Driftwood W Unit

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Driftwood W Unit Oil & Gas Property

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Property Summary

Key data points for Driftwood W Unit

CountyMartin County, TX
Production DatesOct 2023 - Sep 2024
Total Oil Production1,836,123 BBLs
Total Gas Production3,016,352 MCF
Recent Oil Production74,238 BBLs in Aug 2024
Recent Gas Production238,648 MCF in Aug 2024
Wells on Property13

Our Valuation Estimates for Driftwood W Unit

ShaleAssessment™

Not Available

MarketMultiple™

$17,475,092 **

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

Based on a decimal interest

Driftwood W Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Driftwood W Unit
from Oct 2023 to Sep 2024

Wells on Driftwood W Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-45074DRIFTWOOD W UNIT C 2LSOVINTIV USA INC.ProducingMartin County, TX32.411892-101.945124
42-317-45075DRIFTWOOD W UNIT C 2JMOVINTIV USA INC.Shut InMartin County, TX32.411893-101.945264
42-317-45076DRIFTWOOD W UNIT C 2WBPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.411878-101.945187
42-317-45077DRIFTWOOD W UNIT D 3LSOVINTIV USA INC.ProducingMartin County, TX32.411824-101.945438
42-317-45078DRIFTWOOD W UNIT D 3WAOVINTIV USA INC.Shut InMartin County, TX32.411851-101.945313
42-317-45079DRIFTWOOD W UNIT B 2WAOVINTIV USA INC.ProducingMartin County, TX32.413510-101.941554
42-317-45080DRIFTWOOD W UNIT D 2MSOVINTIV USA INC.Shut InMartin County, TX32.411812-101.945502
42-317-45081DRIFTWOOD W UNIT A 1JMOVINTIV USA INC.Shut InMartin County, TX32.413578-101.941240
42-317-45082DRIFTWOOD W UNIT D 3WBOVINTIV USA INC.Shut InMartin County, TX32.411838-101.945376
42-317-45083DRIFTWOOD W UNIT A 1WBOVINTIV USA INC.Shut InMartin County, TX32.413537-101.941428
42-317-45084DRIFTWOOD W UNIT A 1LSOVINTIV USA INC.Shut InMartin County, TX32.413551-101.941366
42-317-45085DRIFTWOOD W UNIT B 1MSOVINTIV USA INC.Shut InMartin County, TX32.413524-101.941491
42-317-45090DRIFTWOOD W UNIT A 1WAOVINTIV USA INC.ProducingMartin County, TX32.413564-101.941303

Leases included in Driftwood W Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-59484DRIFTWOOD W UNIT DOVINTIV USA INC.Martin County, TX
08-59598DRIFTWOOD W UNIT COVINTIV USA INC.Martin County, TX
08-60647DRIFTWOOD W UNIT BOVINTIV USA INC.Martin County, TX
08-60648DRIFTWOOD W UNIT AOVINTIV USA INC.Martin County, TX

Operators Associated With Driftwood W Unit

Nearby Properties

These are the closest 20 properties to the Driftwood W Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarronMartin County, TX242 BBLs0 MCFSep 2024
Bear Mountain 13-16eMartin County, TX910 BBLs897 MCFSep 2024
BenderMartin County, TX12,778 BBLs20,123 MCFSep 2024
Claire 252Martin County, TX18,084 BBLs55,848 MCFSep 2024
Finch 252Martin County, TX73,235 BBLs102,149 MCFSep 2024
HaleMartin County, TX0 BBLs0 MCFSep 2024
HallMartin County, TX0 BBLs0 MCFFeb 2024
Jamie SalinasMartin County, TX66,592 BBLs134,262 MCFSep 2024
LucasMartin County, TX1,451 BBLs1,425 MCFSep 2024
NimitzMartin County, TX19,946 BBLs40,663 MCFSep 2024
Phoenix Grayburg UnitMartin County, TX90 BBLs0 MCFSep 2024
StriplingMartin County, TX0 BBLs0 MCFJun 2023
SXSW E UnitMartin County, TX47,086 BBLs83,087 MCFSep 2024
SXSW W UnitMartin County, TX32,600 BBLs76,433 MCFSep 2024
ThomasMartin County, TX0 BBLs0 MCFJan 2024
Tiger Unit SN 245-252Martin County, TX13,857 BBLs102,320 MCFSep 2024
Truffle Shuffle 12-9Martin County, TX9,443 BBLs26,991 MCFSep 2024
Vernon 20Martin County, TX444 BBLs0 MCFSep 2024
Vernon 252Martin County, TX22,980 BBLs52,323 MCFSep 2024
WoodwardMartin County, TX5 BBLs0 MCFSep 2024

Companies in the Area

These are the closest 20 companies operating near the Driftwood W Unit property.

Company Name
Avra Oil Co
Beach Exploration, Inc.
Black Arrow Operating, LLC
Central Texas Operating, Inc.
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Extex Operating Company
Henry Petroleum Corp.
Hibernia Resources IV, LLC
Houston Oil & Minerals Corp.
Kindred Petroleum Company
Lario Oil & Gas Company
Legacy Reserves Operating LP
Nitro Oil & Gas, LLC
Ovintiv USA Inc.
Parsley Energy Operations, LLC
Petrolegacy Energy II, LLC
R K Petroleum Corp.
Triple "N" Services, Inc.

Owners of Driftwood W Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OVINTIV USA INCDRIFTWOOD W UNIT DOVINTIV USA
2024OVINTIV USA INCDRIFTWOOD W UNIT COVINTIV USA
2024BAUER ANELLA SLAUGHTER INT LTDDRIFTWOOD W UNIT DOVINTIV USA
2024ARROYO MINERALS LLCDRIFTWOOD W UNIT DOVINTIV USA
2024BAUER RICHARD S SEP PROPERTYDRIFTWOOD W UNIT DOVINTIV USA
2024LETCHER MINERALS LLCDRIFTWOOD W UNIT DOVINTIV USA
2024WOODWARD JOY ANNDRIFTWOOD W UNIT DOVINTIV USA
2024OVINTIV USA INCDRIFTWOOD W UNIT DOVINTIV USA
Displaying 8 of 392 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Driftwood W Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-60648DRIFTWOOD W UNIT AAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-60647DRIFTWOOD W UNIT BAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CJul 2024OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DJul 2024OVINTIV USA INC.
08-60648DRIFTWOOD W UNIT AJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-60648DRIFTWOOD W UNIT AJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-60647DRIFTWOOD W UNIT BJul 2024OVINTIV USA INC.
08-60647DRIFTWOOD W UNIT BJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-60647DRIFTWOOD W UNIT BJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-60648DRIFTWOOD W UNIT AJul 2024OVINTIV USA INC.
08-60647DRIFTWOOD W UNIT BJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-60648DRIFTWOOD W UNIT AJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-60648DRIFTWOOD W UNIT AJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CJun 2024OVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-60648DRIFTWOOD W UNIT AJun 2024OVINTIV USA INC.
08-60647DRIFTWOOD W UNIT BJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DJun 2024OVINTIV USA INC.OVINTIV USA INC.