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 - Jan 2024
Total Oil Production150,340 BBLs
Total Gas Production308,553 MCF
Recent Oil Production531 BBLs in Dec 2023
Recent Gas Production2,210 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Chesser 12

ShaleAssessment™

$35,278 *

MarketMultiple™

$76,128 **

* 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 Jan 2024

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.Monthly Gas 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, TX612 BBLs1,519 MCFJan 2024
ClementsMartin County, TX227 BBLs580 MCFJan 2024
FlanaganMartin County, TX493 BBLs262 MCFJan 2024
Flanagan Annie Oil ManagementMartin County, TX220 BBLs1,369 MCFJan 2024
Frances 12Martin County, TX42,034 BBLs181,148 MCFJan 2024
GulfMartin County, TX326 BBLs200 MCFJan 2024
HarrellMartin County, TX375 BBLs1,743 MCFDec 2023
Jones BrosMartin County, TX364 BBLs1,852 MCFJan 2024
Marienfeld 13Martin County, TX37,381 BBLs183,337 MCFJan 2024
MillhollonMartin County, TX279 BBLs554 MCFJan 2024
Nettie 6Martin County, TX330 BBLs991 MCFJan 2024
PetersMartin County, TX41,341 BBLs232,617 MCFJan 2024
PorterMartin County, TX540 BBLs938 MCFJan 2024
Stanton Townsite UnitMartin County, TX158 BBLs0 MCFDec 2023
Straub 7Martin County, TX833 BBLs3,621 MCFJan 2024
TerrellMartin County, TX1,280 BBLs6,115 MCFJan 2024
VLT Rigby UnitMartin County, TX11,465 BBLs36,843 MCFJan 2024
VLT Sharps UnitMartin County, TX13,805 BBLs25,863 MCFJan 2024
WheelerMartin County, TX402 BBLs1,302 MCFJan 2024
YaterMartin County, TX102,198 BBLs274,960 MCFJan 2024

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.
Black Arrow Operating, LLC
Chevron USA Inc
Civitas Permian Operating, LLC
Crownquest Operating, LLC
Energen Resources Corporation
H & O Operating Co
Keystone Energy Oil & Gas Inc
Meritage Energy Company LLC
MGF Oil Corporation
Midland Energy, Inc.
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Rosewood Resources, Inc.
Tamarack Petroleum Company, Inc.
Vencer Energy, LLC
Wilton Oil Company
XTO Energy Inc.

Owners of Chesser 12

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PETROPLEX ENERGY INCCHESSER "12" #1,2PETROPLEX ENERGY
2023STRAUB HOLDINGS LPCHESSER "12" #1,2PETROPLEX ENERGY
2023VIPER ENERGY PARTNERS LLCCHESSER "12" #1,2PETROPLEX ENERGY
2023REEVES FAMILY PROPERTIES LPCHESSER "12" #1,2PETROPLEX ENERGY
2023RAHUBA GILBERTCHESSER "12" #1,2PETROPLEX ENERGY
2023RAHUBA JUDY LCHESSER "12" #1,2PETROPLEX ENERGY
2023JONES RICHELLE LAMARCHESSER "12" #1,2PETROPLEX ENERGY
2023WHITTREDGE CHRISTI CHESSERCHESSER "12" #1,2PETROPLEX ENERGY
Displaying 8 of 23 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"Nov 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Nov 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jul 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jul 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jun 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jun 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Mar 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Mar 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Feb 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jan 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Dec 2022SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Nov 2022SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2022SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2022SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2022SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.