Martha -18

Oil & Gas Property in Palo Pinto County, TX

Property Summary

Key data points for Martha -18

CountyPalo Pinto County, TX
OperatorJ-TEC PRODUCTION, LLC
Production DatesJul 2005 - Jan 2025
Total Oil Production59 BBLs
Total Gas Production157,276 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production246 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Martha -18

ShaleAssessment

$456 *

MarketMultiple

$727 **

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

Based on a decimal interest

Martha -18 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Martha -18
from Jul 2005 to Jan 2025

Wells on Martha -18

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-363-35371MARTHA -18- 1J-TEC PRODUCTION, LLCProducingPalo Pinto County, TX32.795628-98.338267
42-363-35374MARTHA -18- 2J-TEC PRODUCTION, LLCProducingPalo Pinto County, TX32.799542-98.334186

Leases included in Martha -18

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-211356MARTHA -18- 2J-TEC PRODUCTION, LLCPalo Pinto County, TX
7B-211428MARTHA -18- 1J-TEC PRODUCTION, LLCPalo Pinto County, TX

Nearby Properties

These are the closest 20 properties to the Martha -18 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BonniePalo Pinto County, TX0 BBLs7,844 MCFDec 2024
Brackeen A.HPalo Pinto County, TX0 BBLs0 MCFAug 2020
CarterPalo Pinto County, TX0 BBLs0 MCFDec 2023
Carter Mattye LPalo Pinto County, TX0 BBLs284 MCFDec 2024
Cumming-Reagan 11Palo Pinto County, TX0 BBLs103 MCFJan 2025
Garland Bend UnitPalo Pinto County, TX0 BBLs100 MCFJan 2025
Jordan TomPalo Pinto County, TX0 BBLs74 MCFJan 2025
McMurrey M. H. DPalo Pinto County, TX0 BBLs20 MCFJan 2025
MercerPalo Pinto County, TX0 BBLs0 MCFDec 2019
MitchellPalo Pinto County, TX0 BBLs1,257 MCFJan 2025
MPDS CorpPalo Pinto County, TX0 BBLs0 MCFMay 2018
Patterson E.WPalo Pinto County, TX0 BBLs108 MCFJan 2025
PearsonPalo Pinto County, TX25 BBLs518 MCFJan 2025
ReaganPalo Pinto County, TX0 BBLs346 MCFJan 2025
RhodesPalo Pinto County, TX0 BBLs558 MCFDec 2024
Tri-State Leasing CorpPalo Pinto County, TX0 BBLs0 MCFNov 2020
WatsonPalo Pinto County, TX0 BBLs608 MCFJan 2025
WatsonPalo Pinto County, TX0 BBLs561 MCFJan 2025
WhartonPalo Pinto County, TX0 BBLs199 MCFJan 2025
YeatsPalo Pinto County, TX0 BBLs363 MCFJan 2025

Owners of Martha -18

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024J-TEC PRODUCTION LLCMARTHA -18- #2J-TEC PRODUCTI
2024J-TEC PRODUCTION LLCMARTHA -18- #1J-TEC PRODUCTI
2024MODESITT MARTHAMARTHA -18- #2J-TEC PRODUCTI
2024APEG PALO PINTO LPMARTHA -18- #2J-TEC PRODUCTI
2024MATNEY VAUGHN DMARTHA -18- #2J-TEC PRODUCTI

Oil & Gas Sales on Martha -18

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-211428MARTHA -18- 1Sep 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Sep 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Aug 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Aug 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Jul 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Jul 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Jun 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Jun 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2May 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1May 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Apr 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Apr 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Mar 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Mar 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Feb 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Feb 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Jan 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Jan 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Dec 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Dec 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Nov 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Nov 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211428MARTHA -18- 1Oct 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Oct 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-211356MARTHA -18- 2Sep 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC