Martinez R

Oil & Gas Property in Zapata County, TX

Property Summary

Key data points for Martinez R

CountyZapata County, TX
OperatorARETE OPERATING COMPANY, LLC
Production DatesApr 1996 - Sep 2024
Total Oil Production4,852 BBLs
Total Gas Production2,844,602 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production1,460 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Martinez R

ShaleAssessment

$7,350 *

MarketMultiple

$794 **

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

Based on a decimal interest

Martinez R Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martinez R
from Apr 1996 to Sep 2024

Wells on Martinez R

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-505-33412MARTINEZ R. 2ARETE OPERATING COMPANY, LLCProducingZapata County, TX27.301269-99.358981
42-505-33518MARTINEZ R. 3ARETE OPERATING COMPANY, LLCProducingZapata County, TX27.297555-99.362103

Leases included in Martinez R

Lease #Lease NameOperatorCountyMonthly Gas Prod.
04-159135MARTINEZ R. 2ARETE OPERATING COMPANY, LLCZapata County, TX
04-162123MARTINEZ R. 3ARETE OPERATING COMPANY, LLCZapata County, TX

Nearby Properties

These are the closest 20 properties to the Martinez R property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alexander CharlesZapata County, TX77 BBLs30,502 MCFSep 2024
Antonio Martinez Et AlZapata County, TX2 BBLs5,472 MCFSep 2024
BrionesZapata County, TX12 BBLs7,684 MCFSep 2024
Bruni Mineral TrustWebb County, TX18 BBLs25,802 MCFSep 2024
Bruni Mineral TrustWebb County, TX14 BBLs37,591 MCFSep 2024
C-Bruni Mineral TRWebb County, TX72 BBLs28,590 MCFSep 2024
Carrillo O.PZapata County, TX0 BBLs158 MCFSep 2024
Charles AlexanderWebb County, TX3 BBLs1,332 MCFSep 2024
Isidro Moreno Et AlWebb County, TX0 BBLs3,409 MCFSep 2024
M.L.E.I. Bruni Min. TRWebb County, TX1 BBLs748 MCFSep 2024
MartinezZapata County, TX49 BBLs30,643 MCFSep 2024
MartinezWebb County, TX0 BBLs2,486 MCFSep 2024
Martinez Antonio Et AlZapata County, TX22 BBLs147 MCFSep 2024
Martinez-Alexander Gas UnitZapata County, TX0 BBLs7,028 MCFSep 2024
Martinez-Barrera GWebb County, TX6 BBLs13,088 MCFSep 2024
Moreno Isidro Et AlWebb County, TX0 BBLs4,326 MCFSep 2024
Pena HWebb County, TX0 BBLs2,299 MCFSep 2024
Rancho NuevoZapata County, TX1 BBLs17,246 MCFSep 2024
Vela J.MZapata County, TX28 BBLs22,706 MCFSep 2024
Vela-Alexander Gas UnitZapata County, TX0 BBLs2,991 MCFSep 2024

Oil & Gas Sales on Martinez R

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-159135MARTINEZ R. 2Jul 2024ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Jul 2024ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Apr 2024ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Apr 2024ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Mar 2024ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Mar 2024ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Feb 2024ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Feb 2024ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Jan 2024ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Jan 2024ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Dec 2023ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Dec 2023ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Nov 2023ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Nov 2023ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Oct 2023ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Oct 2023ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Sep 2023ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Sep 2023ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Aug 2023ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Aug 2023ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Jul 2023ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Jul 2023ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Jun 2023ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Jun 2023ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2May 2023ARETE OPERATING COMPANY, LLC