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 Production2,844,616 MCF
Recent Oil Production0 BBLs in Sep 2024
Recent Gas Production370 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Martinez R

ShaleAssessment

$7,350 *

MarketMultiple

$838 **

* 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, TX44 BBLs29,680 MCFOct 2024
Antonio Martinez Et AlZapata County, TX0 BBLs3,427 MCFOct 2024
BrionesZapata County, TX9 BBLs7,554 MCFOct 2024
Bruni Mineral TrustWebb County, TX194 BBLs25,519 MCFOct 2024
Bruni Mineral TrustWebb County, TX15 BBLs35,118 MCFOct 2024
C-Bruni Mineral TRWebb County, TX56 BBLs29,913 MCFOct 2024
Carrillo O.PZapata County, TX0 BBLs139 MCFOct 2024
Charles AlexanderWebb County, TX2 BBLs1,051 MCFSep 2024
Isidro Moreno Et AlWebb County, TX0 BBLs3,062 MCFOct 2024
M.L.E.I. Bruni Min. TRWebb County, TX4 BBLs753 MCFOct 2024
MartinezWebb County, TX1 BBLs2,311 MCFOct 2024
MartinezZapata County, TX0 BBLs28,656 MCFOct 2024
Martinez Antonio Et AlZapata County, TX0 BBLs616 MCFOct 2024
Martinez-Alexander Gas UnitZapata County, TX0 BBLs6,569 MCFOct 2024
Martinez-Barrera GWebb County, TX0 BBLs12,888 MCFSep 2024
Moreno Isidro Et AlWebb County, TX0 BBLs4,133 MCFOct 2024
Pena HWebb County, TX0 BBLs2,413 MCFSep 2024
Rancho NuevoZapata County, TX0 BBLs16,304 MCFOct 2024
Vela J.MZapata County, TX1 BBLs21,381 MCFOct 2024
Vela-Alexander Gas UnitZapata County, TX0 BBLs2,940 MCFOct 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