Oil & Gas Property in Martin County, TX
Key data points for Butchee 2
| County | Martin County, TX |
|---|---|
| Operator | OVINTIV USA INC. |
| Production Dates | Dec 2008 - Nov 2024 |
| Total Oil Production | 589,098 BBLs |
| Total Gas Production | 487,090 MCF |
| Recent Oil Production | 1,024 BBLs in Oct 2024 |
| Recent Gas Production | 450 MCF in Oct 2024 |
| Wells on Property | 10 |
Our Valuation Estimates for Butchee 2
ShaleAssessment™
$127,234 *
MarketMultiple™
$227,647 **
* 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 Butchee 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Blackgoldeneye 13-1 | Martin County, TX | 33,698 BBLs | 70,650 MCF | Nov 2024 |
| Bond | Martin County, TX | 119 BBLs | 102 MCF | Nov 2024 |
| Cave | Martin County, TX | 570 BBLs | 459 MCF | Nov 2024 |
| Cook | Martin County, TX | 782 BBLs | 635 MCF | Nov 2024 |
| Dyer-Kilgore | Martin County, TX | 11,644 BBLs | 27,374 MCF | Nov 2024 |
| Gary Lamb 14 | Martin County, TX | 0 BBLs | 0 MCF | Sep 2024 |
| Green | Martin County, TX | 99 BBLs | 0 MCF | Nov 2024 |
| Gustav 25 | Martin County, TX | 620 BBLs | 734 MCF | Nov 2024 |
| Jeffcoat | Martin County, TX | 44 BBLs | 50 MCF | Nov 2024 |
| Lady Bird | Martin County, TX | 12,212 BBLs | 9,067 MCF | Nov 2024 |
| Langham | Martin County, TX | 0 BBLs | 0 MCF | Jan 2018 |
| Lonesome Dove | Martin County, TX | 133,442 BBLs | 276,357 MCF | Nov 2024 |
| Martin Betty | Martin County, TX | 178 BBLs | 0 MCF | Nov 2024 |
| Middleton | Martin County, TX | 111 BBLs | 0 MCF | Nov 2024 |
| Nichols | Martin County, TX | 35 BBLs | 0 MCF | Nov 2024 |
| Rufus | Martin County, TX | 1,221 BBLs | 1,370 MCF | Nov 2024 |
| Thirsty Goat | Martin County, TX | 14,171 BBLs | 25,450 MCF | Nov 2024 |
| Tomcat 23-24 | Martin County, TX | 66,031 BBLs | 104,130 MCF | Nov 2024 |
| Walker Unit 16-20 | Martin County, TX | 6,022 BBLs | 16,398 MCF | Nov 2024 |
| Webb Mary | Martin County, TX | 265 BBLs | 667 MCF | Nov 2024 |
These are the closest 20 companies operating near the Butchee 2 property.