Martinsen Unit

Oil & Gas Property in Lavaca County, TX

  2. Texas
  3. Lavaca County, TX
  4. Oil & Gas Properties in Lavaca County, TX
  5. Martinsen Unit Oil & Gas Property

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Property Summary

Key data points for Martinsen Unit

CountyLavaca County, TX
OperatorBAYTEX ENERGY USA, INC.
Production DatesMar 2013 - Aug 2024
Total Oil Production550,621 BBLs
Total Gas Production2,330,734 MCF
Recent Oil Production1,171 BBLs in Jul 2024
Recent Gas Production6,652 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for Martinsen Unit

ShaleAssessment™

$30,499 *

MarketMultiple™

$170,385 **

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

Based on a decimal interest

Martinsen Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martinsen Unit
from Mar 2013 to Aug 2024

Wells on Martinsen Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-285-33677MARTINSEN UNIT 1HBAYTEX ENERGY USA, INC.ProducingLavaca County, TX29.463613-97.154387
42-285-33767MARTINSEN UNIT 2HBAYTEX ENERGY USA, INC.ProducingLavaca County, TX29.463700-97.154340
42-285-33771MARTINSEN UNIT 3HBAYTEX ENERGY USA, INC.ProducingLavaca County, TX29.463669-97.154308

Leases included in Martinsen Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-10497MARTINSEN UNITBAYTEX ENERGY USA, INC.Lavaca County, TX
02-297739MARTINSEN UNIT 2HBAYTEX ENERGY USA, INC.Lavaca County, TX
02-297740MARTINSEN UNIT 3HBAYTEX ENERGY USA, INC.Lavaca County, TX
02-297741MARTINSEN UNIT 1HBAYTEX ENERGY USA, INC.Lavaca County, TX

Nearby Properties

These are the closest 20 properties to the Martinsen Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArrokothLavaca County, TX28,092 BBLs80,563 MCFSep 2024
BruciteLavaca County, TX5,400 BBLs9,161 MCFAug 2024
CoyoteLavaca County, TX2,720 BBLs8,263 MCFAug 2024
ErosLavaca County, TX8,320 BBLs11,992 MCFAug 2024
HeatwaveLavaca County, TX1,989 BBLs13,616 MCFAug 2024
Hinze UnitLavaca County, TX1,844 BBLs9,882 MCFAug 2024
JackalopeLavaca County, TX1,354 BBLs4,590 MCFAug 2024
Kosmo UnitLavaca County, TX200 BBLs416 MCFAug 2024
Leal UnitLavaca County, TX1,024 BBLs547 MCFAug 2024
Matias UnitLavaca County, TX651 BBLs2,474 MCFAug 2024
Mixon 1HLavaca County, TX766 BBLs1,232 MCFAug 2024
Netardus UnitLavaca County, TX814 BBLs5,053 MCFAug 2024
Othold-Martinsen (Sa) UnitLavaca County, TX1,081 BBLs4,287 MCFAug 2024
Porter UnitLavaca County, TX1,152 BBLs3,878 MCFAug 2024
RBK UnitLavaca County, TX1,890 BBLs5,978 MCFAug 2024
RheaLavaca County, TX7,074 BBLs16,162 MCFAug 2024
Sharktooth (Sa) UnitLavaca County, TX1,796 BBLs6,201 MCFAug 2024
Technik UnitLavaca County, TX488 BBLs3,599 MCFAug 2024
Werner 1HLavaca County, TX7,960 BBLs41,404 MCFAug 2024
Wild Hare UnitLavaca County, TX266 BBLs2,376 MCFAug 2024

Companies in the Area

These are the closest 11 companies operating near the Martinsen Unit property.

Company Name
Baytex Energy USA, Inc.
Devon Energy Production Company LP
EOG Resources Inc
Geosouthern Energy Corporation
Marathon Oil Ef LLC
Matrix Petroleum, LLC
Penn VIrginia Oil & Gas, L.P.
Rocky Creek Resources, LLC
Silverbow Resources Oper, LLC
SN Operating, LLC
Tidal Petroleum, Inc.

Owners of Martinsen Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BAYTEX ENERGY USA INCMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024HINZE ELLEN AMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024ROLLING F FARMS LTDMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024MALIK CAROLYNMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024BURLINGTON RESOURCES OIL & GASMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TARGAC JEANETTE MENDELMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024BOETHEL DAVID JOHNMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
Displaying 8 of 35 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Martinsen Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-10497MARTINSEN UNITJun 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITJun 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITJun 2024BAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITMay 2024BAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITMay 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITMay 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITApr 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITApr 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITApr 2024BAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITMar 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITMar 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITMar 2024BAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITFeb 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITFeb 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITFeb 2024BAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITJan 2024BAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITJan 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITJan 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITDec 2023TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITDec 2023BAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITDec 2023REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITNov 2023TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITNov 2023REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITNov 2023BAYTEX ENERGY USA, INC.
02-10497MARTINSEN UNITOct 2023TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.