Salt Lick

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Salt Lick Oil & Gas Property

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Property Summary

Key data points for Salt Lick

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesFeb 2023 - Sep 2024
Total Oil Production380,276 BBLs
Total Gas Production299,760 MCF
Recent Oil Production8,933 BBLs in Aug 2024
Recent Gas Production13,775 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Salt Lick

ShaleAssessment™

Not Available

MarketMultiple™

$1,521,497 **

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

Based on a decimal interest

Salt Lick Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Salt Lick
from Feb 2023 to Sep 2024

Wells on Salt Lick

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-44129SALT LICK A 1LSOVINTIV USA INC.ProducingMartin County, TX32.467901-101.860876
42-317-44130SALT LICK B 2LSOVINTIV USA INC.ProducingMartin County, TX32.467850-101.861112
42-317-44179SALT LICK C 3LSOVINTIV USA INC.ProducingMartin County, TX32.466387-101.867525
42-317-44180SALT LICK D 4LSOVINTIV USA INC.ProducingMartin County, TX32.466360-101.867651

Leases included in Salt Lick

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-58506SALT LICK DOVINTIV USA INC.Martin County, TX
08-58580SALT LICK AOVINTIV USA INC.Martin County, TX
08-58581SALT LICK COVINTIV USA INC.Martin County, TX
08-58673SALT LICK BOVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Salt Lick property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AbraxasMartin County, TX1,080 BBLs0 MCFSep 2024
ArnoldMartin County, TX6,502 BBLs10,239 MCFSep 2024
Baby Face Nelson Unit 17-8Martin County, TX1,989 BBLs2,852 MCFSep 2024
BalconesMartin County, TX66,722 BBLs135,343 MCFSep 2024
Big Red Unit 75-82Martin County, TX496 BBLs446 MCFSep 2024
Deatherege 18Martin County, TX0 BBLs0 MCFJul 2023
Fightin Chicken Unit 17-19Martin County, TX2,533 BBLs4,967 MCFSep 2024
Jones 83Martin County, TX284 BBLs0 MCFSep 2024
MiddletonMartin County, TX124 BBLs0 MCFSep 2024
Moses Trust 69Martin County, TX381 BBLs0 MCFSep 2024
PennybackerMartin County, TX32,727 BBLs58,686 MCFSep 2024
Shake And Bake Unit 74-69Martin County, TX2,914 BBLs3,459 MCFSep 2024
SlaughterMartin County, TX276 BBLs0 MCFSep 2024
Slingshot Engaged Unit 75-82Martin County, TX4,217 BBLs5,316 MCFSep 2024
Spider Monkey Unit 17-19Martin County, TX858 BBLs835 MCFSep 2024
Stevie Ray EMartin County, TX7,613 BBLs16,545 MCFSep 2024
Stevie Ray W AllocationMartin County, TX4,238 BBLs8,785 MCFSep 2024
Texas Ranger Unit 17-19Martin County, TX3,099 BBLs6,715 MCFSep 2024
Thirsty GoatMartin County, TX15,478 BBLs29,411 MCFSep 2024
Walker Unit 16-20Martin County, TX6,810 BBLs10,520 MCFSep 2024

Companies in the Area

These are the closest 20 companies operating near the Salt Lick property.

Company Name
Black Arrow Operating, LLC
Brown, H. L., Jr.
Diamondback E&P LLC
Element Petroleum Op III, LLC
Endeavor Energy Resources, LP
Esperanza Energy Corp.
Hallwood Energy Corporation
Hallwood Petroleum, Inc.
Hibernia Resources IV, LLC
High Noon Resources, LLC
Marcum Drilling Co.
Otb Operating, LLC
Ovintiv USA Inc.
Petrolegacy Energy II, LLC
Pioneer Natural Res. USA, Inc.
Roff Operating Company LLC
Scythian, LTD.
Smith Brothers Oil & Gas, Inc.
Smith Pipe Of Abilene
Stephens, Autry C.

Frac'ing activity on Salt Lick

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-44129Pennybacker East Salt Lick A 1LS
42-317-44130Pennybacker East Salt Lick B 2LS
42-317-44179Salt Lick C 3LS
42-317-44180Salt Lick D 4LS

Owners of Salt Lick

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OVINTIV USA INCSALT LICK DOVINTIV USA
2024OVINTIV USA INCSALT LICK COVINTIV USA
2024OVINTIV USA INCSALT LICK BOVINTIV USA
2024OVINTIV USA INCSALT LICK AOVINTIV USA
2024LUTTRELL RICHARD LSALT LICK DOVINTIV USA
2024LUTTRELL RICHARD LSALT LICK COVINTIV USA
2024LUTTRELL RICHARD LSALT LICK BOVINTIV USA
2024LUTTRELL RICHARD LSALT LICK AOVINTIV USA
Displaying 8 of 246 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Salt Lick

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-58673SALT LICK BAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DJul 2024OVINTIV USA INC.
08-58580SALT LICK AJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AJul 2024OVINTIV USA INC.
08-58673SALT LICK BJul 2024OVINTIV USA INC.
08-58581SALT LICK CJul 2024OVINTIV USA INC.
08-58581SALT LICK CJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-58673SALT LICK BJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-58673SALT LICK BJun 2024OVINTIV USA INC.
08-58581SALT LICK CJun 2024OVINTIV USA INC.
08-58673SALT LICK BJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DJun 2024OVINTIV USA INC.
08-58506SALT LICK DJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AJun 2024OVINTIV USA INC.
08-58580SALT LICK AJun 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DMay 2024OVINTIV USA INC.
08-58506SALT LICK DMay 2024OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CMay 2024OVINTIV USA INC.OVINTIV USA INC.
08-58673SALT LICK BMay 2024OVINTIV USA INC.OVINTIV USA INC.
08-58673SALT LICK BMay 2024OVINTIV USA INC.