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 - Jun 2026
Total Oil Production165,185 BBLs
Total Gas Production335,687 MCF
Recent Oil Production425 BBLs in May 2026
Recent Gas Production2,179 MCF in May 2026
Wells on Property2

Our Valuation Estimates for Chesser 12

ShaleAssessment™

$21,162 *

MarketMultiple™

$54,818 **

* 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 Jun 2026

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, TX503 BBLs2,188 MCFJun 2026
ClementsMartin County, TX85 BBLs0 MCFJun 2026
ClineMartin County, TX177 BBLs0 MCFJun 2026
FlanaganMartin County, TX444 BBLs1,008 MCFJun 2026
Flanagan Annie Oil ManagementMartin County, TX96 BBLs295 MCFJun 2026
Frances 12Martin County, TX18,592 BBLs150,182 MCFJun 2026
GulfMartin County, TX0 BBLs0 MCFApr 2026
HarrellMartin County, TX283 BBLs2,098 MCFJun 2026
KoonceMartin County, TX269 BBLs392 MCFJun 2026
Marienfeld 13Martin County, TX20,831 BBLs131,849 MCFJun 2026
MillhollonMartin County, TX201 BBLs607 MCFJun 2026
PetersMartin County, TX35,164 BBLs189,989 MCFJun 2026
PorterMartin County, TX305 BBLs966 MCFJun 2026
Stanton Townsite UnitMartin County, TX103 BBLs0 MCFJun 2026
Straub 7Martin County, TX302 BBLs2,869 MCFJun 2026
TerrellMartin County, TX371 BBLs3,499 MCFJun 2026
VLT Rigby UnitMartin County, TX6,084 BBLs51,124 MCFJun 2026
VLT Sharps UnitMartin County, TX6,873 BBLs35,395 MCFJun 2026
WheelerMartin County, TX177 BBLs0 MCFJun 2026
YaterMartin County, TX27,357 BBLs153,373 MCFJun 2026

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
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
2026PETROPLEX ENERGY INCCHESSER "12" #1,2PETROPLEX ENERGY
2026STRAUB HOLDINGS LPCHESSER "12" #1,2PETROPLEX ENERGY
2026VIPER ENERGY PARTNERS LLCCHESSER "12" #1,2PETROPLEX ENERGY
2026REEVES FAMILY PROPERTIES LPCHESSER "12" #1,2PETROPLEX ENERGY
2026UGALDE LYNDA KAY RAHUBACHESSER "12" #1,2PETROPLEX ENERGY
2026RAHUBA JUDY LCHESSER "12" #1,2PETROPLEX ENERGY
2026JONES RICHELLE LAMARCHESSER "12" #1,2PETROPLEX ENERGY
2026WHITTREDGE 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"Jun 2026SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2026SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2026DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2026SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2026DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Mar 2026SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Mar 2026DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Feb 2026SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Feb 2026DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jan 2026SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jan 2026DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Dec 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Dec 2025DCP OPERATING COMPANY, LPPETROPLEX 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.