Chesser 12

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Chesser 12 Oil & Gas Property

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Property Summary

Key data points for Chesser 12

CountyMartin County, TX
OperatorPETROPLEX ENERGY INC.
Production DatesMar 2009 - Dec 2025
Total Oil Production162,565 BBLs
Total Gas Production331,436 MCF
Recent Oil Production473 BBLs in Nov 2025
Recent Gas Production0 MCF in Nov 2025
Wells on Property2

Our Valuation Estimates for Chesser 12

ShaleAssessment™

$22,711 *

MarketMultiple™

$56,621 **

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

Based on a decimal interest

Chesser 12 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Chesser 12
from Mar 2009 to Dec 2025

Wells on Chesser 12

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-35534CHESSER 12 1PETROPLEX ENERGY INC.ProducingMartin County, TX32.149293-101.790036
42-317-38692CHESSER 12 2PETROPLEX ENERGY INC.ProducingMartin County, TX32.147305-101.784100

Leases included in Chesser 12

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-39552CHESSER "12"PETROPLEX ENERGY INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Chesser 12 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong 12Martin County, TX476 BBLs0 MCFDec 2025
ClementsMartin County, TX96 BBLs0 MCFDec 2025
FlanaganMartin County, TX496 BBLs582 MCFDec 2025
Flanagan Annie Oil ManagementMartin County, TX0 BBLs199 MCFDec 2025
Frances 12Martin County, TX22,457 BBLs143,253 MCFDec 2025
GulfMartin County, TX17 BBLs326 MCFDec 2025
Hall 11Martin County, TX227 BBLs1,515 MCFDec 2025
HarrellMartin County, TX284 BBLs1,917 MCFDec 2025
Jones BrosMartin County, TX212 BBLs1,920 MCFDec 2025
Marienfeld 13Martin County, TX22,749 BBLs142,569 MCFDec 2025
MillhollonMartin County, TX200 BBLs590 MCFDec 2025
PetersMartin County, TX45,252 BBLs173,100 MCFDec 2025
PorterMartin County, TX310 BBLs873 MCFDec 2025
Stanton Townsite UnitMartin County, TX114 BBLs0 MCFNov 2025
Straub 7Martin County, TX625 BBLs3,537 MCFDec 2025
TerrellMartin County, TX602 BBLs3,642 MCFDec 2025
VLT Rigby UnitMartin County, TX5,975 BBLs49,851 MCFDec 2025
VLT Sharps UnitMartin County, TX8,564 BBLs36,772 MCFDec 2025
WheelerMartin County, TX190 BBLs0 MCFDec 2025
YaterMartin County, TX31,384 BBLs155,783 MCFDec 2025

Companies in the Area

These are the closest 20 companies operating near the Chesser 12 property.

Company Name
Alta Energy Corporation
Arya Resources, LLC
Berry Oil Comp.
Chevron USA Inc
Civitas Permian Operating, LLC
Diamondback E&P LLC
Energen Resources Corporation
H & O Operating Co
Keystone Energy Oil & Gas Inc
Meritage Energy Company LLC
MGF Oil Corporation
Midland Energy, Inc.
Oxyrock Operating, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Rosewood Resources Inc
Tamarack Petroleum Company, Inc.
Vencer Energy, LLC
Wilton Oil Company
XTO Energy Inc.

Frac'ing activity on Chesser 12

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-38692Chesser 12#2

Owners of Chesser 12

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PETROPLEX ENERGY INCCHESSER "12" #1,2PETROPLEX ENERGY
2025STRAUB HOLDINGS LPCHESSER "12" #1,2PETROPLEX ENERGY
2025VIPER ENERGY PARTNERS LLCCHESSER "12" #1,2PETROPLEX ENERGY
2025REEVES FAMILY PROPERTIES LPCHESSER "12" #1,2PETROPLEX ENERGY
2025RAHUBA GILBERTCHESSER "12" #1,2PETROPLEX ENERGY
2025RAHUBA JUDY LCHESSER "12" #1,2PETROPLEX ENERGY
2025JONES RICHELLE LAMARCHESSER "12" #1,2PETROPLEX ENERGY
2025WHITTREDGE CHRISTI CHESSERCHESSER "12" #1,2PETROPLEX ENERGY
Displaying 8 of 24 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Chesser 12

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39552CHESSER "12"Dec 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Nov 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Nov 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jul 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jul 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jun 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jun 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Mar 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Mar 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Feb 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Feb 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jan 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jan 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Dec 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Dec 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.