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

$240 **

* 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, TX511 BBLs1,886 MCFSep 2024
DameronMidland County, TX105 BBLs176 MCFOct 2024
DunnMidland County, TX169 BBLs291 MCFOct 2024
ElkinMidland County, TX109,714 BBLs123,707 MCFOct 2024
Evangeline AMidland County, TX303 BBLs385 MCFOct 2024
Hooper 39Midland County, TX55 BBLs133 MCFOct 2024
LoganMidland County, TX7 BBLs62 MCFOct 2024
LucyMidland County, TX2,242 BBLs8,366 MCFOct 2024
Meissner-Raggett 37Midland County, TX18,302 BBLs97,714 MCFOct 2024
My Truelove 38Midland County, TX1,842 BBLs1,676 MCFOct 2024
Ne City 35Midland County, TX489,851 BBLs550,901 MCFOct 2024
NicholsMidland County, TX0 BBLs0 MCFOct 2024
PattonMidland County, TX13,032 BBLs33,447 MCFOct 2024
Preston, Martha JaneMidland County, TX663 BBLs440 MCFOct 2024
SandefurMidland County, TX589 BBLs705 MCFOct 2024
SmithMidland County, TX0 BBLs0 MCFMay 2024
SorgeMidland County, TX127 BBLs196 MCFOct 2024
StanleyMidland County, TX1,758 BBLs947 MCFOct 2024
VolivaMidland County, TX0 BBLs0 MCFAug 2024
Willow LakesMidland County, TX751 BBLs393 MCFOct 2024

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