Nichols

Oil & Gas Property in Montmorency County, MI

Property Summary

Key data points for Nichols

CountyMontmorency County, MI
Production DatesNov 1987 - Aug 2024
Total Oil Production125 BBLs
Total Gas Production1,947,794 MCF
Recent Oil Production0 BBLs in Jul 2024
Recent Gas Production1,417 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Nichols

ShaleAssessment

$3,027 *

MarketMultiple

$27,163 **

* 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 Aug 2024

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 BBLs59 MCFJul 2024
BrownOtsego County, MI0 BBLs0 MCFOct 1982
CampbellOtsego County, MI0 BBLs0 MCFOct 1982
CharltonOtsego County, MI0 BBLs48,344 MCFAug 2024
Knight-Vienna 4Montmorency County, MI0 BBLs7,097 MCFJul 2024
Lavigne 1-35Montmorency County, MI0 BBLs0 MCFSep 2008
MarstrandOtsego County, MI0 BBLs0 MCFApr 2024
North Hidden LakeMontmorency County, MI0 BBLs9,581 MCFAug 2024
Rosen TrustMontmorency County, MI0 BBLs0 MCFSep 1988
State CharltonOtsego County, MI1,709 BBLs19,836 MCFAug 2024
State MontmorencyMontmorency County, MI0 BBLs0 MCFJul 2020
State VIennaMontmorency County, MI0 BBLs1,005 MCFAug 2024
State VIennaMontmorency County, MI49 BBLs2,047 MCFAug 2024
Stump 1-10Montmorency County, MI0 BBLs1,913 MCFAug 2024
SummerlandOtsego County, MI0 BBLs166 MCFAug 2024
ViennaMontmorency County, MI0 BBLs83,175 MCFAug 2024
WeberOtsego County, MI44 BBLs337 MCFAug 2024
WilliamsOtsego County, MI0 BBLs759 MCFAug 2024