Salt Lick

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Salt Lick

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesFeb 2023 - Oct 2024
Total Oil Production388,199 BBLs
Total Gas Production311,106 MCF
Recent Oil Production9,778 BBLs in Sep 2024
Recent Gas Production13,347 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Salt Lick

ShaleAssessment

Not Available

MarketMultiple

$1,496,888 **

* 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 Oct 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, TX1,044 BBLs0 MCFOct 2024
ArnoldMartin County, TX6,632 BBLs11,013 MCFOct 2024
Baby Face Nelson Unit 17-8Martin County, TX2,086 BBLs3,363 MCFOct 2024
BalconesMartin County, TX47,450 BBLs86,893 MCFOct 2024
Big Red Unit 75-82Martin County, TX809 BBLs828 MCFOct 2024
Deatherege 18Martin County, TX0 BBLs0 MCFJul 2023
Fightin Chicken Unit 17-19Martin County, TX4,848 BBLs14,026 MCFOct 2024
Jones 83Martin County, TX198 BBLs146 MCFOct 2024
MiddletonMartin County, TX97 BBLs0 MCFOct 2024
Moses Trust 69Martin County, TX323 BBLs0 MCFOct 2024
PennybackerMartin County, TX27,575 BBLs54,315 MCFOct 2024
Shake And Bake Unit 74-69Martin County, TX3,487 BBLs7,777 MCFOct 2024
SlaughterMartin County, TX256 BBLs0 MCFOct 2024
Slingshot Engaged Unit 75-82Martin County, TX3,239 BBLs2,671 MCFOct 2024
Spider Monkey Unit 17-19Martin County, TX343 BBLs485 MCFOct 2024
Stevie Ray EMartin County, TX10,073 BBLs20,256 MCFOct 2024
Stevie Ray W AllocationMartin County, TX3,502 BBLs7,340 MCFOct 2024
Texas Ranger Unit 17-19Martin County, TX2,168 BBLs6,914 MCFOct 2024
Thirsty GoatMartin County, TX13,271 BBLs26,438 MCFOct 2024
Walker Unit 16-20Martin County, TX6,199 BBLs14,400 MCFOct 2024

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 BOct 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DOct 2024OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK COct 2024OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AOct 2024OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK ASep 2024OVINTIV USA INC.
08-58506SALT LICK DSep 2024OVINTIV USA INC.
08-58673SALT LICK BSep 2024OVINTIV USA INC.
08-58580SALT LICK ASep 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DSep 2024OVINTIV USA INC.OVINTIV USA INC.
08-58673SALT LICK BSep 2024OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CSep 2024OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CSep 2024OVINTIV USA INC.
08-58581SALT LICK CAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DAug 2024OVINTIV USA INC.
08-58506SALT LICK DAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-58673SALT LICK BAug 2024OVINTIV USA INC.
08-58581SALT LICK CAug 2024OVINTIV USA INC.
08-58673SALT LICK BAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AAug 2024OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AAug 2024OVINTIV USA INC.
08-58506SALT LICK DJul 2024OVINTIV USA INC.
08-58580SALT LICK AJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DJul 2024OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AJul 2024OVINTIV USA INC.
08-58581SALT LICK CJul 2024OVINTIV USA INC.OVINTIV USA INC.