Oil & Gas Property in Martin County, TX
Key data points for Phillips 16
| County | Martin County, TX |
|---|---|
| Operator | OVINTIV USA INC. |
| Production Dates | Apr 2012 - Nov 2024 |
| Total Oil Production | 90,103 BBLs |
| Total Gas Production | 172,000 MCF |
| Recent Oil Production | 275 BBLs in Oct 2024 |
| Recent Gas Production | 778 MCF in Oct 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Phillips 16
ShaleAssessment™
$11,985 *
MarketMultiple™
$30,306 **
* 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 Phillips 16 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Ash 253 | Martin County, TX | 324 BBLs | 130 MCF | Nov 2024 |
| Cereza | Martin County, TX | 372 BBLs | 211 MCF | Nov 2024 |
| Charlie 6 | Martin County, TX | 320 BBLs | 0 MCF | Nov 2024 |
| Deatherage | Martin County, TX | 315 BBLs | 306 MCF | Nov 2024 |
| Duffman 253 | Martin County, TX | 47,452 BBLs | 64,769 MCF | Nov 2024 |
| Freeman 22 | Martin County, TX | 472 BBLs | 653 MCF | Nov 2024 |
| Hyatt | Martin County, TX | 247 BBLs | 164 MCF | Nov 2024 |
| Integrity | Martin County, TX | 3,947 BBLs | 4,498 MCF | Nov 2024 |
| Loftin 7 | Martin County, TX | 611 BBLs | 654 MCF | Nov 2024 |
| Mimms | Martin County, TX | 398 BBLs | 293 MCF | Nov 2024 |
| Nebbiolo | Martin County, TX | 132 BBLs | 406 MCF | Nov 2024 |
| Offutt L. D | Martin County, TX | 718 BBLs | 0 MCF | Nov 2024 |
| Robason 18 | Martin County, TX | 346 BBLs | 199 MCF | Nov 2024 |
| Ross Willie | Martin County, TX | 0 BBLs | 0 MCF | May 2019 |
| Shook Homer L. -A | Martin County, TX | 339 BBLs | 0 MCF | Nov 2024 |
| Snell | Martin County, TX | 444 BBLs | 26 MCF | Nov 2024 |
| Topeak 12 | Martin County, TX | 337 BBLs | 674 MCF | Nov 2024 |
| Vogler | Martin County, TX | 1,651 BBLs | 4,223 MCF | Nov 2024 |
| Wade | Martin County, TX | 99 BBLs | 3 MCF | Nov 2024 |
| Wade Estate | Martin County, TX | 1,062 BBLs | 1,086 MCF | Nov 2024 |
These are the closest 20 companies operating near the Phillips 16 property.