Martin J.C. III

Oil & Gas Property in Webb County, TX

Property Summary

Key data points for Martin J.C. III

CountyWebb County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production21,676 BBLs
Total Gas Production3,911,035 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production772 MCF in Aug 2024
Wells on Property5

Our Valuation Estimates for Martin J.C. III

ShaleAssessment

$2,116 *

MarketMultiple

$1,993 **

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

Based on a decimal interest

Martin J.C. III Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martin J.C. III
from Jan 1993 to Sep 2024

Wells on Martin J.C. III

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-479-32502MARTIN J.C. III 4ARETE OPERATING COMPANY II, LLCProducingWebb County, TX27.409655-99.305351
42-479-35327MARTIN, J.C. III 10MICHAEL PETROLEUM CORPORATIONPlugged Gas WellWebb County, TX27.404402-99.302008
42-479-35962MARTIN J. C. III 9ARETE OPERATING COMPANY III, LLCTemp AbandonedWebb County, TX27.395604-99.307098
42-479-36046MARTIN J.C. III 12CARETE OPERATING COMPANY II, LLCProducingWebb County, TX27.395257-99.312368
42-479-36660MARTIN J. C. III 15ARETE OPERATING COMPANY II, LLCProducingWebb County, TX27.403200-99.300688

Leases included in Martin J.C. III

Lease #Lease NameOperatorCountyMonthly Gas Prod.
04-089914MARTIN J.C. III 4ARETE OPERATING COMPANY II, LLCWebb County, TX
04-140273MARTIN, J.C. III 10MICHAEL PETROLEUM CORPORATIONWebb County, TX
04-147772MARTIN J. C. III 9ARETE OPERATING COMPANY III, LLCWebb County, TX
04-149686MARTIN J.C. III 12CARETE OPERATING COMPANY II, LLCWebb County, TX
04-149690MARTIN J.C. III 12CARETE OPERATING COMPANY II, LLCWebb County, TX
04-163533MARTIN J. C. III 15ARETE OPERATING COMPANY II, LLCWebb County, TX

Nearby Properties

These are the closest 20 properties to the Martin J.C. III property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BruniWebb County, TX0 BBLs520 MCFSep 2024
Bruni-SummersWebb County, TX0 BBLs6,148 MCFSep 2024
Bruni-SummersWebb County, TX0 BBLs973 MCFSep 2024
FaustoWebb County, TX0 BBLs2,080 MCFSep 2024
G. & F. Ramirez Gas UnitWebb County, TX0 BBLs452 MCFSep 2024
GJM Gas Unit IWebb County, TX0 BBLs571 MCFSep 2024
M.M.A. Cattle CoWebb County, TX0 BBLs1,210 MCFSep 2024
MartinWebb County, TX0 BBLs1,607 MCFSep 2024
Martin SWebb County, TX0 BBLs946 MCFSep 2024
MayersWebb County, TX4 BBLs2,188 MCFSep 2024
Mayers Gas UnitWebb County, TX0 BBLs229 MCFSep 2024
McKendrickWebb County, TX0 BBLs0 MCFDec 2023
Ramirez G. & F. Gas UnitWebb County, TX0 BBLs19 MCFSep 2024
Ramirez MWebb County, TX0 BBLs296 MCFSep 2024
RottersmanWebb County, TX11 BBLs3,772 MCFSep 2024
SantosWebb County, TX0 BBLs678 MCFSep 2024
SchwarzWebb County, TX0 BBLs347 MCFSep 2024
Slaughter, Lilia BruniWebb County, TX0 BBLs484 MCFSep 2024
Summers BruniWebb County, TX31 BBLs7,069 MCFSep 2024
Volz-MartinWebb County, TX0 BBLs423 MCFSep 2024

Owners of Martin J.C. III

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024KILLAM & HURD LTDMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
2024MARTIN J C IIIMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
2024FOUR MARTINS MINERALSMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
2024ARETE OPERATING CO II LLCMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
2024KILLAM & HURD LTDMARTIN J C III W# 4ARETE OPERATING CO II LLC.
2024RALEY LINDA G LIVING TRUSTMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
2024MARTIN J C IIIMARTIN J C III W# 4ARETE OPERATING CO II LLC.
2024ARETE OPERATING CO II LLCMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
Displaying 8 of 88 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Martin J.C. III

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-089914MARTIN J.C. III 4Sep 2024ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CSep 2024ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Sep 2024ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Aug 2024ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CAug 2024ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Aug 2024ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Jul 2024ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CJul 2024ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Jul 2024ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Jun 2024GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Jun 2024ARETE OPERATING COMPANY, LLC
04-147772MARTIN J. C. III 9Jun 2024GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CJun 2024GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CJun 2024ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Jun 2024ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4May 2024ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CMay 2024ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15May 2024ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Apr 2024ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CApr 2024ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Apr 2024ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Mar 2024ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CMar 2024ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Mar 2024ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Feb 2024ARETE OPERATING COMPANY, LLC