from NIXON 177 is estimated to be worth about $207K in total as of 27 August 2026, within a range of $114K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIXON 177 is a fraction of it. The estimate fits an Arps decline curve to the production NIXON 177 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIXON 177 is an estimate of value, not an offer and not an appraisal.
- How much income does NIXON 177 generate in a year?
- NIXON 177 is forecast to net about $37K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NIXON 177 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highmount Expl & Prod Texas LLC |
|---|---|
| Field | Sawyer (Leonard) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 18032 |
| Wellbores | 3 |
| Reported production | 8,521 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $207K |
Where NIXON 177 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.