Martinsen Unit

Oil & Gas Property in Lavaca County, TX

Property Summary

Key data points for Martinsen Unit

CountyLavaca County, TX
OperatorBAYTEX ENERGY USA, INC.
Production DatesMar 2013 - Dec 2024
Total Oil Production553,993 BBLs
Total Gas Production2,351,529 MCF
Recent Oil Production766 BBLs in Nov 2024
Recent Gas Production5,868 MCF in Nov 2024
Wells on Property3

Our Valuation Estimates for Martinsen Unit

ShaleAssessment

$28,815 *

MarketMultiple

$133,011 **

* 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 Dec 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, TX24,265 BBLs104,167 MCFDec 2024
BruciteLavaca County, TX4,745 BBLs7,318 MCFDec 2024
CoyoteLavaca County, TX2,554 BBLs7,324 MCFDec 2024
ErosLavaca County, TX6,146 BBLs9,191 MCFDec 2024
HeatwaveLavaca County, TX2,578 BBLs30,715 MCFDec 2024
Hinze UnitLavaca County, TX1,711 BBLs5,723 MCFDec 2024
JackalopeLavaca County, TX1,867 BBLs4,421 MCFDec 2024
Kosmo UnitLavaca County, TX179 BBLs98 MCFDec 2024
Leal UnitLavaca County, TX571 BBLs580 MCFDec 2024
Matias UnitLavaca County, TX608 BBLs1,816 MCFDec 2024
Mixon 1HLavaca County, TX573 BBLs2,558 MCFDec 2024
Netardus UnitLavaca County, TX669 BBLs3,195 MCFDec 2024
Othold-Martinsen (Sa) UnitLavaca County, TX798 BBLs5,491 MCFDec 2024
Porter UnitLavaca County, TX1,181 BBLs3,505 MCFDec 2024
RBK UnitLavaca County, TX1,497 BBLs3,788 MCFDec 2024
RheaLavaca County, TX4,778 BBLs11,872 MCFDec 2024
Sharktooth (Sa) UnitLavaca County, TX1,714 BBLs5,348 MCFDec 2024
Technik UnitLavaca County, TX255 BBLs1,424 MCFDec 2024
Werner 1HLavaca County, TX5,968 BBLs32,817 MCFDec 2024
Wild Hare UnitLavaca County, TX227 BBLs3,455 MCFDec 2024

Frac'ing activity on Martinsen Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-285-33677Martinsen Unit #1H
42-285-33767Martinsen 2H
42-285-33771Martinsen 3H

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
2024BAYTEX ENERGY USA INCMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024BAYTEX ENERGY USA INCMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024BAYTEX ENERGY USA INCMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
Displaying 8 of 140 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
02-297739MARTINSEN UNIT 2HOct 2024BAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HOct 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HOct 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297740MARTINSEN UNIT 3HOct 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HOct 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HOct 2024BAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HOct 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HSep 2024BAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HSep 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297740MARTINSEN UNIT 3HSep 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HSep 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HSep 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HSep 2024BAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HSep 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HAug 2024BAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HAug 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HAug 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HAug 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HAug 2024BAYTEX ENERGY USA, INC.
02-297740MARTINSEN UNIT 3HAug 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HAug 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HJul 2024BAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HJul 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HJul 2024BAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HJul 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.