Oil & Gas Property in Midland County, TX
Key data points for Nichols
| County | Midland County, TX |
|---|---|
| Production Dates | Jan 1993 - Dec 2024 |
| Total Oil Production | 232,019 BBLs |
| Total Gas Production | 636,315 MCF |
| Recent Oil Production | 253 BBLs in Nov 2024 |
| Recent Gas Production | 0 MCF in Nov 2024 |
| Wells on Property | 7 |
Our Valuation Estimates for Nichols
ShaleAssessment™
$5,900 *
MarketMultiple™
$20,484 **
* 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 |
|---|---|---|---|---|
| Bend | Midland County, TX | 600 BBLs | 918 MCF | Dec 2024 |
| Caza Elkins | Midland County, TX | 291 BBLs | 989 MCF | Nov 2024 |
| Dameron | Midland County, TX | 13 BBLs | 120 MCF | Dec 2024 |
| Dunn | Midland County, TX | 128 BBLs | 218 MCF | Dec 2024 |
| Elkin-Nichols Unit | Midland County, TX | 0 BBLs | 0 MCF | Jun 2024 |
| Evangeline A | Midland County, TX | 167 BBLs | 296 MCF | Dec 2024 |
| Hooper 39 | Midland County, TX | 101 BBLs | 174 MCF | Dec 2024 |
| Logan | Midland County, TX | 35 BBLs | 168 MCF | Dec 2024 |
| Lucy | Midland County, TX | 2,466 BBLs | 3,784 MCF | Dec 2024 |
| Meissner | Midland County, TX | 0 BBLs | 0 MCF | May 2023 |
| Meissner-Raggett 37 | Midland County, TX | 143 BBLs | 1,406 MCF | Dec 2024 |
| My Truelove 38 | Midland County, TX | 854 BBLs | 1,146 MCF | Nov 2024 |
| Preston, Martha Jane | Midland County, TX | 575 BBLs | 558 MCF | Nov 2024 |
| Sandefur | Midland County, TX | 594 BBLs | 631 MCF | Dec 2024 |
| Smith | Midland County, TX | 0 BBLs | 0 MCF | May 2024 |
| Springer | Midland County, TX | 422 BBLs | 1,185 MCF | Dec 2024 |
| Stanley | Midland County, TX | 929 BBLs | 1,454 MCF | Dec 2024 |
| Staton | Midland County, TX | 84 BBLs | 0 MCF | Dec 2024 |
| Voliva | Midland County, TX | 0 BBLs | 0 MCF | Aug 2024 |
| Willow Lakes | Midland County, TX | 2 BBLs | 0 MCF | Dec 2024 |
These are the closest 20 companies operating near the Nichols property.