Martin Properties

Oil & Gas Property in Wichita County, TX

Property Summary

Key data points for Martin Properties

CountyWichita County, TX
OperatorR2Q OPERATING LLC
Production DatesJan 1993 - Aug 2024
Total Oil Production223,430 BBLs
Total Gas Production63 MCF
Recent Oil Production330 BBLs in Jul 2024
Recent Gas Production0 MCF in Jul 2024
Wells on Property9

Our Valuation Estimates for Martin Properties

ShaleAssessment

Not Available

MarketMultiple

$51,241 **

* 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 Aug 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, TX26 BBLs0 MCFJul 2024
BantaWichita County, TX314 BBLs0 MCFAug 2024
BradleyWichita County, TX1,790 BBLs0 MCFAug 2024
BridwellWichita County, TX0 BBLs0 MCFJun 2018
BrogdonWichita County, TX154 BBLs0 MCFAug 2024
Burnett-TidewaterWichita County, TX0 BBLs0 MCFNov 2020
CampbellWichita County, TX164 BBLs0 MCFAug 2024
CatoWichita County, TX0 BBLs0 MCFJun 2024
ChiltonWichita County, TX124 BBLs0 MCFAug 2024
Douglas Mineral TrustWichita County, TX446 BBLs0 MCFAug 2024
Hamilton EtalWichita County, TX67 BBLs0 MCFAug 2024
Henson EWichita County, TX106 BBLs0 MCFAug 2024
J&J WaggonerWichita County, TX183 BBLs0 MCFAug 2024
Lakeland RanchWichita County, TX0 BBLs0 MCFAug 2024
MartinWichita County, TX56 BBLs0 MCFAug 2024
NanceWichita County, TX454 BBLs0 MCFAug 2024
Nance-McCartyWichita County, TX4 BBLs0 MCFAug 2024
Perkins J. JWichita County, TX48 BBLs0 MCFJul 2024
RobinsonWichita County, TX25 BBLs0 MCFAug 2024
SauderWichita County, TX8 BBLs0 MCFAug 2024

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
2024MILLER PETER RAYMONDMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024POPEJOY MANDYMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024MILLER MARIA CARMENMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024BRADLEY BILL JMARTIN PROPERTIES -B-R2Q OPERATING LLC
2024BRADLEY MARY LOUMARTIN 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-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
09-15877MARTIN PROPERTIES -B-Sep 2022VITOL INC.R2Q OPERATING LLC
09-15877MARTIN PROPERTIES -B-Aug 2022VITOL INC.R2Q OPERATING LLC