Elkin-Nichols Unit

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Elkin-Nichols Unit

CountyMidland County, TX
Production DatesJan 1993 - Jun 2024
Total Oil Production81,041 BBLs
Total Gas Production281,039 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property1

Our Valuation Estimates for Elkin-Nichols Unit

ShaleAssessment

$635 *

MarketMultiple

$106 **

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

Based on a decimal interest

Elkin-Nichols Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Elkin-Nichols Unit
from Jan 1993 to Jun 2024

Wells on Elkin-Nichols Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-32007ELKIN NICHOLS UNIT 1 1BLACK ARROW OPERATING, LLCProducingMidland County, TX32.036178-101.993256

Leases included in Elkin-Nichols Unit

Lease #Lease NameOperatorCounty
08-32030ELKIN-NICHOLS UNIT 1DAVIS & CARR ENERGY CO.Midland County, TX
08-32305ELKIN-NICHOLS UNIT 2DAVIS & CARR ENERGY CO.Midland County, TX
08-32563ELKIN-NICHOLS UNIT2TURQUOISE BAY CORPORATIONMidland County, TX
08-33427ELKIN NICHOLS UNIT 1BLACK ARROW OPERATING, LLCMidland County, TX

Nearby Properties

These are the closest 20 properties to the Elkin-Nichols Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Caza ElkinsMidland County, TX34 BBLs33 MCFJan 2025
DameronMidland County, TX2 BBLs0 MCFJan 2025
DunnMidland County, TX522 BBLs570 MCFJan 2025
ElkinMidland County, TX159,213 BBLs162,393 MCFJan 2025
Evangeline AMidland County, TX161 BBLs291 MCFJan 2025
Hooper 39Midland County, TX1 BBLs0 MCFDec 2024
LoganMidland County, TX95 BBLs137 MCFJan 2025
LucyMidland County, TX2,294 BBLs3,857 MCFJan 2025
MeissnerMidland County, TX0 BBLs0 MCFMay 2023
Meissner-Raggett 37Midland County, TX65,172 BBLs70,215 MCFJan 2025
My Truelove 38Midland County, TX0 BBLs0 MCFJan 2025
Ne City 35Midland County, TX206,988 BBLs415,430 MCFJan 2025
NicholsMidland County, TX267 BBLs0 MCFDec 2024
PattonMidland County, TX0 BBLs0 MCFJan 2025
SandefurMidland County, TX640 BBLs678 MCFJan 2025
SmithMidland County, TX0 BBLs0 MCFMay 2024
SorgeMidland County, TX131 BBLs207 MCFDec 2024
StanleyMidland County, TX332 BBLs1,139 MCFJan 2025
VolivaMidland County, TX0 BBLs0 MCFAug 2024
Willow LakesMidland County, TX5 BBLs3 MCFJan 2025

Owners of Elkin-Nichols Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BLACK ARROW OPERATING LLCELKIN NICHOLS UNIT 1BLACK ARROW OPERATIN

Oil & Gas Sales on Elkin-Nichols Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-33427ELKIN NICHOLS UNIT 1May 2019PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Mar 2019PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Dec 2018PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Dec 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Nov 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Oct 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Sep 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Sep 2018PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Apr 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Mar 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Feb 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Jan 2018ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Dec 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Nov 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Oct 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Sep 2017PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Sep 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Aug 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCLARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Jul 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1Jun 2017PLAINS MARKETING, L.P.LARIO OIL & GAS COMPANY
08-33427ELKIN NICHOLS UNIT 1Jun 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1May 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1Apr 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1Mar 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC
08-33427ELKIN NICHOLS UNIT 1Feb 2017ENTERPRISE MIDLAND BASIN MIDSTREAM LLCTRAIL RIDGE ENERGY PARTNERS II LLC