Martin Properties

Oil & Gas Property in Wichita County, TX

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

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Property Summary

Key data points for Martin Properties

CountyWichita County, TX
OperatorR2Q OPERATING LLC
Production DatesJan 1993 - Nov 2024
Total Oil Production224,544 BBLs
Total Gas Production63 MCF
Recent Oil Production395 BBLs in Oct 2024
Recent Gas Production0 MCF in Oct 2024
Wells on Property9

Our Valuation Estimates for Martin Properties

ShaleAssessment™

Not Available

MarketMultiple™

$50,978 **

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

Based on a decimal interest

Martin Properties Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martin Properties
from Jan 1993 to Nov 2024

Wells on Martin Properties

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-485-30078MARTIN PROPERTIES -B- 2R2Q OPERATING LLCPlugged Oil WellWichita County, TX33.905710-98.866426
42-485-30228MARTIN PROPERTIES -B- 3R2Q OPERATING LLCInjectionWichita County, TX33.909575-98.866525
42-485-30367MARTIN PROPERTIES -B- 4R2Q OPERATING LLCProducingWichita County, TX33.912423-98.868804
42-485-30642MARTIN PROPERTIES -B- 5R2Q OPERATING LLCProducingWichita County, TX33.907332-98.871613
42-485-30894MARTIN PROPERTIES -B- 6R2Q OPERATING LLCPlugged Oil WellWichita County, TX33.909754-98.872461
42-485-31185MARTIN PROPERTIES -B- 7R2Q OPERATING LLCProducingWichita County, TX33.912247-98.873582
42-485-31273MARTIN PROPERTIES -B- 8R2Q OPERATING LLCShut InWichita County, TX33.914437-98.874391
42-485-45335MARTIN PROPERTIES -B- 9R2Q OPERATING LLCProducingWichita County, TX33.905131-98.869298
42-485-91189MARTIN PROPERTIES -B- 1R2Q OPERATING LLCPlugged Oil WellWichita County, TX33.903873-98.870239

Leases included in Martin Properties

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-13008MARTIN PROPERTIESONEIL, PATWichita County, TX
09-15877MARTIN PROPERTIES -B-R2Q OPERATING LLCWichita County, TX

Nearby Properties

These are the closest 20 properties to the Martin Properties property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AshrodWichita County, TX15 BBLs0 MCFNov 2024
BantaWichita County, TX400 BBLs0 MCFNov 2024
BradleyWichita County, TX1,815 BBLs0 MCFNov 2024
BrogdonWichita County, TX123 BBLs0 MCFNov 2024
Burnett-TidewaterWichita County, TX0 BBLs0 MCFNov 2020
CampbellWichita County, TX212 BBLs0 MCFNov 2024
CatoWichita County, TX12 BBLs0 MCFOct 2024
ChiltonWichita County, TX233 BBLs0 MCFNov 2024
Douglas Mineral TrustWichita County, TX634 BBLs0 MCFNov 2024
Hamilton EtalWichita County, TX100 BBLs0 MCFNov 2024
Henson EWichita County, TX141 BBLs0 MCFNov 2024
J J WaggonerWichita County, TX224 BBLs0 MCFNov 2024
Lakeland RanchWichita County, TX48 BBLs0 MCFNov 2024
MartinWichita County, TX60 BBLs0 MCFNov 2024
McCartyWichita County, TX1,392 BBLs0 MCFNov 2024
NanceWichita County, TX401 BBLs0 MCFNov 2024
Nance-McCartyWichita County, TX2 BBLs0 MCFNov 2024
Perkins J. JWichita County, TX34 BBLs0 MCFNov 2024
RobinsonWichita County, TX33 BBLs0 MCFNov 2024
SauderWichita County, TX89 BBLs0 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the Martin Properties property.

Company Name
Arcooil Corp
F&H Operating Company LLC
Hamilton, W. B., Estate
Hood, J. Frank, Jr.
Kincaid Etal, Inc.
Leading Edge Energy LLC
Lindemann, W. L., DRLG. Co.
M & A Oil Company, LTD.
Os&S Operating Inc.
R2Q Operating LLC
Ray Loveless Enterprises, L.L.C.
Rockstar Production, LLC
Rocky Point Oil, Inc.
S & J Operating Company
Sherman Oil Company LLC
Spruiell Drilling Co., Inc.
Texas Energy Operations, LC
Turnbow Drilling Co.
Txon Partners, LLC
Wilson-Shab Corp.

Owners of Martin Properties

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024R2Q OPERATING LLCMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024BAFFIN ENERGY LTDMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024PROTHRO INVESTMENTSMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024BRADLEY BILL JMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024BRADLEY MARY LOUMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024BRADLEY RAYMOND JACKMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024MILLER JOHN PAULMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024MILLER MARY K BRADLEYMARTIN PROPERTIES -B-R2Q OPERATING LLC
Displaying 8 of 54 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Martin Properties

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-15877MARTIN PROPERTIES -B-Oct 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Sep 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Aug 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Jul 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Jun 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-May 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Apr 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Mar 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Feb 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Jan 2024PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Dec 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Nov 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Oct 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Sep 2023PHILLIPS 66 COMPANYR2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Aug 2023VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Jul 2023VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Jun 2023VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-May 2023VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Apr 2023VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Mar 2023VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Feb 2023VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Jan 2023VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Dec 2022VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Nov 2022VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Oct 2022VITOL INC.R2Q OPERATING LLC