Oil & Gas Property in Martin County, TX
Key data points for Pennybacker
| County | Martin County, TX |
|---|---|
| Operator | OVINTIV USA INC. |
| Production Dates | Feb 2023 - Dec 2024 |
| Total Oil Production | 1,190,725 BBLs |
| Total Gas Production | 1,331,995 MCF |
| Recent Oil Production | 19,974 BBLs in Nov 2024 |
| Recent Gas Production | 37,687 MCF in Nov 2024 |
| Wells on Property | 7 |
Our Valuation Estimates for Pennybacker
ShaleAssessment™
Not Available
MarketMultiple™
$4,016,550 **
* 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 Pennybacker property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abraxas | Martin County, TX | 685 BBLs | 0 MCF | Dec 2024 |
| Arnold | Martin County, TX | 7,043 BBLs | 9,572 MCF | Dec 2024 |
| Baby Face Nelson Unit 17-8 | Martin County, TX | 3,792 BBLs | 8,808 MCF | Dec 2024 |
| Balcones | Martin County, TX | 58,930 BBLs | 115,267 MCF | Dec 2024 |
| Big Red Unit 75-82 | Martin County, TX | 845 BBLs | 1,144 MCF | Dec 2024 |
| Deatherege 18 | Martin County, TX | 0 BBLs | 0 MCF | Jul 2023 |
| Fightin Chicken Unit 17-19 | Martin County, TX | 2,496 BBLs | 11,673 MCF | Dec 2024 |
| Jones 83 | Martin County, TX | 308 BBLs | 222 MCF | Dec 2024 |
| Middleton | Martin County, TX | 107 BBLs | 0 MCF | Dec 2024 |
| Moses Trust 69 | Martin County, TX | 419 BBLs | 0 MCF | Dec 2024 |
| Salt Lick | Martin County, TX | 8,201 BBLs | 10,724 MCF | Dec 2024 |
| Shake And Bake Unit 74-69 | Martin County, TX | 5,041 BBLs | 7,046 MCF | Dec 2024 |
| Slaughter | Martin County, TX | 201 BBLs | 0 MCF | Dec 2024 |
| Slingshot Engaged Unit 75-82 | Martin County, TX | 3,181 BBLs | 4,241 MCF | Dec 2024 |
| Spider Monkey Unit 17-19 | Martin County, TX | 2,282 BBLs | 6,120 MCF | Dec 2024 |
| Stevie Ray E | Martin County, TX | 9,669 BBLs | 21,238 MCF | Dec 2024 |
| Stevie Ray W Allocation | Martin County, TX | 3,065 BBLs | 7,635 MCF | Dec 2024 |
| Texas Ranger Unit 17-19 | Martin County, TX | 3,440 BBLs | 11,905 MCF | Dec 2024 |
| Thirsty Goat | Martin County, TX | 11,772 BBLs | 25,568 MCF | Dec 2024 |
| Walker Unit 16-20 | Martin County, TX | 5,798 BBLs | 14,042 MCF | Dec 2024 |
These are the closest 20 companies operating near the Pennybacker property.