Nichols

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Nichols

CountyMartin County, TX
Production DatesJan 1993 - Nov 2025
Total Oil Production80,420 BBLs
Total Gas Production151,421 MCF
Recent Oil Production96 BBLs in Oct 2025
Recent Gas Production0 MCF in Oct 2025
Wells on Property4

Our Valuation Estimates for Nichols

ShaleAssessment™

$10,053 *

MarketMultiple™

$12,208 **

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

Based on a decimal interest

Nichols Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Nichols
from Jan 1993 to Nov 2025

Wells on Nichols

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-10210NICHOLS 1DIAMONDBACK E&P LLCShut InMartin County, TX32.484346-101.772408
42-317-32026NICHOLS 1-19MAGUIRE OIL COMPANYPlugged Oil WellMartin County, TX32.481717-101.767139
42-317-35364NICHOLS 24 1DIAMONDBACK E&P LLCProducingMartin County, TX32.467096-101.780486
42-317-37250NICHOLS 24 3DIAMONDBACK E&P LLCProducingMartin County, TX32.462167-101.783354

Leases included in Nichols

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-40041NICHOLS "24"DIAMONDBACK E&P LLCMartin County, TX
8A-60052NICHOLSDIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Nichols

Nearby Properties

These are the closest 20 properties to the Nichols property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Blackgoldeneye 13-1Martin County, TX55,430 BBLs64,218 MCFNov 2025
BondMartin County, TX15 BBLs0 MCFNov 2025
CookMartin County, TX257 BBLs390 MCFNov 2025
DavisMartin County, TX1,141 BBLs6,906 MCFNov 2025
Desert Door 18-6Martin County, TX24,809 BBLs52,183 MCFNov 2025
Dyer-KilgoreMartin County, TX10,402 BBLs41,989 MCFNov 2025
GranthamMartin County, TX0 BBLs0 MCFNov 2025
Gus 35Martin County, TX672 BBLs3,838 MCFNov 2025
Gustav 25Martin County, TX553 BBLs1,735 MCFNov 2025
JeffcoatMartin County, TX20 BBLs0 MCFNov 2025
Lady BirdMartin County, TX0 BBLs0 MCFDec 2025
LassardMartin County, TX16,373 BBLs49,758 MCFNov 2025
Lonesome DoveMartin County, TX24,835 BBLs70,284 MCFNov 2025
ReeseMartin County, TX124 BBLs741 MCFNov 2025
Streets Of LaredoMartin County, TX0 BBLs0 MCFDec 2025
Titos 31-42Martin County, TX3,970 BBLs20,309 MCFNov 2025
Tomcat 23-24Martin County, TX29,719 BBLs63,792 MCFNov 2025
Webb MaryMartin County, TX227 BBLs248 MCFOct 2025
WigginsMartin County, TX4 BBLs0 MCFNov 2025
Woodrow 34Martin County, TX320 BBLs1,563 MCFNov 2025

Companies in the Area

These are the closest 20 companies operating near the Nichols property.

Company Name
Avid Energy Assets LLC
Birch Operations, Inc.
Crownquest Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Enervest Operating LLC
Great Western Drilling Company
Houston Oil & Minerals Corp.
Maguire Oil Company
MGF Oil Corporation
Ovintiv USA Inc.
Oxyrock Operating, LLC
Pbex-MCM Operating, LLC
Petrolegacy Energy II, LLC
Pioneer Natural Res. USA, Inc.
Remuda Operating Company
Rock Fish Operating LLC
Scout Energy Management LLC
SM Energy Company

Frac'ing activity on Nichols

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-37250Nichols 24 #3

Owners of Nichols

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025OVINTIV USA INCNICHOLS 24 #1,3OVINTIV USA INC

Oil & Gas Sales on Nichols

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-40041NICHOLS "24"Dec 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40041NICHOLS "24"Nov 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40041NICHOLS "24"Sep 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40041NICHOLS "24"Aug 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40041NICHOLS "24"Jul 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40041NICHOLS "24"May 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40041NICHOLS "24"Apr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40041NICHOLS "24"Dec 2024OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Sep 2024OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Feb 2024OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Jan 2024OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Nov 2023OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Oct 2023OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Sep 2023OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Aug 2023OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"Jul 2023OVINTIV USA INC.OVINTIV USA INC.
08-40041NICHOLS "24"May 2023PETROLEGACY ENERGY II, LLCPETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Apr 2023PETROLEGACY ENERGY II, LLCPETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Jan 2023PETROLEGACY ENERGY II, LLCPETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Nov 2022PETROLEGACY ENERGY II, LLCPETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Oct 2022PETROLEGACY ENERGY II, LLCPETROLEGACY ENERGY II, LLC