Nichols

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Nichols

CountyMidland County, TX
Production DatesJan 1993 - Apr 2026
Total Oil Production235,220 BBLs
Total Gas Production636,328 MCF
Recent Oil Production204 BBLs in Mar 2026
Recent Gas Production0 MCF in Mar 2026
Wells on Property7

Our Valuation Estimates for Nichols

ShaleAssessment

$4,843 *

MarketMultiple

$21,184 **

* 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
42-329-31343NICHOLS 1TAMARAY, INCPlugged Oil WellMidland County, TX32.025702-101.977965
42-329-31708NICHOLS 1DAVIS & CARR ENERGY CO.Sidetrack Well Surface LocationMidland County, TX32.027653-101.978461
42-329-31829NICHOLS 2BLACK ARROW OPERATING, LLCProducingMidland County, TX32.034227-101.989092
42-329-31954NICHOLS 3BLACK ARROW OPERATING, LLCShut InMidland County, TX32.031428-101.991554
42-329-32252NICHOLS 4DAVIS & CARR ENERGY CO.Permitted LocationMidland County, TX32.028927-101.999296
42-329-32723NICHOLS 1EXTEX OPERATING COMPANYShut InMidland County, TX32.028209-101.995462
42-329-35146NICHOLS 1PIONEER NATURAL RES. USA, INC.Oil WellMidland County, TX32.024615-101.981886

Leases included in Nichols

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-29839NICHOLSSMITH BROS. CASING PULLERS, INC.Midland County, TX
08-31409NICHOLSBLACK ARROW OPERATING, LLCMidland County, TX
08-33797NICHOLSEXTEX OPERATING COMPANYMidland County, TX
08-35981NICHOLSBLACK ARROW OPERATING, LLCMidland County, TX
08-37460NICHOLSPIONEER NATURAL RES. USA, INC.Midland County, TX

Nearby Properties

These are the closest 20 properties to the Nichols property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BurkeMidland County, TX321 BBLs319 MCFApr 2026
Caza ElkinsMidland County, TX429 BBLs1,711 MCFApr 2026
DameronMidland County, TX136 BBLs258 MCFApr 2026
DunnMidland County, TX297 BBLs359 MCFApr 2026
Elkin-Nichols UnitMidland County, TX0 BBLs0 MCFJun 2024
Evangeline AMidland County, TX150 BBLs283 MCFApr 2026
Hooper 39Midland County, TX0 BBLs0 MCFDec 2024
Hulk SmashMidland County, TX67,268 BBLs325,847 MCFApr 2026
LoganMidland County, TX0 BBLs0 MCFApr 2025
LucyMidland County, TX2,050 BBLs8,671 MCFApr 2026
Meissner-Raggett 37Midland County, TX59,695 BBLs221,235 MCFApr 2026
My Truelove 38Midland County, TX535 BBLs3,364 MCFApr 2026
Preston, Martha JaneMidland County, TX501 BBLs2,098 MCFApr 2026
SandefurMidland County, TX215 BBLs464 MCFApr 2026
SmithMidland County, TX0 BBLs0 MCFJan 2025
SpringerMidland County, TX521 BBLs1,205 MCFApr 2026
StanleyMidland County, TX385 BBLs2,793 MCFApr 2026
StatonMidland County, TX97 BBLs0 MCFApr 2026
VolivaMidland County, TX0 BBLs0 MCFAug 2024
Willow LakesMidland County, TX3,492 BBLs15,673 MCFApr 2026

Owners of Nichols

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BLACK ARROW OPERATING LLCNICHOLS #2BLACK ARROW OPERATIN
2025MAXWELL KYNN & JANNICHOLS #2BLACK ARROW OPERATIN
2025DESERT PARTNERS VII LPNICHOLS #2BLACK ARROW OPERATIN
2025ONEMAP MINERAL #4 LLCNICHOLS #2BLACK ARROW OPERATIN
2025GRAYROCK MINERALS LLCNICHOLS #2BLACK ARROW OPERATIN
2025PIONEER NATURAL RES -WI-NICHOLSPIONEER NATURAL RES
2025BH MINERALS LLCNICHOLS #2BLACK ARROW OPERATIN
2025PARKER JEANNICHOLS #2BLACK ARROW OPERATIN
Displaying 8 of 22 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Nichols

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-31409NICHOLSMar 2026BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSFeb 2026BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSJan 2026BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSDec 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSNov 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSOct 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSSep 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSAug 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSJul 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSJun 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSMay 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSApr 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSMar 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSFeb 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSJan 2025BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSDec 2024BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSNov 2024BML INCBLACK ARROW OPERATING, LLC
08-37460NICHOLSOct 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-31409NICHOLSAug 2024BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSJul 2024BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSJun 2024BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSMay 2024BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSApr 2024BML INCBLACK ARROW OPERATING, LLC
08-31409NICHOLSMar 2024BML INCBLACK ARROW OPERATING, LLC
08-37460NICHOLSMar 2024PIONEER NATURAL RESOURCES USA, INC.