Nichols

Gas Property in Fallon County, MT

Property Summary

Key data points for Nichols

CountyFallon County, MT
OperatorREMUDA ENERGY DEVELOPMENT LLC
Production DatesMay 1998 - Jan 2025
Total Oil Production0 BBLs
Total Gas Production376,715 MCF
Recent Oil Production0 BBLs in Jan 2025
Recent Gas Production50 MCF in Jan 2025
Wells on Property3

Our Valuation Estimates for Nichols

ShaleAssessment

$333 *

MarketMultiple

$64 **

* 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 May 1998 to Jan 2025

Wells on Nichols

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
25-025-21142NICHOLS 23-1Woods Petroleum CorporationP&A - ApprovedFallon County, MT46.006810-104.111530
25-025-21208Nichols 15-1Remuda Energy Development, LLCProducingFallon County, MT46.015870-104.119710
25-025-22954Nichols 5-23Remuda Energy Development, LLCProducingFallon County, MT46.010220-104.106300

Leases included in Nichols

Lease #Lease NameOperatorCountyMonthly Gas Prod.
5610NICHOLS 15-1Remuda Energy Development, LLCFallon County, MT

Nearby Properties

These are the closest 13 properties to the Nichols property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BR 21Fallon County, MT0 BBLs1,445 MCFJan 2025
BR 23Fallon County, MT0 BBLs4,951 MCFJan 2025
Cox 2Fallon County, MT0 BBLs463 MCFJan 2025
Fee 1Fallon County, MT0 BBLs0 MCFAug 2005
Ndbis022408b 2Bowman County, ND0 BBLs3,530 MCFJan 2025
Ndbis022410 2Bowman County, ND0 BBLs3,153 MCFJan 2025
Ndbis022419 2Bowman County, ND0 BBLs8,228 MCFJan 2025
Ndbis023348a 2Bowman County, ND0 BBLs354 MCFJan 2025
NPRRFallon County, MT1,028 BBLs54 MCFJan 2025
TronstadFallon County, MT0 BBLs677 MCFJan 2025
Us 42-24RFallon County, MT694 BBLs18 MCFJan 2025
Us Unit 31-30Fallon County, MT535 BBLs63 MCFJan 2025
USA 13X-18Fallon County, MT317 BBLs27 MCFJan 2025

Companies in the Area

These are the closest 5 companies operating near the Nichols property.

Company Name
Denbury Onshore, LLC
Fidelity Exploration & Production Company
Remuda Energy Development LLC
Scout Energy Management LLC
Shell Western E&P Inc.