Nichols

Oil & Gas Property in McMullen County, TX

Property Summary

Key data points for Nichols

CountyMcMullen County, TX
Production DatesApr 2012 - Dec 2023
Total Oil Production186,937 BBLs
Total Gas Production289,554 MCF
Recent Oil Production415 BBLs in Dec 2023
Recent Gas Production575 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Nichols

ShaleAssessment

$21,432 *

MarketMultiple

$57,354 **

* 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 Apr 2012 to Dec 2023

Wells on Nichols

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-311-32409NICHOLS "D" 1PHILLIPS PETROLEUM COMPANYDry HoleMcMullen County, TX28.475884-98.569981
42-311-34518NICHOLS A1HINEOS USA OIL & GAS LLCProducingMcMullen County, TX28.469148-98.569468

Leases included in Nichols

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
01-15573NICHOLSINEOS USA OIL & GAS LLCMcMullen 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
Blaha UnitMcMullen County, TX488 BBLs1,185 MCFJan 2024
Blaha-Dilworth (SaMcMullen County, TX301 BBLs1,643 MCFJan 2024
DilworthMcMullen County, TX342 BBLs1,079 MCFJan 2024
Frio River RanchMcMullen County, TX4,656 BBLs8,464 MCFJan 2024
G.L. Hayes EMcMullen County, TX1,824 BBLs4,476 MCFJan 2024
Gloria WheelerMcMullen County, TX4,142 BBLs8,092 MCFJan 2024
HenryMcMullen County, TX0 BBLs0 MCFApr 2022
HillMcMullen County, TX1,824 BBLs3,306 MCFJan 2024
Lester PowersMcMullen County, TX542 BBLs2,259 MCFJan 2024
MarshallMcMullen County, TX34 BBLs0 MCFJan 2024
Me-You EfsMcMullen County, TX1,277 BBLs4,444 MCFJan 2024
MonteithMcMullen County, TX373 BBLs710 MCFJan 2024
PowersMcMullen County, TX9,399 BBLs15,291 MCFJan 2024
Saylee SouthMcMullen County, TX1,835 BBLs5,005 MCFJan 2024
Sunflower UnitMcMullen County, TX384 BBLs1,006 MCFJan 2024
Swaim Unit IMcMullen County, TX0 BBLs0 MCFNov 2023
SwensonMcMullen County, TX4,581 BBLs10,802 MCFJan 2024
Thier UnitMcMullen County, TX283 BBLs1,174 MCFJan 2024
TildenMcMullen County, TX196 BBLs882 MCFJan 2024
WalkerMcMullen County, TX6,606 BBLs24,246 MCFJan 2024

Owners of Nichols

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CHESAPEAKE OPERATING LLCNICHOLSCHESAPEAKE OPE
2023NICHOLS CARROLL JNICHOLSCHESAPEAKE OPE

Oil & Gas Sales on Nichols

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-15573NICHOLSNov 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSOct 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSOct 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSSep 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSSep 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSAug 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSAug 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSJul 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSJul 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSJun 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSJun 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSMay 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSMay 2023CHESAPEAKE ENERGY MARKETING, L.L.C.INEOS USA OIL & GAS LLC
01-15573NICHOLSApr 2023CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSApr 2023CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSMar 2023CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSMar 2023CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSFeb 2023CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSFeb 2023CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSJan 2023CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSDec 2022CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSDec 2022CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSNov 2022CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSNov 2022CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.
01-15573NICHOLSOct 2022CHESAPEAKE ENERGY MARKETING, L.L.C.CHESAPEAKE OPERATING, L.L.C.