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 - Dec 2024
Total Oil Production4,852 BBLs
Total Gas Production2,845,452 MCF
Recent Oil Production0 BBLs in Nov 2024
Recent Gas Production376 MCF in Nov 2024
Wells on Property2

Our Valuation Estimates for Martinez R

ShaleAssessment

$7,052 *

MarketMultiple

$905 **

* 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 Dec 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, TX71 BBLs30,741 MCFDec 2024
Antonio Martinez Et AlZapata County, TX7 BBLs3,607 MCFDec 2024
BrionesZapata County, TX14 BBLs7,982 MCFDec 2024
Bruni Mineral TrustWebb County, TX105 BBLs24,100 MCFDec 2024
Bruni Mineral TrustWebb County, TX8 BBLs35,144 MCFDec 2024
C-Bruni Mineral TRWebb County, TX68 BBLs29,721 MCFNov 2024
Carrillo O.PZapata County, TX0 BBLs224 MCFDec 2024
Charles AlexanderWebb County, TX2 BBLs1,397 MCFDec 2024
Isidro Moreno Et AlWebb County, TX0 BBLs3,047 MCFDec 2024
M.L.E.I. Bruni Min. TRWebb County, TX2 BBLs663 MCFDec 2024
MartinezZapata County, TX0 BBLs27,203 MCFDec 2024
MartinezWebb County, TX0 BBLs2,041 MCFDec 2024
Martinez Antonio Et AlZapata County, TX35 BBLs537 MCFDec 2024
Martinez-Alexander Gas UnitZapata County, TX0 BBLs7,323 MCFDec 2024
Martinez-Barrera GWebb County, TX2 BBLs12,821 MCFDec 2024
Moreno Isidro Et AlWebb County, TX0 BBLs5,000 MCFDec 2024
Pena HWebb County, TX0 BBLs0 MCFDec 2024
Rancho NuevoZapata County, TX0 BBLs16,289 MCFDec 2024
Vela J.MZapata County, TX0 BBLs21,624 MCFDec 2024
Vela-Alexander Gas UnitZapata County, TX0 BBLs2,922 MCFDec 2024

Oil & Gas Sales on Martinez R

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-159135MARTINEZ R. 2Sep 2024ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Sep 2024ARETE OPERATING COMPANY, LLC
04-159135MARTINEZ R. 2Aug 2024ARETE OPERATING COMPANY, LLC
04-162123MARTINEZ R. 3Aug 2024ARETE OPERATING COMPANY, LLC
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