Shanks

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Shanks

CountyMartin County, TX
Production DatesJan 1993 - Dec 2024
Total Oil Production44,672 BBLs
Total Gas Production20,882 MCF
Recent Oil Production27 BBLs in Nov 2024
Recent Gas Production0 MCF in Nov 2024
Wells on Property2

Our Valuation Estimates for Shanks

ShaleAssessment™

$2,570 *

MarketMultiple™

$6,874 **

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

Based on a decimal interest

Shanks Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Shanks
from Jan 1993 to Dec 2024

Wells on Shanks

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-32833SHANKS 1PARKER & PARSLEY, INC.Canceled LocationMartin County, TX32.121214-101.819769
42-317-32958SHANKS 1DIAMONDBACK E&P LLCProducingMartin County, TX32.120504-101.820190

Leases included in Shanks

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-16543SHANKS UNITCOX, JOHN L.Martin County, TX
08-29589SHANKSDIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Shanks

Nearby Properties

These are the closest 20 properties to the Shanks property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AtchisonMartin County, TX1,497 BBLs1,555 MCFNov 2024
BillingtonMidland County, TX472 BBLs0 MCFDec 2024
ConnellMartin County, TX8 BBLs484 MCFDec 2024
GlynnMartin County, TX246 BBLs303 MCFDec 2024
GrahamMartin County, TX1,151 BBLs0 MCFDec 2024
GravesMidland County, TX1,505 BBLs1,086 MCFDec 2024
Gray UnitMartin County, TX289 BBLs798 MCFDec 2024
Hightower 10Martin County, TX69,164 BBLs224,140 MCFDec 2024
Iverson 17Martin County, TX624 BBLs18 MCFDec 2024
KnoxMartin County, TX29,127 BBLs85,868 MCFDec 2024
KoonceMartin County, TX505 BBLs852 MCFDec 2024
Lukens 28Martin County, TX0 BBLs0 MCFNov 2014
McAdamsMartin County, TX1,442 BBLs1,258 MCFDec 2024
McClaneMartin County, TX310 BBLs228 MCFDec 2024
MorrisonMartin County, TX1,030 BBLs760 MCFNov 2024
MottMartin County, TX23,614 BBLs78,509 MCFJan 2025
Todd 27Martin County, TX455 BBLs421 MCFDec 2024
WashingtonMartin County, TX10,410 BBLs48,122 MCFDec 2024
WayneMartin County, TX337 BBLs0 MCFNov 2024
WhiteMartin County, TX1,756 BBLs3,558 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the Shanks property.

Company Name
Black Arrow Operating, LLC
Blair, Jack N.
Breitburn Operating LP
Bta Oil Producers
Cox, John L.
Diamondback E&P LLC
Endeavor Energy Resources, LP
Extex Operating Company
Lario Oil & Gas Company
McCann Corporation
Midland Energy, Inc.
Oxy USA Inc
Parker & Parsley Development Co.
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Purvis, J. H.
Sahara Operating Company
Scout Energy Management LLC
Tamarack Petroleum Company, Inc.
Walsh & Watts Inc

Owners of Shanks

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024ENDEAVOR ENERGY RESOURCESSHANKSENDEAVOR ENERGY RES

Oil & Gas Sales on Shanks

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-29589SHANKSJul 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMay 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMar 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJan 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSDec 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSNov 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJul 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJun 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMay 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMar 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSFeb 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJan 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSDec 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSNov 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSOct 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSSep 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSAug 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJul 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJun 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMar 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSFeb 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJan 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSDec 2020OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSOct 2020OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSSep 2020OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.