Oil & Gas Property in Gaines County, TX
Key data points for Nichols
| County | Gaines County, TX |
|---|---|
| Operator | BIG AL OIL AND GAS |
| Production Dates | Jan 1993 - Sep 2024 |
| Total Oil Production | 7,034 BBLs |
| Total Gas Production | 220,114 MCF |
| Recent Oil Production | 2 BBLs in Sep 2024 |
| Recent Gas Production | 0 MCF in Sep 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Nichols
ShaleAssessment™
$437 *
MarketMultiple™
$353 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Nichols property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Branex/American | Gaines County, TX | 5,304 BBLs | 666 MCF | Oct 2024 |
| Brumfield, J | Gaines County, TX | 157 BBLs | 0 MCF | Oct 2024 |
| Carrie O Davis | Lea County, NM | 246 BBLs | 0 MCF | Nov 2024 |
| Cook E. Estate | Gaines County, TX | 551 BBLs | 69 MCF | Oct 2024 |
| Cotton Gin | Gaines County, TX | 914 BBLs | 114 MCF | Oct 2024 |
| Davis | Lea County, NM | 0 BBLs | 0 MCF | Oct 2016 |
| Denton | Gaines County, TX | 1,723 BBLs | 215 MCF | Oct 2024 |
| Diamond | Lea County, NM | 385 BBLs | 1,293 MCF | Nov 2024 |
| East Hobbs San Andres Unit | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Foster | Lea County, NM | 0 BBLs | 0 MCF | Feb 2017 |
| Jade 19 39 29 State Com | Lea County, NM | 555 BBLs | 481 MCF | Nov 2024 |
| Jones | Gaines County, TX | 0 BBLs | 0 MCF | Mar 2023 |
| Jones Edgar E | Gaines County, TX | 0 BBLs | 0 MCF | Jan 2023 |
| Patriot | Gaines County, TX | 2,021 BBLs | 5,443 MCF | Sep 2024 |
| Renegade | Gaines County, TX | 4,310 BBLs | 11,786 MCF | Sep 2024 |
| Sapphire | Lea County, NM | 178 BBLs | 1,196 MCF | Nov 2024 |
| Schubert | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Selman | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| South Carter Sa Unit | Lea County, NM | 163 BBLs | 0 MCF | Oct 2024 |
| Williams | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
These are the closest 20 companies operating near the Nichols property.