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 - Sep 2024 |
| Total Oil Production | 587,561 BBLs |
| Total Gas Production | 484,904 MCF |
| Recent Oil Production | 1,582 BBLs in Aug 2024 |
| Recent Gas Production | 0 MCF in Aug 2024 |
| Wells on Property | 10 |
Our Valuation Estimates for Butchee 2
ShaleAssessment™
$130,778 *
MarketMultiple™
$251,169 **
* 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 | 38,203 BBLs | 73,421 MCF | Sep 2024 |
| Bond | Martin County, TX | 0 BBLs | 0 MCF | Sep 2024 |
| Cave | Martin County, TX | 577 BBLs | 449 MCF | Sep 2024 |
| Cook | Martin County, TX | 1,481 BBLs | 0 MCF | Sep 2024 |
| Dyer-Kilgore | Martin County, TX | 9,521 BBLs | 23,948 MCF | Sep 2024 |
| Gary Lamb 14 | Martin County, TX | 334 BBLs | 283 MCF | Sep 2024 |
| Green | Martin County, TX | 198 BBLs | 204 MCF | Sep 2024 |
| Gustav 25 | Martin County, TX | 512 BBLs | 786 MCF | Sep 2024 |
| Jeffcoat | Martin County, TX | 150 BBLs | 14 MCF | Sep 2024 |
| Lady Bird | Martin County, TX | 5,850 BBLs | 5,955 MCF | Sep 2024 |
| Langham | Martin County, TX | 0 BBLs | 0 MCF | Jan 2018 |
| Lonesome Dove | Martin County, TX | 296,846 BBLs | 248,315 MCF | Sep 2024 |
| Martin Betty | Martin County, TX | 219 BBLs | 0 MCF | Sep 2024 |
| Middleton | Martin County, TX | 124 BBLs | 0 MCF | Sep 2024 |
| Nichols | Martin County, TX | 232 BBLs | 0 MCF | Sep 2024 |
| Rufus | Martin County, TX | 1,605 BBLs | 81 MCF | Sep 2024 |
| Thirsty Goat | Martin County, TX | 15,478 BBLs | 29,411 MCF | Sep 2024 |
| Tomcat 23-24 | Martin County, TX | 100,911 BBLs | 150,565 MCF | Sep 2024 |
| Walker Unit 16-20 | Martin County, TX | 6,810 BBLs | 10,520 MCF | Sep 2024 |
| Webb Mary | Martin County, TX | 285 BBLs | 659 MCF | Sep 2024 |
These are the closest 20 companies operating near the Butchee 2 property.