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 - Dec 2024 |
| Total Oil Production | 589,876 BBLs |
| Total Gas Production | 488,625 MCF |
| Recent Oil Production | 513 BBLs in Nov 2024 |
| Recent Gas Production | 1,720 MCF in Nov 2024 |
| Wells on Property | 10 |
Our Valuation Estimates for Butchee 2
ShaleAssessment™
$125,434 *
MarketMultiple™
$209,899 **
* 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 | 30,623 BBLs | 71,054 MCF | Dec 2024 |
| Bond | Martin County, TX | 62 BBLs | 87 MCF | Dec 2024 |
| Cave | Martin County, TX | 488 BBLs | 476 MCF | Dec 2024 |
| Cook | Martin County, TX | 709 BBLs | 7,936 MCF | Dec 2024 |
| Dyer-Kilgore | Martin County, TX | 10,928 BBLs | 25,556 MCF | Dec 2024 |
| Gary Lamb 14 | Martin County, TX | 0 BBLs | 0 MCF | Sep 2024 |
| Green | Martin County, TX | 100 BBLs | 29 MCF | Dec 2024 |
| Gustav 25 | Martin County, TX | 514 BBLs | 790 MCF | Dec 2024 |
| Jeffcoat | Martin County, TX | 58 BBLs | 49 MCF | Dec 2024 |
| Lady Bird | Martin County, TX | 117,098 BBLs | 82,158 MCF | Dec 2024 |
| Langham | Martin County, TX | 0 BBLs | 0 MCF | Jan 2018 |
| Lonesome Dove | Martin County, TX | 134,567 BBLs | 286,480 MCF | Dec 2024 |
| Martin Betty | Martin County, TX | 175 BBLs | 300 MCF | Dec 2024 |
| Middleton | Martin County, TX | 107 BBLs | 0 MCF | Dec 2024 |
| Nichols | Martin County, TX | 77 BBLs | 0 MCF | Dec 2024 |
| Rufus | Martin County, TX | 1,471 BBLs | 1,192 MCF | Dec 2024 |
| Thirsty Goat | Martin County, TX | 11,772 BBLs | 25,568 MCF | Dec 2024 |
| Tomcat 23-24 | Martin County, TX | 65,069 BBLs | 116,052 MCF | Dec 2024 |
| Walker Unit 16-20 | Martin County, TX | 5,798 BBLs | 14,042 MCF | Dec 2024 |
| Webb Mary | Martin County, TX | 247 BBLs | 609 MCF | Dec 2024 |
These are the closest 20 companies operating near the Butchee 2 property.