Labus Pittman Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Labus Pittman Unit

CountyKarnes County, TX
OperatorMARATHON OIL EF LLC
Production DatesJan 2016 - Sep 2024
Total Oil Production2,035,824 BBLs
Total Gas Production3,107,966 MCF
Recent Oil Production3,913 BBLs in Aug 2024
Recent Gas Production6,415 MCF in Aug 2024
Wells on Property8

Our Valuation Estimates for Labus Pittman Unit

ShaleAssessment

$161,801 *

MarketMultiple

$707,998 **

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

Based on a decimal interest

Labus Pittman Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Labus Pittman Unit
from Jan 2016 to Sep 2024

Wells on Labus Pittman Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-34637LABUS PITTMAN UNIT 502HMARATHON OIL EF LLCProducingKarnes County, TX28.902462-98.011816
42-255-34638LABUS PITTMAN UNIT 1HMARATHON OIL EF LLCProducingKarnes County, TX28.902462-98.012099
42-255-34639LABUS PITTMAN UNIT 501HMARATHON OIL EF LLCProducingKarnes County, TX28.902462-98.012004
42-255-34640LABUS PITTMAN UNIT 2HMARATHON OIL EF LLCProducingKarnes County, TX28.902462-98.011910
42-255-35266LABUS PITTMAN UNIT 3HMARATHON OIL EF LLCProducingKarnes County, TX28.889622-98.011339
42-255-35267LABUS PITTMAN UNIT 4HMARATHON OIL EF LLCProducingKarnes County, TX28.889561-98.011272
42-255-35268LABUS PITTMAN UNIT 5HMARATHON OIL EF LLCProducingKarnes County, TX28.889503-98.011206
42-255-35368LABUS PITTMAN UNIT 6HMARATHON OIL EF LLCProducingKarnes County, TX28.899971-98.005515

Leases included in Labus Pittman Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-11138LABUS PITTMAN UNITMARATHON OIL EF LLCKarnes County, TX

Nearby Properties

These are the closest 20 properties to the Labus Pittman Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ChallengerKarnes County, TX35,981 BBLs81,630 MCFSep 2024
Charlotte UnitKarnes County, TX9,985 BBLs39,677 MCFSep 2024
F.Janysek-M.Hons-S.McFarland SaKarnes County, TX693 BBLs156 MCFSep 2024
FertschKarnes County, TX212 BBLs0 MCFSep 2024
Forister 541Karnes County, TX21,246 BBLs34,456 MCFSep 2024
Forister-Janysek UnitKarnes County, TX5,684 BBLs7,305 MCFSep 2024
Hysaw-HobsonKarnes County, TX0 BBLs0 MCFJun 2024
Martinez HenkeKarnes County, TX2,500 BBLs3,087 MCFSep 2024
Martinez UnitKarnes County, TX1,737 BBLs348 MCFSep 2024
Maurer BooneKarnes County, TX98 BBLs0 MCFSep 2024
Maurer-McFarland UnitKarnes County, TX10,463 BBLs28,374 MCFSep 2024
Maurer-Swize McFarland SaKarnes County, TX1,542 BBLs3,691 MCFSep 2024
Medina-HoffmanKarnes County, TX10,280 BBLs14,456 MCFSep 2024
Mohr-Hons Medina-Hoffman SaKarnes County, TX3,011 BBLs4,656 MCFSep 2024
Mohr-Hons UnitKarnes County, TX10,964 BBLs12,950 MCFSep 2024
Mohr-Moczygemba UnitKarnes County, TX2,307 BBLs1,334 MCFSep 2024
RzeppaKarnes County, TX0 BBLs0 MCFJul 2024
S.McFarland-Challenger C SaKarnes County, TX859 BBLs199 MCFSep 2024
Swize McFarland UnitKarnes County, TX7,774 BBLs15,519 MCFSep 2024
TMK UnitKarnes County, TX36,204 BBLs145,562 MCFSep 2024

Owners of Labus Pittman Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MARATHON OIL EF LLCLABUS PITTMAN W1H-6H,501H-502HMARATHON OIL EF LLC
2024LAKE CHRISTOPER W GST TRUSTLABUS PITTMAN W1H-6H,501H-502HMARATHON OIL EF LLC
2024MINES LISA JEANINLABUS PITTMAN W1H-6H,501H-502HMARATHON OIL EF LLC
2024PITTMAN CARRIE CLABUS PITTMAN W1H-6H,501H-502HMARATHON OIL EF LLC
2024PITTMAN DARRELL MARKLABUS PITTMAN W1H-6H,501H-502HMARATHON OIL EF LLC
2024PITTMAN WESTIN CLAYLABUS PITTMAN W1H-6H,501H-502HMARATHON OIL EF LLC
2024SHANNON JERRILYN GAYELABUS PITTMAN W1H-6H,501H-502HMARATHON OIL EF LLC
2024LABUS MARKLABUS PITTMAN W1H-6H,501H-502HMARATHON OIL EF LLC
Displaying 8 of 17 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Labus Pittman Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-11138LABUS PITTMAN UNITAug 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJul 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJul 2024MARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJul 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJul 2024DCP OPERATING COMPANY, LPMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJul 2024TARGA MIDSTREAM SERVICES LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJul 2024ENERFIN AGUA DULCE LPMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJun 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJun 2024MARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJun 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJun 2024DCP OPERATING COMPANY, LPMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJun 2024TARGA MIDSTREAM SERVICES LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITJun 2024ENERFIN AGUA DULCE LPMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITMay 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITMay 2024MARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITMay 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITMay 2024DCP OPERATING COMPANY, LPMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITMay 2024TARGA MIDSTREAM SERVICES LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITMay 2024ENERFIN AGUA DULCE LPMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITApr 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITApr 2024MARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITApr 2024MARATHON OIL EF LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITApr 2024DCP OPERATING COMPANY, LPMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITApr 2024TARGA MIDSTREAM SERVICES LLCMARATHON OIL EF LLC
02-11138LABUS PITTMAN UNITApr 2024ENERFIN AGUA DULCE LPMARATHON OIL EF LLC