Nichols

Oil & Gas Property in Montmorency County, MI

Property Summary

Key data points for Nichols

CountyMontmorency County, MI
Production DatesNov 1987 - Oct 2024
Total Oil Production125 BBLs
Total Gas Production1,951,516 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production1,883 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Nichols

ShaleAssessment

$2,920 *

MarketMultiple

$25,496 **

* 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 Oct 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 17 properties to the Nichols property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black-CooleyOtsego County, MI0 BBLs0 MCFJul 2024
BrownOtsego County, MI0 BBLs0 MCFOct 1982
CampbellOtsego County, MI0 BBLs0 MCFOct 1982
CharltonOtsego County, MI0 BBLs48,518 MCFOct 2024
Knight-Vienna 4Montmorency County, MI0 BBLs7,101 MCFSep 2024
Lavigne 1-35Montmorency County, MI0 BBLs0 MCFSep 2008
MarstrandOtsego County, MI0 BBLs0 MCFMay 2024
North Hidden LakeMontmorency County, MI0 BBLs9,715 MCFOct 2024
Rosen TrustMontmorency County, MI0 BBLs0 MCFSep 1988
State CharltonOtsego County, MI1,953 BBLs20,896 MCFOct 2024
State MontmorencyMontmorency County, MI0 BBLs0 MCFJul 2020
State VIennaMontmorency County, MI170 BBLs3,399 MCFOct 2024
State VIennaMontmorency County, MI0 BBLs1,088 MCFOct 2024
SummerlandOtsego County, MI0 BBLs165 MCFOct 2024
ViennaMontmorency County, MI0 BBLs84,398 MCFSep 2024
WeberOtsego County, MI86 BBLs268 MCFOct 2024
WilliamsOtsego County, MI0 BBLs964 MCFOct 2024