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 - Nov 2024
Total Oil Production553,332 BBLs
Total Gas Production2,344,470 MCF
Recent Oil Production978 BBLs in Oct 2024
Recent Gas Production906 MCF in Oct 2024
Wells on Property3

Our Valuation Estimates for Martinsen Unit

ShaleAssessment™

$29,254 *

MarketMultiple™

$144,587 **

* 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 Nov 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, TX29,010 BBLs121,029 MCFNov 2024
BruciteLavaca County, TX4,993 BBLs8,306 MCFNov 2024
CoyoteLavaca County, TX2,998 BBLs7,623 MCFNov 2024
ErosLavaca County, TX6,661 BBLs11,044 MCFNov 2024
HeatwaveLavaca County, TX2,821 BBLs34,284 MCFNov 2024
Hinze UnitLavaca County, TX1,808 BBLs9,624 MCFNov 2024
JackalopeLavaca County, TX2,092 BBLs7,583 MCFNov 2024
Kosmo UnitLavaca County, TX258 BBLs221 MCFNov 2024
Leal UnitLavaca County, TX716 BBLs3,847 MCFNov 2024
Matias UnitLavaca County, TX839 BBLs2,175 MCFNov 2024
Mixon 1HLavaca County, TX1,466 BBLs4,967 MCFNov 2024
Netardus UnitLavaca County, TX825 BBLs3,486 MCFNov 2024
Othold-Martinsen (Sa) UnitLavaca County, TX895 BBLs6,095 MCFNov 2024
Porter UnitLavaca County, TX1,312 BBLs3,019 MCFNov 2024
RBK UnitLavaca County, TX1,737 BBLs4,127 MCFNov 2024
RheaLavaca County, TX5,695 BBLs13,058 MCFNov 2024
Sharktooth (Sa) UnitLavaca County, TX1,823 BBLs6,052 MCFNov 2024
Technik UnitLavaca County, TX420 BBLs1,767 MCFNov 2024
Werner 1HLavaca County, TX6,107 BBLs33,218 MCFNov 2024
Wild Hare UnitLavaca County, TX248 BBLs3,447 MCFNov 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
02-297739MARTINSEN 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.