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 - Jan 2026
Total Oil Production80,656 BBLs
Total Gas Production151,416 MCF
Recent Oil Production138 BBLs in Dec 2025
Recent Gas Production0 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for Nichols

ShaleAssessment™

$9,798 *

MarketMultiple™

$12,727 **

* 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 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, TX45,625 BBLs69,679 MCFJan 2026
BondMartin County, TX6 BBLs0 MCFDec 2025
CookMartin County, TX136 BBLs0 MCFJan 2026
DavisMartin County, TX955 BBLs5,813 MCFJan 2026
Desert Door 18-6Martin County, TX27,241 BBLs54,715 MCFDec 2025
Dyer-KilgoreMartin County, TX10,373 BBLs42,257 MCFJan 2026
GranthamMartin County, TX25 BBLs0 MCFJan 2026
Gus 35Martin County, TX1,293 BBLs4,369 MCFJan 2026
Gustav 25Martin County, TX534 BBLs1,769 MCFJan 2026
JeffcoatMartin County, TX5 BBLs1 MCFDec 2025
Lady BirdMartin County, TX33,528 BBLs21,934 MCFFeb 2026
LassardMartin County, TX10,299 BBLs51,878 MCFJan 2026
Lonesome DoveMartin County, TX37,742 BBLs92,529 MCFJan 2026
ReeseMartin County, TX2,355 BBLs1,390 MCFJan 2026
Streets Of LaredoMartin County, TX214,928 BBLs149,199 MCFFeb 2026
Titos 31-42Martin County, TX3,799 BBLs4,186 MCFJan 2026
Tomcat 23-24Martin County, TX20,774 BBLs53,580 MCFJan 2026
Webb MaryMartin County, TX206 BBLs236 MCFJan 2026
WigginsMartin County, TX5 BBLs2 MCFJan 2026
Woodrow 34Martin County, TX316 BBLs1,605 MCFJan 2026

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
Petrolegacy Energy II, LLC
Pioneer Natural Res. USA, Inc.
Remuda Operating Company
Rock Fish Operating LLC
Scout Energy Management LLC
SM Energy Company
Southwest Royalties, Inc.

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