Loftin 7

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Loftin 7

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesNov 2012 - Nov 2024
Total Oil Production120,604 BBLs
Total Gas Production173,701 MCF
Recent Oil Production611 BBLs in Oct 2024
Recent Gas Production654 MCF in Oct 2024
Wells on Property2

Our Valuation Estimates for Loftin 7

ShaleAssessment

$18,325 *

MarketMultiple

$32,718 **

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

Based on a decimal interest

Loftin 7 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Loftin 7
from Nov 2012 to Nov 2024

Wells on Loftin 7

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-37992LOFTIN 7 2OVINTIV USA INC.ProducingMartin County, TX32.494487-102.026490
42-317-38088LOFTIN 7 1OVINTIV USA INC.ProducingMartin County, TX32.491199-102.025491

Leases included in Loftin 7

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-43393LOFTIN 7OVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Loftin 7 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Acl UnitMartin County, TX29,043 BBLs52,158 MCFNov 2024
Ash 253Martin County, TX324 BBLs130 MCFNov 2024
Charlie 6Martin County, TX320 BBLs0 MCFNov 2024
DeatherageMartin County, TX315 BBLs306 MCFNov 2024
Duffman 253Martin County, TX47,452 BBLs64,769 MCFNov 2024
Freeman 22Martin County, TX472 BBLs653 MCFNov 2024
HightowerMartin County, TX587 BBLs822 MCFNov 2024
IntegrityMartin County, TX3,947 BBLs4,498 MCFNov 2024
JohnsonMartin County, TX0 BBLs0 MCFJan 2024
McCloskey 42Martin County, TX622 BBLs99 MCFNov 2024
MimmsMartin County, TX398 BBLs293 MCFNov 2024
PetersMartin County, TX713 BBLs32 MCFNov 2024
Phillips 16Martin County, TX275 BBLs778 MCFNov 2024
Robason 18Martin County, TX346 BBLs199 MCFNov 2024
SnellMartin County, TX444 BBLs26 MCFNov 2024
Topeak 12Martin County, TX337 BBLs674 MCFNov 2024
VoglerMartin County, TX1,651 BBLs4,223 MCFNov 2024
WadeMartin County, TX99 BBLs3 MCFNov 2024
Wade EstateMartin County, TX1,062 BBLs1,086 MCFNov 2024
Williams 6Martin County, TX396 BBLs248 MCFNov 2024

Owners of Loftin 7

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OVINTIV USA INCLOFTIN 7OVINTIV USA INC
2024PHILLIPS ELNORALOFTIN 7OVINTIV USA INC
2024OGX MINERALS LPLOFTIN 7OVINTIV USA INC
2024OVINTIV USA INCLOFTIN 7OVINTIV USA INC
2024SANTA ELENA MINERALS IV LPLOFTIN 7OVINTIV USA INC
2024WIGGINS CHARLES RLOFTIN 7OVINTIV USA INC
2024ROBASON LAURALOFTIN 7OVINTIV USA INC
2024MITCHELL JERRYLOFTIN 7OVINTIV USA INC
Displaying 8 of 35 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Loftin 7

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-43393LOFTIN 7Oct 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7Sep 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7May 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7Mar 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7Feb 2024OVINTIV USA INC.OVINTIV USA INC.
08-43393LOFTIN 7Jan 2024DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-43393LOFTIN 7Dec 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-43393LOFTIN 7Dec 2023DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-43393LOFTIN 7Nov 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-43393LOFTIN 7Oct 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-43393LOFTIN 7Sep 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-43393LOFTIN 7Sep 2023DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-43393LOFTIN 7Aug 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-43393LOFTIN 7Aug 2023DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-43393LOFTIN 7Jul 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-43393LOFTIN 7Jul 2023DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-43393LOFTIN 7Jun 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC
08-43393LOFTIN 7Jun 2023DCP OPERATING COMPANY, LPBLACK SWAN OPERATING, LLC
08-43393LOFTIN 7May 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC
08-43393LOFTIN 7May 2023DCP OPERATING COMPANY, LPBLACK SWAN OPERATING, LLC
08-43393LOFTIN 7Apr 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC