Elkin-Nichols Unit

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Elkin-Nichols Unit

CountyMidland County, TX
Production DatesJan 1993 - Jun 2024
Total Oil Production81,041 BBLs
Total Gas Production281,039 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property1

Our Valuation Estimates for Elkin-Nichols Unit

ShaleAssessment

$635 *

MarketMultiple

Not Available

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Elkin-Nichols Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Elkin-Nichols Unit
from Jan 1993 to Jun 2024

Wells on Elkin-Nichols Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-32007ELKIN NICHOLS UNIT 1 1BLACK ARROW OPERATING, LLCProducingMidland County, TX32.036178-101.993256

Leases included in Elkin-Nichols Unit

Lease #Lease NameOperatorCounty
08-32030ELKIN-NICHOLS UNIT 1DAVIS & CARR ENERGY CO.Midland County, TX
08-32305ELKIN-NICHOLS UNIT 2DAVIS & CARR ENERGY CO.Midland County, TX
08-32563ELKIN-NICHOLS UNIT2TURQUOISE BAY CORPORATIONMidland County, TX
08-33427ELKIN NICHOLS UNIT 1BLACK ARROW OPERATING, LLCMidland County, TX

Nearby Properties

These are the closest 20 properties to the Elkin-Nichols Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Caza ElkinsMidland County, TX2,315 BBLs1,582 MCFApr 2025
DameronMidland County, TX79 BBLs137 MCFApr 2025
DunnMidland County, TX493 BBLs524 MCFApr 2025
ElkinMidland County, TX197,938 BBLs222,338 MCFApr 2025
Evangeline AMidland County, TX133 BBLs307 MCFApr 2025
Hooper 39Midland County, TX0 BBLs0 MCFDec 2024
LoganMidland County, TX207 BBLs341 MCFApr 2025
LucyMidland County, TX2,518 BBLs3,879 MCFApr 2025
Meissner-Raggett 37Midland County, TX134,929 BBLs210,225 MCFApr 2025
My Truelove 38Midland County, TX1,374 BBLs3,244 MCFApr 2025
Ne City 35Midland County, TX247,520 BBLs643,212 MCFApr 2025
NicholsMidland County, TX239 BBLs0 MCFMar 2025
PattonMidland County, TX125,479 BBLs153,674 MCFApr 2025
Preston, Martha JaneMidland County, TX320 BBLs368 MCFApr 2025
SandefurMidland County, TX638 BBLs946 MCFApr 2025
SmithMidland County, TX0 BBLs0 MCFJan 2025
SorgeMidland County, TX84 BBLs295 MCFApr 2025
StanleyMidland County, TX356 BBLs1,354 MCFApr 2025
VolivaMidland County, TX0 BBLs0 MCFAug 2024
Willow LakesMidland County, TX193 BBLs360 MCFApr 2025

Owners of Elkin-Nichols Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BLACK ARROW OPERATING LLCELKIN NICHOLS UNIT 1BLACK ARROW OPERATIN

Oil & Gas Sales on Elkin-Nichols Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-33427ELKIN NICHOLS UNIT 1May 2019PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Mar 2019PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Dec 2018PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Dec 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Nov 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Oct 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Sep 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Sep 2018PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Apr 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Mar 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Feb 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Jan 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Dec 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Nov 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Oct 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Sep 2017PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Sep 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Aug 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Jul 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1Jun 2017PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Jun 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1May 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1Apr 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1Mar 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1Feb 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC