Nichols

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Nichols

CountyMartin County, TX
Production DatesJan 1993 - Sep 2025
Total Oil Production80,187 BBLs
Total Gas Production151,416 MCF
Recent Oil Production129 BBLs in Aug 2025
Recent Gas Production0 MCF in Aug 2025
Wells on Property4

Our Valuation Estimates for Nichols

ShaleAssessment

$10,331 *

MarketMultiple

$10,553 **

* 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 Sep 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
AckerlyMartin County, TX1,615 BBLs8,539 MCFSep 2025
Blackgoldeneye 13-1Martin County, TX32,061 BBLs42,964 MCFSep 2025
BondMartin County, TX52 BBLs0 MCFSep 2025
CookMartin County, TX1,148 BBLs659 MCFSep 2025
DavisMartin County, TX1,347 BBLs7,014 MCFSep 2025
Desert Door 18-6Martin County, TX30,994 BBLs63,428 MCFSep 2025
Dyer-KilgoreMartin County, TX9,666 BBLs36,255 MCFSep 2025
GranthamMartin County, TX0 BBLs0 MCFMay 2025
Gus 35Martin County, TX1,424 BBLs4,822 MCFSep 2025
Gustav 25Martin County, TX758 BBLs1,733 MCFSep 2025
JeffcoatMartin County, TX44 BBLs0 MCFSep 2025
Lady BirdMartin County, TX34,362 BBLs80,899 MCFSep 2025
LassardMartin County, TX5,940 BBLs41,318 MCFSep 2025
Lonesome DoveMartin County, TX47,420 BBLs144,491 MCFSep 2025
ReeseMartin County, TX661 BBLs1,931 MCFSep 2025
Titos 31-42Martin County, TX11,221 BBLs60,023 MCFSep 2025
Tomcat 23-24Martin County, TX24,934 BBLs57,677 MCFSep 2025
Webb MaryMartin County, TX435 BBLs0 MCFSep 2025
WigginsMartin County, TX15 BBLs0 MCFSep 2025
Woodrow 34Martin County, TX341 BBLs1,405 MCFSep 2025

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 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
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