Nichols

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Nichols

CountyMartin County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production77,504 BBLs
Total Gas Production151,416 MCF
Recent Oil Production202 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property4

Our Valuation Estimates for Nichols

ShaleAssessment

$15,461 *

MarketMultiple

$22,657 **

* 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 Jan 2024

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 119DIAMONDBACK E&P LLCShut InMartin County, TX32.481736-101.767143
42-317-35364NICHOLS 24 1OVINTIV USA INC.ProducingMartin County, TX32.467096-101.780486
42-317-37250NICHOLS 24 3OVINTIV USA INC.ProducingMartin County, TX32.462167-101.783354

Leases included in Nichols

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-40041NICHOLS "24"OVINTIV USA INC.Martin 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
Ackerly Langham 24Martin County, TX361 BBLs0 MCFJan 2024
BarberMartin County, TX0 BBLs0 MCFMay 2017
Blackgoldeneye 13-1Martin County, TX109,505 BBLs69,926 MCFJan 2024
BondMartin County, TX32 BBLs165 MCFJan 2024
CookMartin County, TX1,793 BBLs0 MCFJan 2024
DavisMartin County, TX1,490 BBLs2,529 MCFJan 2024
Desert Door 18-6Martin County, TX37,826 BBLs52,862 MCFJan 2024
Durward 25Martin County, TX333 BBLs157 MCFJan 2024
Dyer-KilgoreMartin County, TX14,993 BBLs31,314 MCFJan 2024
GranthamMartin County, TX1 BBLs0 MCFJan 2024
Gus 35Martin County, TX1,335 BBLs5,865 MCFJan 2024
JeffcoatMartin County, TX34 BBLs168 MCFJan 2024
Lady Bird 22-14Martin County, TX4,291 BBLs467 MCFJan 2024
LanghamMartin County, TX0 BBLs0 MCFJan 2018
LassardMartin County, TX20,166 BBLs147,417 MCFJan 2024
Lonesome DoveMartin County, TX3,094 BBLs9,166 MCFJan 2024
Titos 31-42Martin County, TX12,573 BBLs45,083 MCFJan 2024
Webb MaryMartin County, TX390 BBLs852 MCFJan 2024
WigginsMartin County, TX34 BBLs175 MCFJan 2024
Woodrow 34Martin County, TX420 BBLs2,229 MCFJan 2024

Owners of Nichols

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023VIPER ENERGY PARTNERS LLCNICHOLS 24 #1,3PETROLEGACY ENERGY
2023PETROLEGACY ENERGY II LLCNICHOLS 24 #1,3PETROLEGACY ENERGY
2023PEACEMAKER ROYALTIES LPNICHOLS 24 #1,3PETROLEGACY ENERGY
2023MERCURY MINERAL INVESTMENTSNICHOLS 24 #1,3PETROLEGACY ENERGY
2023FRANCO-NEVADA TEXAS LPNICHOLS 24 #1,3PETROLEGACY ENERGY
2023COX JM RESOURCES -RI/ORNICHOLS 24 #1,3PETROLEGACY ENERGY
2023HOPKINS DAVID HNICHOLS 24 #1,3PETROLEGACY ENERGY
2023REED JAMES LEIGHTON IVNICHOLS 24 #1,3PETROLEGACY ENERGY
Displaying 8 of 17 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Nichols

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
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
08-40041NICHOLS "24"Sep 2022PETROLEGACY ENERGY II, LLCPETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Aug 2022RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Jul 2022RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"May 2022RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Mar 2022RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Feb 2022RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Jan 2022RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Oct 2021RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Aug 2021RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"May 2021RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Apr 2021RIO ENERGY INTERNATIONAL, INC.PETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Jun 2020LION OIL TRADING & TRANSPORTATION, LLCPETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Apr 2020LION OIL TRADING & TRANSPORTATION, LLCPETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Mar 2020LION OIL TRADING & TRANSPORTATION, LLCPETROLEGACY ENERGY II, LLC
08-40041NICHOLS "24"Feb 2020PETROLEGACY ENERGY II, LLCPETROLEGACY ENERGY II, LLC