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 - Oct 2024 |
| Total Oil Production | 588,585 BBLs |
| Total Gas Production | 485,370 MCF |
| Recent Oil Production | 1,430 BBLs in Sep 2024 |
| Recent Gas Production | 0 MCF in Sep 2024 |
| Wells on Property | 10 |
Our Valuation Estimates for Butchee 2
ShaleAssessment™
$129,027 *
MarketMultiple™
$235,768 **
* 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 | 32,480 BBLs | 65,784 MCF | Oct 2024 |
| Bond | Martin County, TX | 114 BBLs | 8 MCF | Oct 2024 |
| Cave | Martin County, TX | 283 BBLs | 468 MCF | Oct 2024 |
| Cook | Martin County, TX | 1,221 BBLs | 0 MCF | Oct 2024 |
| Durward 25 | Martin County, TX | 297 BBLs | 280 MCF | Oct 2024 |
| Dyer-Kilgore | Martin County, TX | 10,752 BBLs | 25,424 MCF | Oct 2024 |
| Gary Lamb 14 | Martin County, TX | 272 BBLs | 287 MCF | Sep 2024 |
| Green | Martin County, TX | 205 BBLs | 174 MCF | Oct 2024 |
| Gustav 25 | Martin County, TX | 373 BBLs | 581 MCF | Oct 2024 |
| Jeffcoat | Martin County, TX | 87 BBLs | 45 MCF | Oct 2024 |
| Lady Bird | Martin County, TX | 0 BBLs | 0 MCF | Oct 2024 |
| Langham | Martin County, TX | 0 BBLs | 0 MCF | Jan 2018 |
| Martin Betty | Martin County, TX | 174 BBLs | 0 MCF | Oct 2024 |
| Middleton | Martin County, TX | 97 BBLs | 0 MCF | Oct 2024 |
| Nichols | Martin County, TX | 153 BBLs | 0 MCF | Oct 2024 |
| Rufus | Martin County, TX | 1,552 BBLs | 628 MCF | Oct 2024 |
| Thirsty Goat | Martin County, TX | 13,271 BBLs | 26,438 MCF | Oct 2024 |
| Tomcat 23-24 | Martin County, TX | 78,498 BBLs | 125,940 MCF | Oct 2024 |
| Walker Unit 16-20 | Martin County, TX | 6,199 BBLs | 14,400 MCF | Oct 2024 |
| Webb Mary | Martin County, TX | 278 BBLs | 632 MCF | Oct 2024 |
These are the closest 20 companies operating near the Butchee 2 property.