Phillips 16

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Phillips 16

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesApr 2012 - Sep 2024
Total Oil Production89,654 BBLs
Total Gas Production171,222 MCF
Recent Oil Production346 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Phillips 16

ShaleAssessment

$12,337 *

MarketMultiple

$26,042 **

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

Based on a decimal interest

Phillips 16 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Phillips 16
from Apr 2012 to Sep 2024

Wells on Phillips 16

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-37404PHILLIPS 16 1OVINTIV USA INC.ProducingMartin County, TX32.482784-102.050780
42-317-37405PHILLIPS 16 2OVINTIV USA INC.ProducingMartin County, TX32.477421-102.049145

Leases included in Phillips 16

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-42636PHILLIPS 16OVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Phillips 16 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ash 253Martin County, TX382 BBLs275 MCFSep 2024
Balmorhea 258Martin County, TX2,499 BBLs1,723 MCFSep 2024
CerezaMartin County, TX391 BBLs313 MCFSep 2024
Charlie 6Martin County, TX420 BBLs0 MCFSep 2024
DeatherageMartin County, TX164 BBLs476 MCFSep 2024
Duffman 253Martin County, TX55,159 BBLs69,216 MCFSep 2024
HightowerMartin County, TX358 BBLs703 MCFSep 2024
HyattMartin County, TX171 BBLs811 MCFSep 2024
IntegrityMartin County, TX4,307 BBLs3,534 MCFSep 2024
KnoxMartin County, TX318 BBLs0 MCFSep 2024
MimmsMartin County, TX175 BBLs251 MCFSep 2024
NebbioloMartin County, TX572 BBLs1,094 MCFSep 2024
Ross WillieMartin County, TX0 BBLs0 MCFMay 2019
Shook Homer L. -AMartin County, TX6 BBLs0 MCFSep 2024
SnellMartin County, TX392 BBLs1,687 MCFSep 2024
Topeak 12Martin County, TX358 BBLs739 MCFSep 2024
TurnbowMartin County, TX75 BBLs0 MCFSep 2024
VoglerMartin County, TX1,647 BBLs3,983 MCFSep 2024
WadeMartin County, TX94 BBLs4 MCFSep 2024
Wade EstateMartin County, TX1,230 BBLs1,370 MCFSep 2024

Owners of Phillips 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OVINTIV USA INCPHILLIPS 16OVINTIV USA INC

Oil & Gas Sales on Phillips 16

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-42636PHILLIPS 16Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-42636PHILLIPS 16Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-42636PHILLIPS 16Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-42636PHILLIPS 16May 2024OVINTIV USA INC.OVINTIV USA INC.
08-42636PHILLIPS 16Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-42636PHILLIPS 16Apr 2024DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-42636PHILLIPS 16Mar 2024OVINTIV USA INC.OVINTIV USA INC.
08-42636PHILLIPS 16Mar 2024DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-42636PHILLIPS 16Nov 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-42636PHILLIPS 16Oct 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-42636PHILLIPS 16Sep 2023DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-42636PHILLIPS 16Aug 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-42636PHILLIPS 16Aug 2023DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-42636PHILLIPS 16Jul 2023PLAINS MARKETING, L.P.OVINTIV USA INC.
08-42636PHILLIPS 16Jun 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC
08-42636PHILLIPS 16Jun 2023DCP OPERATING COMPANY, LPEXL PETROLEUM OPERATING INC.
08-42636PHILLIPS 16May 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC
08-42636PHILLIPS 16May 2023DCP OPERATING COMPANY, LPEXL PETROLEUM OPERATING INC.
08-42636PHILLIPS 16Apr 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC
08-42636PHILLIPS 16Apr 2023DCP OPERATING COMPANY, LPEXL PETROLEUM OPERATING INC.
08-42636PHILLIPS 16Mar 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC
08-42636PHILLIPS 16Mar 2023DCP OPERATING COMPANY, LPEXL PETROLEUM OPERATING INC.
08-42636PHILLIPS 16Feb 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC
08-42636PHILLIPS 16Feb 2023DCP OPERATING COMPANY, LPEXL PETROLEUM OPERATING INC.
08-42636PHILLIPS 16Jan 2023PLAINS MARKETING, L.P.BLACK SWAN OPERATING, LLC