Nichols

Oil & Gas Property in Montmorency County, MI

Property Summary

Key data points for Nichols

CountyMontmorency County, MI
Production DatesNov 1987 - Jan 2025
Total Oil Production125 BBLs
Total Gas Production1,957,174 MCF
Recent Oil Production0 BBLs in Jan 2025
Recent Gas Production1,936 MCF in Jan 2025
Wells on Property2

Our Valuation Estimates for Nichols

ShaleAssessment

$2,771 *

MarketMultiple

$29,755 **

* 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 Nov 1987 to Jan 2025

Wells on Nichols

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-119-40442NICHOLS 1-4LAMBDA ENERGY RESOURCES LLCTemporarily AbandonedMontmorency County, MI45.023937-84.331930
21-119-40675NICHOLS 2-4LAMBDA ENERGY RESOURCES LLCProducingMontmorency County, MI45.023519-84.328445

Leases included in Nichols

Lease #Lease NameOperatorCountyMonthly Gas Prod.
8563NICHOLS 1-4MERIT ENERGY COMontmorency County, MI
8574NICHOLS 2-4MERIT ENERGY COMontmorency County, MI

Operators Associated With Nichols

Nearby Properties

These are the closest 18 properties to the Nichols property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black-CooleyOtsego County, MI0 BBLs19 MCFJan 2025
BrownOtsego County, MI0 BBLs0 MCFOct 1982
CampbellOtsego County, MI0 BBLs0 MCFOct 1982
CharltonOtsego County, MI0 BBLs38,285 MCFFeb 2025
Knight-Vienna 4Montmorency County, MI0 BBLs6,418 MCFJan 2025
Lavigne 1-35Montmorency County, MI0 BBLs0 MCFSep 2008
MarstrandOtsego County, MI0 BBLs0 MCFDec 2024
North Hidden LakeMontmorency County, MI0 BBLs8,516 MCFFeb 2025
Rosen TrustMontmorency County, MI0 BBLs0 MCFSep 1988
State CharltonOtsego County, MI1,805 BBLs16,775 MCFFeb 2025
State MontmorencyMontmorency County, MI0 BBLs0 MCFOct 2023
State VIennaMontmorency County, MI72 BBLs2,666 MCFJan 2025
State VIennaMontmorency County, MI0 BBLs939 MCFJan 2025
Stump 1-10Montmorency County, MI0 BBLs2,354 MCFJan 2025
SummerlandOtsego County, MI0 BBLs111 MCFFeb 2025
ViennaMontmorency County, MI0 BBLs63,087 MCFJan 2025
WeberOtsego County, MI141 BBLs241 MCFJan 2025
WilliamsOtsego County, MI0 BBLs724 MCFFeb 2025