Nichols McTee Unit 1

Oil & Gas Property in McMullen County, TX

Property Summary

Key data points for Nichols McTee Unit 1

CountyMcMullen County, TX
OperatorBPX OPERATING COMPANY
Production DatesJun 2013 - Oct 2024
Total Oil Production67,538 BBLs
Total Gas Production2,151,817 MCF
Recent Oil Production39 BBLs in Sep 2024
Recent Gas Production1,299 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Nichols McTee Unit 1

ShaleAssessment

$18,640 *

MarketMultiple

$16,696 **

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

Based on a decimal interest

Nichols McTee Unit 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Nichols McTee Unit 1
from Jun 2013 to Oct 2024

Wells on Nichols McTee Unit 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-311-35226NICHOLS MCTEE UNIT 1 1HBPX OPERATING COMPANYProducingMcMullen County, TX28.351519-98.554009
42-311-35412NICHOLS MCTEE UNIT 1 3HBPX OPERATING COMPANYProducingMcMullen County, TX28.351382-98.557264

Leases included in Nichols McTee Unit 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
01-272275NICHOLS MCTEE UNIT 1 1HBPX OPERATING COMPANYMcMullen County, TX
01-274702NICHOLS MCTEE UNIT 1 3HBPX OPERATING COMPANYMcMullen County, TX

Nearby Properties

These are the closest 20 properties to the Nichols McTee Unit 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anthony Forest ProductsMcMullen County, TX662 BBLs24,618 MCFOct 2024
Donnell-Mulholland UnitMcMullen County, TX385 BBLs2,001 MCFOct 2024
EdwardsMcMullen County, TX10,565 BBLs95,656 MCFOct 2024
Forrest WheelerMcMullen County, TX39,477 BBLs296,316 MCFOct 2024
FranklinMcMullen County, TX784 BBLs9,492 MCFOct 2024
Gladys WheelerMcMullen County, TX3,550 BBLs18,755 MCFOct 2024
Gladys WheelerMcMullen County, TX407 BBLs5,625 MCFOct 2024
K. R. BrackenMcMullen County, TX77 BBLs1,221 MCFOct 2024
Karen WheelerMcMullen County, TX481 BBLs5,886 MCFOct 2024
LoweMcMullen County, TX24,287 BBLs444,054 MCFOct 2024
NicholsMcMullen County, TX512 BBLs5,148 MCFOct 2024
Nichols State UnitMcMullen County, TX262 BBLs1,434 MCFOct 2024
Q-JCB-AMcMullen County, TX0 BBLs0 MCFApr 2024
R. A. BrackenMcMullen County, TX482 BBLs1,230 MCFOct 2024
SBR 1McMullen County, TX281 BBLs19,774 MCFOct 2024
SBR 5McMullen County, TX28 BBLs1,637 MCFOct 2024
SBR BMcMullen County, TX9 BBLs321 MCFOct 2024
Virginia FeeMcMullen County, TX0 BBLs10,920 MCFOct 2024
Wheeler MMcMullen County, TX135 BBLs2,889 MCFOct 2024
WhitehurstMcMullen County, TX528 BBLs23,481 MCFOct 2024

Owners of Nichols McTee Unit 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BPX OPERATING COMPANYNICHOLS MCTEE UNIT 1 01HBPX OPERATING
2024BPX OPERATING COMPANYNICHOLS MCTEE UNIT 1 03HBPX OPERATING
2024WHEELER MARY FAMILY LPNICHOLS MCTEE UNIT 1 03HBPX OPERATING
2024MCTEE L7 RANCH LTDNICHOLS MCTEE UNIT 1 03HBPX OPERATING
2024MCTEE L7 RANCH LTDNICHOLS MCTEE UNIT 1 01HBPX OPERATING
2024WHEELER MARY FAMILY LPNICHOLS MCTEE UNIT 1 01HBPX OPERATING
2024LYON TERESANICHOLS MCTEE UNIT 1 03HBPX OPERATING
2024LYON TERESANICHOLS MCTEE UNIT 1 01HBPX OPERATING
Displaying 8 of 40 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Nichols McTee Unit 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-274702NICHOLS MCTEE UNIT 1 3HSep 2024BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HSep 2024BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HSep 2024BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HSep 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HSep 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HSep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HAug 2024BPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HAug 2024BPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HAug 2024BPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HAug 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HAug 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HAug 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HAug 2024BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HAug 2024BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HAug 2024BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HAug 2024BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HAug 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HAug 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HAug 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
01-274702NICHOLS MCTEE UNIT 1 3HAug 2024BPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HJul 2024BPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HJul 2024BPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HJul 2024BPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HJul 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
01-272275NICHOLS MCTEE UNIT 1 1HJul 2024BPX OPERATING COMPANYBPX OPERATING COMPANY