Nichols

Gas Property in Fallon County, MT

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Key data points for Nichols

County	Fallon County, MT
Operator	REMUDA ENERGY DEVELOPMENT LLC
Production Dates	May 1998 - May 2025
Total Oil Production	0 BBLs
Total Gas Production	377,009 MCF
Recent Oil Production	No Recent Prod.
Recent Gas Production	No Recent Prod.
Wells on Property	3

Our Valuation Estimates for Nichols

ShaleAssessment™

$315 *

MarketMultiple™

$161 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Aggregated production of all wells and leases associated with this property

API #	Well Name	Operator	Status	County	Latitude	Longitude
25-025-21142	NICHOLS 23-1	Woods Petroleum Corporation	P&A - Approved	Fallon County, MT	46.006810	-104.111530
25-025-21208	Nichols 15-1	Remuda Energy Development, LLC	Shut In	Fallon County, MT	46.015870	-104.119710
25-025-22954	Nichols 5-23	Remuda Energy Development, LLC	Shut In	Fallon County, MT	46.010220	-104.106300

Lease #	Lease Name	Operator	County
5610	NICHOLS 15-1	Remuda Energy Development, LLC	Fallon County, MT

These are the closest 10 properties to the Nichols property.

Property Name	Location	Gas Prod.	Prod. Period
BR 21	Fallon County, MT	1,344 MCF	Jan 2026
BR 23	Fallon County, MT	4,646 MCF	Jan 2026
Cox 2	Fallon County, MT	0 MCF	May 2025
Fee 1	Fallon County, MT	0 MCF	Aug 2005
Ndbis022408b 2	Bowman County, ND	4,002 MCF	Jan 2026
Ndbis022410 2	Bowman County, ND	3,125 MCF	Jan 2026
Ndbis022419 2	Bowman County, ND	7,271 MCF	Jan 2026
Ndbis023348a 2	Bowman County, ND	426 MCF	Jan 2026
NPRR	Fallon County, MT	0 MCF	Dec 2025
Tronstad	Fallon County, MT	0 MCF	May 2025

These are the closest 5 companies operating near the Nichols property.

Company Name
Fidelity Exploration & Production Company
Remuda Energy Development LLC
Ridge Oil & Gas, LLC
Ridge Oil & Gas, LLC Dba Ridge Energy
Shell Western E&P Inc.