Nichols

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Nichols

CountyMartin County, TX
Production DatesJan 1993 - Apr 2026
Total Oil Production81,097 BBLs
Total Gas Production151,416 MCF
Recent Oil Production171 BBLs in Mar 2026
Recent Gas Production0 MCF in Mar 2026
Wells on Property4

Our Valuation Estimates for Nichols

ShaleAssessment

$9,456 *

MarketMultiple

$13,931 **

* 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 Apr 2026

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, TX33,567 BBLs68,728 MCFApr 2026
BondMartin County, TX0 BBLs0 MCFDec 2025
CookMartin County, TX102 BBLs0 MCFApr 2026
DavisMartin County, TX892 BBLs6,354 MCFApr 2026
Desert Door 18-6Martin County, TX29,484 BBLs56,511 MCFApr 2026
Dyer-KilgoreMartin County, TX9,031 BBLs37,643 MCFApr 2026
GranthamMartin County, TX59 BBLs0 MCFApr 2026
Gus 35Martin County, TX1,888 BBLs5,168 MCFApr 2026
Gustav 25Martin County, TX569 BBLs1,888 MCFApr 2026
JeffcoatMartin County, TX0 BBLs0 MCFDec 2025
Lady BirdMartin County, TX15,553 BBLs27,881 MCFApr 2026
LassardMartin County, TX10,301 BBLs52,669 MCFApr 2026
Lonesome DoveMartin County, TX35,627 BBLs97,656 MCFApr 2026
ReeseMartin County, TX980 BBLs2,677 MCFApr 2026
Streets Of LaredoMartin County, TX48,252 BBLs70,480 MCFMay 2026
Titos 31-42Martin County, TX3,288 BBLs8,661 MCFApr 2026
Tomcat 23-24Martin County, TX21,114 BBLs50,289 MCFApr 2026
Webb MaryMartin County, TX199 BBLs0 MCFApr 2026
WigginsMartin County, TX18 BBLs26 MCFApr 2026
Woodrow 34Martin County, TX292 BBLs1,739 MCFApr 2026

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"Feb 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
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