Driftwood W Unit

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Driftwood W Unit

CountyMartin County, TX
Production DatesOct 2023 - Aug 2024
Total Oil Production1,771,254 BBLs
Total Gas Production2,805,466 MCF
Recent Oil Production83,735 BBLs in Jul 2024
Recent Gas Production236,485 MCF in Jul 2024
Wells on Property13

Our Valuation Estimates for Driftwood W Unit

ShaleAssessment

Not Available

MarketMultiple

$21,106,388 **

* 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 Aug 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, TX230 BBLs0 MCFAug 2024
Bear Mountain 13-16eMartin County, TX870 BBLs1,075 MCFAug 2024
BenderMartin County, TX16,561 BBLs33,823 MCFAug 2024
Claire 252Martin County, TX15,700 BBLs49,298 MCFAug 2024
Finch 252Martin County, TX66,095 BBLs79,288 MCFSep 2024
HaleMartin County, TX548 BBLs816 MCFJul 2024
HallMartin County, TX0 BBLs0 MCFFeb 2024
Jamie SalinasMartin County, TX73,099 BBLs138,920 MCFSep 2024
LucasMartin County, TX1,819 BBLs1,596 MCFAug 2024
NimitzMartin County, TX22,064 BBLs42,510 MCFAug 2024
Phoenix Grayburg UnitMartin County, TX65 BBLs0 MCFAug 2024
StriplingMartin County, TX0 BBLs0 MCFJun 2023
SXSW E UnitMartin County, TX50,919 BBLs84,501 MCFAug 2024
SXSW W UnitMartin County, TX36,818 BBLs79,213 MCFAug 2024
ThomasMartin County, TX0 BBLs0 MCFJan 2024
Tiger Unit SN 245-252Martin County, TX18,446 BBLs113,275 MCFAug 2024
Truffle Shuffle 12-9Martin County, TX8,696 BBLs23,628 MCFAug 2024
Vernon 20Martin County, TX420 BBLs0 MCFAug 2024
Vernon 252Martin County, TX22,611 BBLs42,869 MCFAug 2024
WoodwardMartin County, TX9 BBLs0 MCFAug 2024

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.