Oil & Gas Property in Mountrail County, ND
Key data points for Nichols
| County | Mountrail County, ND |
|---|---|
| Operator | HUNT OIL COMPANY |
| Production Dates | Nov 2011 - Aug 2025 |
| Total Oil Production | 809,279 BBLs |
| Total Gas Production | 681,524 MCF |
| Recent Oil Production | 1,084 BBLs in Aug 2025 |
| Recent Gas Production | 1,215 MCF in Aug 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Nichols
ShaleAssessment™
$21,059 *
MarketMultiple™
$267,425 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Nichols property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Clearwater 1 | Mountrail County, ND | 65,263 BBLs | 46,583 MCF | Aug 2025 |
| Clearwater 1 | Mountrail County, ND | 6,591 BBLs | 4,505 MCF | Aug 2025 |
| Gernand 1 | Mountrail County, ND | 6,729 BBLs | 4,399 MCF | Aug 2025 |
| Idaho 1-0132H | Mountrail County, ND | 442 BBLs | 945 MCF | Aug 2025 |
| Jackal | Mountrail County, ND | 746 BBLs | 357 MCF | Aug 2025 |
| King | Mountrail County, ND | 1,147 BBLs | 801 MCF | Aug 2025 |
| King 156-90 | Mountrail County, ND | 2,845 BBLs | 7,400 MCF | Aug 2025 |
| McGahan 1-18-7H 1 | Mountrail County, ND | 421 BBLs | 314 MCF | Aug 2025 |
| Nielsen | Mountrail County, ND | 1,169 BBLs | 2,258 MCF | Aug 2025 |
| Palermo | Mountrail County, ND | 52,814 BBLs | 42,850 MCF | Aug 2025 |
| Palermo 2-18H | Mountrail County, ND | 324 BBLs | 284 MCF | Aug 2025 |
| Redmond | Mountrail County, ND | 35,110 BBLs | 18,781 MCF | Aug 2025 |
| RS-Ball-157-90- 2227H | Mountrail County, ND | 1,060 BBLs | 1,061 MCF | Aug 2025 |
| RS-F Nelson-156-91- 2413H | Mountrail County, ND | 23,916 BBLs | 34,675 MCF | Aug 2025 |
| RS-Johnson | Mountrail County, ND | 1,379 BBLs | 677 MCF | Aug 2025 |
| RS-Nelson | Mountrail County, ND | 2,038 BBLs | 1,245 MCF | Aug 2025 |
| RS-Red Crown- 156-91-2536H | Mountrail County, ND | 1,102 BBLs | 967 MCF | Aug 2025 |
| RS-Shuhart-156-90- 2726H | Mountrail County, ND | 3,953 BBLs | 1,862 MCF | Aug 2025 |
| RS-State H-157-90- 1609H-1 | Mountrail County, ND | 396 BBLs | 663 MCF | Aug 2025 |
| Trulson 1 | Mountrail County, ND | 14,936 BBLs | 8,620 MCF | Aug 2025 |
These are the closest 7 companies operating near the Nichols property.