Martin (Shallow)

Oil & Gas Property in Ward County, TX

Property Summary

Key data points for Martin (Shallow)

CountyWard County, TX
OperatorN & B OIL AND GAS LLC
Production DatesJan 1993 - Aug 2024
Total Oil Production46,723 BBLs
Total Gas Production28,628 MCF
Recent Oil Production37 BBLs in Jul 2024
Recent Gas Production68 MCF in Jul 2024
Wells on Property6

Our Valuation Estimates for Martin (Shallow)

ShaleAssessment

$4,133 *

MarketMultiple

$8,269 **

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

Based on a decimal interest

Martin (Shallow) Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martin (Shallow)
from Jan 1993 to Aug 2024

Wells on Martin (Shallow)

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-475-04350MARTIN (SHALLOW) 3WN & B OIL AND GAS LLCShut InWard County, TX31.476611-102.934807
42-475-04353MARTIN (SHALLOW) 6N & B OIL AND GAS LLCProducingWard County, TX31.475736-102.933209
42-475-30835MARTIN (SHALLOW) 1N & B OIL AND GAS LLCProducingWard County, TX31.473998-102.934506
42-475-35641MARTIN (SHALLOW) 20N & B OIL AND GAS LLCProducingWard County, TX31.475256-102.928964
42-475-35911MARTIN (SHALLOW) 22N & B OIL AND GAS LLCProducingWard County, TX31.473039-102.929374
42-475-35912MARTIN (SHALLOW) 21N & B OIL AND GAS LLCInjectionWard County, TX31.472661-102.932188

Leases included in Martin (Shallow)

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-07357MARTIN (SHALLOW)N & B OIL AND GAS LLCWard County, TX

Nearby Properties

These are the closest 20 properties to the Martin (Shallow) property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adams LucyWard County, TX4,827 BBLs35,069 MCFJul 2024
American National Life Ins.CoWard County, TX219 BBLs7,842 MCFAug 2024
Black W. DWard County, TX90 BBLs34 MCFAug 2024
Brillhart EWard County, TX0 BBLs0 MCFSep 2022
EstesWard County, TX4,371 BBLs5,829 MCFAug 2024
Estes, W.AWard County, TX0 BBLs8,493 MCFAug 2024
Fred IWard County, TX53 BBLs3,317 MCFAug 2024
Hall & RobertsWard County, TX0 BBLs0 MCFApr 2021
HathawayWard County, TX0 BBLs270 MCFAug 2024
HillWard County, TX0 BBLs0 MCFJan 2011
JohnsonWard County, TX104 BBLs0 MCFAug 2024
Martin W.HWard County, TX212 BBLs2,612 MCFAug 2024
McFarland I. BWard County, TX0 BBLs0 MCFDec 2012
Miller Jane DeanWard County, TX0 BBLs148 MCFAug 2024
RichterWard County, TX2,102 BBLs14,941 MCFAug 2024
Smith F. GWard County, TX0 BBLs3,084 MCFAug 2024
State Of TexasWard County, TX571 BBLs758 MCFAug 2024
State Of Texas 14Ward County, TX184 BBLs289 MCFAug 2024
TrebolWard County, TX67 BBLs0 MCFJul 2024
W.A. EstesWard County, TX0 BBLs0 MCFAug 2023

Owners of Martin (Shallow)

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024ICE BROTHERS INCORPORATED MINMARTIN W H "SHALLOW"ICE BROTHERS
2024OXY USA WTP LTD PARTNERSHIPMARTIN W H "SHALLOW"ICE BROTHERS
2024CITIZENS NATIONAL BANKMARTIN W H "SHALLOW"ICE BROTHERS
2024RIVERHILL ENERGY CORPMARTIN W H "SHALLOW"ICE BROTHERS
2024HAYDEN OIL LIMITED PARTNERSHIPMARTIN W H "SHALLOW"ICE BROTHERS
2024XTO HOLDINGS LLC RI/ORMARTIN W H "SHALLOW"ICE BROTHERS
2024METROPOLITAN ROYALTY CORPMARTIN W H "SHALLOW"ICE BROTHERS
2024DOORNBOS CHARLES F REVOC TRUSTMARTIN W H "SHALLOW"ICE BROTHERS
Displaying 8 of 10 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Martin (Shallow)

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-07357MARTIN (SHALLOW)Jul 2024PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)May 2024PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Feb 2024PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Nov 2023PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Sep 2023PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Jun 2023PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Feb 2023PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Nov 2022PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Jul 2022PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)May 2022PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Mar 2022PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Jan 2022PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Oct 2021PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Aug 2021PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Jun 2021PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Apr 2021PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Feb 2021PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Nov 2020PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Jul 2020PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)May 2020PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Feb 2020PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Jan 2020PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Nov 2019PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Sep 2019PLAINS MARKETING, L.P.ICE BROTHERS, INC.
08-07357MARTIN (SHALLOW)Aug 2019PLAINS MARKETING, L.P.ICE BROTHERS, INC.