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 - Aug 2024
Total Oil Production370,498 BBLs
Total Gas Production286,413 MCF
Recent Oil Production7,924 BBLs in Jul 2024
Recent Gas Production14,182 MCF in Jul 2024
Wells on Property4

Our Valuation Estimates for Salt Lick

ShaleAssessment™

Not Available

MarketMultiple™

$1,610,318 **

* 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 Aug 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, TX1,287 BBLs1 MCFAug 2024
ArnoldMartin County, TX7,416 BBLs11,563 MCFAug 2024
Baby Face Nelson Unit 17-8Martin County, TX2,082 BBLs2,979 MCFAug 2024
BalconesMartin County, TX69,781 BBLs152,448 MCFAug 2024
Big Red Unit 75-82Martin County, TX0 BBLs0 MCFAug 2024
Deatherege 18Martin County, TX0 BBLs0 MCFJul 2023
Fightin Chicken Unit 17-19Martin County, TX5,035 BBLs7,848 MCFAug 2024
Jones 83Martin County, TX340 BBLs264 MCFAug 2024
MiddletonMartin County, TX109 BBLs0 MCFAug 2024
Moses Trust 69Martin County, TX738 BBLs0 MCFAug 2024
PennybackerMartin County, TX26,479 BBLs51,948 MCFAug 2024
Shake And Bake Unit 74-69Martin County, TX3,515 BBLs3,949 MCFAug 2024
SlaughterMartin County, TX286 BBLs0 MCFAug 2024
Slingshot Engaged Unit 75-82Martin County, TX3,537 BBLs4,059 MCFAug 2024
Spider Monkey Unit 17-19Martin County, TX1,226 BBLs1,226 MCFAug 2024
Stevie Ray EMartin County, TX8,090 BBLs17,505 MCFAug 2024
Stevie Ray W AllocationMartin County, TX2,513 BBLs4,703 MCFAug 2024
Texas Ranger Unit 17-19Martin County, TX4,224 BBLs7,207 MCFAug 2024
Thirsty GoatMartin County, TX14,761 BBLs25,528 MCFAug 2024
Walker Unit 16-20Martin County, TX4,291 BBLs5,423 MCFAug 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.