Butchee 2

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Butchee 2

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesDec 2008 - Aug 2024
Total Oil Production586,131 BBLs
Total Gas Production484,904 MCF
Recent Oil Production1,767 BBLs in Jul 2024
Recent Gas Production0 MCF in Jul 2024
Wells on Property10

Our Valuation Estimates for Butchee 2

ShaleAssessment

$132,522 *

MarketMultiple

$260,683 **

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

Based on a decimal interest

Butchee 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Butchee 2
from Dec 2008 to Aug 2024

Wells on Butchee 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-35329BUTCHEE 21 1OVINTIV USA INC.ProducingMartin County, TX32.481885-101.816263
42-317-35382BUTCHEE 22A 1OVINTIV USA INC.ProducingMartin County, TX32.485494-101.799672
42-317-35577BUTCHEE 22B 4OVINTIV USA INC.ProducingMartin County, TX32.476602-101.805675
42-317-36088BUTCHEE 21 2OVINTIV USA INC.ProducingMartin County, TX32.480084-101.824547
42-317-36556BUTCHEE 21 3OVINTIV USA INC.ProducingMartin County, TX32.479301-101.810984
42-317-36685BUTCHEE 21 5OVINTIV USA INC.ProducingMartin County, TX32.477488-101.819285
42-317-37341BUTCHEE 21 6OVINTIV USA INC.ProducingMartin County, TX32.480990-101.820402
42-317-37960BUTCHEE 21 8OVINTIV USA INC.ProducingMartin County, TX32.483312-101.812280
42-317-38161BUTCHEE 21 4OVINTIV USA INC.ProducingMartin County, TX32.476583-101.823429
42-317-38657BUTCHEE 21 7OVINTIV USA INC.ProducingMartin County, TX32.478394-101.815129

Leases included in Butchee 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-39147BUTCHEE "21"OVINTIV USA INC.Martin County, TX
08-39275BUTCHEE "22A"OVINTIV USA INC.Martin County, TX
08-41154BUTCHEE "22B"OVINTIV USA INC.Martin County, TX
08-42113BUTCHEE "21"OVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Butchee 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Blackgoldeneye 13-1Martin County, TX43,295 BBLs77,270 MCFAug 2024
BondMartin County, TX0 BBLs0 MCFJun 2024
CaveMartin County, TX593 BBLs415 MCFAug 2024
CookMartin County, TX1,652 BBLs0 MCFAug 2024
Dyer-KilgoreMartin County, TX8,703 BBLs22,926 MCFAug 2024
Gary Lamb 14Martin County, TX383 BBLs252 MCFAug 2024
GreenMartin County, TX176 BBLs331 MCFAug 2024
Gustav 25Martin County, TX633 BBLs937 MCFAug 2024
JeffcoatMartin County, TX0 BBLs0 MCFAug 2024
Lady BirdMartin County, TX5,064 BBLs5,180 MCFAug 2024
LanghamMartin County, TX0 BBLs0 MCFJan 2018
Lonesome DoveMartin County, TX84,749 BBLs53,813 MCFSep 2024
Martin BettyMartin County, TX217 BBLs0 MCFAug 2024
MiddletonMartin County, TX109 BBLs0 MCFAug 2024
NicholsMartin County, TX281 BBLs0 MCFAug 2024
RufusMartin County, TX2,016 BBLs0 MCFAug 2024
Thirsty GoatMartin County, TX14,761 BBLs25,528 MCFAug 2024
Tomcat 23-24Martin County, TX139,090 BBLs167,864 MCFAug 2024
Walker Unit 16-20Martin County, TX4,291 BBLs5,423 MCFAug 2024
Webb MaryMartin County, TX298 BBLs594 MCFAug 2024

Owners of Butchee 2

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OVINTIV USA INCBUTCHEE "21"OVINTIV USA INC
2024OVINTIV USA INCBUTCHEE "21"OVINTIV USA INC
2024BUTCHEE BONNIE MAE ESTATEBUTCHEE "21"OVINTIV USA INC
2024BUTCHEE BONNIE MAE ESTATEBUTCHEE "21"OVINTIV USA INC
2024BUTCHEE J G ETATEBUTCHEE "21"OVINTIV USA INC
2024BUTCHEE J G ETATEBUTCHEE "21"OVINTIV USA INC
2024BELVEDERE OPERATING LLCBUTCHEE "21"OVINTIV USA INC
2024BELVEDERE OPERATING LLCBUTCHEE "21"OVINTIV USA INC
Displaying 8 of 42 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Butchee 2

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39147BUTCHEE "21"Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-39275BUTCHEE "22A"Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-41154BUTCHEE "22B"Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-42113BUTCHEE "21"Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-39147BUTCHEE "21"Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-39275BUTCHEE "22A"Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-41154BUTCHEE "22B"Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-42113BUTCHEE "21"Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-39147BUTCHEE "21"Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-39275BUTCHEE "22A"Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-41154BUTCHEE "22B"Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-42113BUTCHEE "21"Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-39147BUTCHEE "21"May 2024OVINTIV USA INC.OVINTIV USA INC.
08-39275BUTCHEE "22A"May 2024OVINTIV USA INC.OVINTIV USA INC.
08-41154BUTCHEE "22B"May 2024OVINTIV USA INC.OVINTIV USA INC.
08-42113BUTCHEE "21"May 2024OVINTIV USA INC.OVINTIV USA INC.
08-39147BUTCHEE "21"Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-39147BUTCHEE "21"Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-39275BUTCHEE "22A"Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-41154BUTCHEE "22B"Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-42113BUTCHEE "21"Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-39147BUTCHEE "21"Mar 2024OVINTIV USA INC.OVINTIV USA INC.
08-39275BUTCHEE "22A"Mar 2024OVINTIV USA INC.OVINTIV USA INC.
08-41154BUTCHEE "22B"Mar 2024OVINTIV USA INC.OVINTIV USA INC.
08-42113BUTCHEE "21"Mar 2024OVINTIV USA INC.OVINTIV USA INC.