Martin

Oil & Gas Property in Young County, TX

Property Summary

Key data points for Martin

CountyYoung County, TX
Production DatesNov 2003 - Jul 2024
Total Oil Production53,511 BBLs
Total Gas Production21,133 MCF
Recent Oil Production62 BBLs in Jun 2024
Recent Gas Production0 MCF in Jun 2024
Wells on Property4

Our Valuation Estimates for Martin

ShaleAssessment

$6,030 *

MarketMultiple

$7,287 **

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

Based on a decimal interest

Martin Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martin
from Nov 2003 to Jul 2024

Wells on Martin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-503-37253MARTIN 1HILL, R. M.Dry HoleYoung County, TX33.083612-98.704328
42-503-39116MARTIN 1T & I PETROLEUM CO., INC.Plugged Oil WellYoung County, TX33.080650-98.705969
42-503-41205MARTIN TRUST 1GANNETT OPERATING LLCShut InYoung County, TX33.077108-98.703640
42-503-42200MARTIN TRUST 2GANNETT OPERATING LLCProducingYoung County, TX33.075186-98.703451

Leases included in Martin

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-26281MARTINT & I PETROLEUM CO., INC.Young County, TX
09-30232MARTIN TRUSTGANNETT OPERATING LLCYoung County, TX
09-32963MARTIN TRUSTGANNETT OPERATING LLCYoung County, TX

Operators Associated With Martin

Nearby Properties

These are the closest 20 properties to the Martin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AldridgeYoung County, TX308 BBLs243 MCFJul 2024
AllarYoung County, TX102 BBLs31 MCFJul 2024
Allar-KingYoung County, TX91 BBLs323 MCFJul 2024
Barnett-DavidsonYoung County, TX0 BBLs407 MCFJul 2024
Byerly-AkersYoung County, TX0 BBLs87 MCFJul 2024
ChoateYoung County, TX31 BBLs0 MCFJul 2024
Clark EstateYoung County, TX0 BBLs980 MCFJun 2024
DawsonYoung County, TX233 BBLs2,524 MCFJul 2024
Freeman O. KYoung County, TX0 BBLs0 MCFNov 2017
GrimesYoung County, TX2 BBLs952 MCFJul 2024
HigdonYoung County, TX111 BBLs379 MCFJul 2024
HolcombYoung County, TX97 BBLs912 MCFJul 2024
HuntYoung County, TX190 BBLs206 MCFJul 2024
InglishYoung County, TX7 BBLs9,723 MCFJul 2024
LuptonYoung County, TX560 BBLs400 MCFJul 2024
Meredith-SutherlandYoung County, TX20 BBLs0 MCFJul 2024
NantzYoung County, TX2 BBLs0 MCFJun 2024
Ran-Mag UnitYoung County, TX5 BBLs0 MCFJun 2024
ReevesYoung County, TX94 BBLs0 MCFJul 2024
WrightYoung County, TX73 BBLs778 MCFJul 2024

Owners of Martin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024GANNETT OPERATING LLCMARTIN TRUST #2GANNETT OPERATING
2024ROWE GABIE SUE FAMILY TRUSTMARTIN TRUST #2GANNETT OPERATING
2024BOYD THOMAS LEEMARTIN TRUST #2GANNETT OPERATING

Oil & Gas Sales on Martin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-32963MARTIN TRUSTJul 2024PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTMay 2024PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTFeb 2024PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTNov 2023PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTJul 2023PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTApr 2023PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTJan 2023PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTNov 2022PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTAug 2022PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTJun 2022PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTFeb 2022PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTNov 2021PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTAug 2021PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTJun 2021PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTMay 2021PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTJan 2021PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTNov 2020PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTAug 2020PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTJul 2020PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTJun 2020PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTMar 2020PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTDec 2019PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTOct 2019PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTAug 2019PHILLIPS 66 COMPANYGANNETT OPERATING LLC
09-32963MARTIN TRUSTJun 2019PHILLIPS 66 COMPANYGANNETT OPERATING LLC