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 Dec 2024
Recent Gas Production1,884 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Nichols

ShaleAssessment

$2,771 *

MarketMultiple

$29,693 **

* 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 BBLs5 MCFJan 2025
BrownOtsego County, MI0 BBLs0 MCFOct 1982
CampbellOtsego County, MI0 BBLs0 MCFOct 1982
CharltonOtsego County, MI0 BBLs40,408 MCFJan 2025
Knight-Vienna 4Montmorency County, MI0 BBLs6,508 MCFDec 2024
Lavigne 1-35Montmorency County, MI0 BBLs0 MCFSep 2008
MarstrandOtsego County, MI869 BBLs5,140 MCFDec 2024
North Hidden LakeMontmorency County, MI0 BBLs9,011 MCFJan 2025
Rosen TrustMontmorency County, MI0 BBLs0 MCFSep 1988
State CharltonOtsego County, MI1,760 BBLs17,458 MCFJan 2025
State MontmorencyMontmorency County, MI0 BBLs0 MCFOct 2023
State VIennaMontmorency County, MI55 BBLs3,368 MCFJan 2025
State VIennaMontmorency County, MI0 BBLs972 MCFJan 2025
Stump 1-10Montmorency County, MI0 BBLs2,423 MCFJan 2025
SummerlandOtsego County, MI0 BBLs127 MCFJan 2025
ViennaMontmorency County, MI0 BBLs80,456 MCFDec 2024
WeberOtsego County, MI103 BBLs199 MCFJan 2025
WilliamsOtsego County, MI0 BBLs894 MCFJan 2025