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 - Oct 2025
Total Oil Production161,640 BBLs
Total Gas Production331,436 MCF
Recent Oil Production500 BBLs in Sep 2025
Recent Gas Production0 MCF in Sep 2025
Wells on Property2

Our Valuation Estimates for Chesser 12

ShaleAssessment™

$23,357 *

MarketMultiple™

$62,897 **

* 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 Oct 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, TX474 BBLs0 MCFOct 2025
ClementsMartin County, TX94 BBLs0 MCFOct 2025
FlanaganMartin County, TX326 BBLs928 MCFOct 2025
Flanagan Annie Oil ManagementMartin County, TX0 BBLs0 MCFOct 2025
Frances 12Martin County, TX23,473 BBLs152,015 MCFOct 2025
GulfMartin County, TX42 BBLs769 MCFOct 2025
Hall 11Martin County, TX462 BBLs4,101 MCFOct 2025
HarrellMartin County, TX309 BBLs1,074 MCFOct 2025
Jones BrosMartin County, TX167 BBLs2,103 MCFOct 2025
Marienfeld 13Martin County, TX29,463 BBLs167,155 MCFOct 2025
MillhollonMartin County, TX211 BBLs590 MCFOct 2025
PetersMartin County, TX51,748 BBLs146,474 MCFOct 2025
PorterMartin County, TX309 BBLs824 MCFOct 2025
Stanton Townsite UnitMartin County, TX0 BBLs0 MCFAug 2025
Straub 7Martin County, TX636 BBLs4,288 MCFOct 2025
TerrellMartin County, TX856 BBLs4,560 MCFOct 2025
VLT Rigby UnitMartin County, TX6,718 BBLs36,072 MCFOct 2025
VLT Sharps UnitMartin County, TX10,325 BBLs31,462 MCFOct 2025
WheelerMartin County, TX204 BBLs0 MCFOct 2025
YaterMartin County, TX19,977 BBLs125,141 MCFOct 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.
Black Arrow Operating, LLC
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
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
2025JONES RICHELLE LAMARCHESSER "12" #1,2PETROPLEX ENERGY
2025RAHUBA GILBERTCHESSER "12" #1,2PETROPLEX ENERGY
2025RAHUBA JUDY LCHESSER "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"Apr 2025SHELL TRADING (US) COMPANYPETROPLEX 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.
08-39552CHESSER "12"Nov 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Nov 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jul 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jul 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jun 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jun 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.