Chesser 12

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Chesser 12

CountyMartin County, TX
OperatorPETROPLEX ENERGY INC.
Production DatesMar 2009 - Sep 2024
Total Oil Production154,696 BBLs
Total Gas Production324,974 MCF
Recent Oil Production412 BBLs in Aug 2024
Recent Gas Production1,930 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Chesser 12

ShaleAssessment

$27,516 *

MarketMultiple

$61,410 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Chesser 12 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Chesser 12
from Mar 2009 to Sep 2024

Wells on Chesser 12

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-35534CHESSER 12 1PETROPLEX ENERGY INC.ProducingMartin County, TX32.149293-101.790036
42-317-38692CHESSER 12 2PETROPLEX ENERGY INC.ProducingMartin County, TX32.147305-101.784100

Leases included in Chesser 12

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-39552CHESSER "12"PETROPLEX ENERGY INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Chesser 12 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong 12Martin County, TX521 BBLs406 MCFAug 2024
ClementsMartin County, TX154 BBLs0 MCFSep 2024
FlanaganMartin County, TX610 BBLs811 MCFSep 2024
Flanagan Annie Oil ManagementMartin County, TX183 BBLs1,226 MCFSep 2024
Frances 12Martin County, TX34,326 BBLs186,742 MCFSep 2024
GulfMartin County, TX204 BBLs323 MCFSep 2024
Hall 11Martin County, TX904 BBLs21,477 MCFSep 2024
HarrellMartin County, TX343 BBLs2,105 MCFSep 2024
Jones BrosMartin County, TX263 BBLs1,973 MCFSep 2024
Marienfeld 13Martin County, TX36,893 BBLs176,009 MCFSep 2024
MillhollonMartin County, TX25 BBLs640 MCFSep 2024
Nettie 6Martin County, TX284 BBLs1,039 MCFSep 2024
PetersMartin County, TX26,115 BBLs186,903 MCFSep 2024
PorterMartin County, TX369 BBLs979 MCFSep 2024
Stanton Townsite UnitMartin County, TX140 BBLs0 MCFSep 2024
Straub 7Martin County, TX629 BBLs2,498 MCFSep 2024
VLT Rigby UnitMartin County, TX11,131 BBLs49,837 MCFSep 2024
VLT Sharps UnitMartin County, TX11,869 BBLs21,728 MCFSep 2024
WheelerMartin County, TX510 BBLs0 MCFSep 2024
YaterMartin County, TX59,226 BBLs194,614 MCFSep 2024

Owners of Chesser 12

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PETROPLEX ENERGY INCCHESSER "12" #1,2PETROPLEX ENERGY
2024STRAUB HOLDINGS LPCHESSER "12" #1,2PETROPLEX ENERGY
2024VIPER ENERGY PARTNERS LLCCHESSER "12" #1,2PETROPLEX ENERGY
2024REEVES FAMILY PROPERTIES LPCHESSER "12" #1,2PETROPLEX ENERGY
2024RAHUBA GILBERTCHESSER "12" #1,2PETROPLEX ENERGY
2024RAHUBA JUDY LCHESSER "12" #1,2PETROPLEX ENERGY
2024JONES RICHELLE LAMARCHESSER "12" #1,2PETROPLEX ENERGY
2024WHITTREDGE CHRISTI CHESSERCHESSER "12" #1,2PETROPLEX ENERGY
Displaying 8 of 24 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Chesser 12

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39552CHESSER "12"Aug 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jul 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jul 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jun 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jun 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"May 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Apr 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Mar 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Mar 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Feb 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Feb 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jan 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Jan 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Dec 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Dec 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Nov 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Nov 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Oct 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Sep 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39552CHESSER "12"Aug 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.