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 - Mar 2026
Total Oil Production163,954 BBLs
Total Gas Production331,436 MCF
Recent Oil Production423 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Chesser 12

ShaleAssessment™

$21,944 *

MarketMultiple™

$51,380 **

* 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 Mar 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.
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, TX438 BBLs0 MCFMar 2026
ClementsMartin County, TX87 BBLs0 MCFMar 2026
FlanaganMartin County, TX0 BBLs0 MCFJan 2026
Flanagan Annie Oil ManagementMartin County, TX69 BBLs419 MCFMar 2026
Frances 12Martin County, TX21,166 BBLs140,581 MCFMar 2026
GulfMartin County, TX19 BBLs867 MCFMar 2026
Hall 11Martin County, TX319 BBLs1,515 MCFMar 2026
HarrellMartin County, TX330 BBLs1,927 MCFMar 2026
KoonceMartin County, TX191 BBLs146 MCFMar 2026
Marienfeld 13Martin County, TX22,613 BBLs134,156 MCFMar 2026
MillhollonMartin County, TX197 BBLs541 MCFMar 2026
PetersMartin County, TX33,610 BBLs153,623 MCFMar 2026
PorterMartin County, TX354 BBLs760 MCFMar 2026
Stanton Townsite UnitMartin County, TX97 BBLs0 MCFMar 2026
Straub 7Martin County, TX472 BBLs2,721 MCFMar 2026
TerrellMartin County, TX700 BBLs3,795 MCFMar 2026
VLT Rigby UnitMartin County, TX4,705 BBLs56,608 MCFMar 2026
VLT Sharps UnitMartin County, TX7,485 BBLs28,758 MCFMar 2026
WheelerMartin County, TX173 BBLs0 MCFMar 2026
YaterMartin County, TX26,016 BBLs151,219 MCFMar 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
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
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"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.
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.