Martinsen Unit

Oil & Gas Property in Lavaca County, TX

  2. Texas
  3. Lavaca County, TX
  4. Oil & Gas Properties in Lavaca County, TX
  5. Martinsen Unit Oil & Gas Property

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Property Summary

Key data points for Martinsen Unit

CountyLavaca County, TX
OperatorBAYTEX ENERGY USA, INC.
Production DatesMar 2013 - Jun 2025
Total Oil Production556,620 BBLs
Total Gas Production2,364,483 MCF
Recent Oil Production417 BBLs in May 2025
Recent Gas Production1,683 MCF in May 2025
Wells on Property3

Our Valuation Estimates for Martinsen Unit

ShaleAssessment™

$26,991 *

MarketMultiple™

$83,528 **

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

Based on a decimal interest

Martinsen Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martinsen Unit
from Mar 2013 to Jun 2025

Wells on Martinsen Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-285-33677MARTINSEN UNIT 1HBaytex Energy USA, Inc.ProducingLavaca County, TX29.463613-97.154387
42-285-33767MARTINSEN UNIT 2HBaytex Energy USA, Inc.ProducingLavaca County, TX29.463700-97.154340
42-285-33771MARTINSEN UNIT 3HBaytex Energy USA, Inc.ProducingLavaca County, TX29.463669-97.154308

Leases included in Martinsen Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-10497MARTINSEN UNITBaytex Energy USA, Inc.Lavaca County, TX
02-297739MARTINSEN UNIT 2HBaytex Energy USA, Inc.Lavaca County, TX
02-297740MARTINSEN UNIT 3HBaytex Energy USA, Inc.Lavaca County, TX
02-297741MARTINSEN UNIT 1HBaytex Energy USA, Inc.Lavaca County, TX

Nearby Properties

These are the closest 20 properties to the Martinsen Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArrokothLavaca County, TX13,474 BBLs62,501 MCFJun 2025
BruciteLavaca County, TX4,145 BBLs7,530 MCFJun 2025
CoyoteLavaca County, TX2,479 BBLs7,323 MCFJun 2025
ElnathLavaca County, TX42,350 BBLs77,274 MCFJun 2025
ErosLavaca County, TX5,562 BBLs9,642 MCFJun 2025
HeatwaveLavaca County, TX2,263 BBLs6,289 MCFJun 2025
Hinze UnitLavaca County, TX1,715 BBLs5,614 MCFJun 2025
JackalopeLavaca County, TX1,299 BBLs4,438 MCFJun 2025
Kosmo UnitLavaca County, TX185 BBLs113 MCFJun 2025
Leal UnitLavaca County, TX181 BBLs465 MCFJun 2025
Matias UnitLavaca County, TX625 BBLs3,904 MCFJun 2025
Mixon 1HLavaca County, TX752 BBLs1,922 MCFJun 2025
Netardus UnitLavaca County, TX648 BBLs1,973 MCFJun 2025
Othold-Martinsen (Sa) UnitLavaca County, TX494 BBLs1,188 MCFJun 2025
RBK UnitLavaca County, TX812 BBLs1,318 MCFJun 2025
RheaLavaca County, TX7,019 BBLs7,984 MCFJun 2025
Sharktooth (Sa) UnitLavaca County, TX1,654 BBLs5,209 MCFJun 2025
Technik UnitLavaca County, TX424 BBLs826 MCFJun 2025
Werner 1HLavaca County, TX4,230 BBLs24,144 MCFJun 2025
Wild Hare UnitLavaca County, TX286 BBLs2,261 MCFJun 2025

Companies in the Area

These are the closest 12 companies operating near the Martinsen Unit property.

Company Name
Baytex Energy USA, Inc.
Devon Energy Production Company LP
EOG Resources, Inc.
Geosouthern Energy Corporation
Marathon Oil Ef LLC
Matrix Petroleum, LLC
Penn VIrginia Oil & Gas, L.P.
Rocky Creek Resources, LLC
Silver Hill Energy Operating, LLC
Silverbow Resources Oper, LLC
SN Operating, LLC
Tidal Petroleum, Inc.

Frac'ing activity on Martinsen Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-285-33677Martinsen Unit #1H
42-285-33767Martinsen 2H
42-285-33771Martinsen 3H

Owners of Martinsen Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BAYTEX ENERGY USA INCMARTINSEN UNIT W#2HBAYTEX ENERGY USA
2025K K & T INTERESTS LLCMARTINSEN UNIT W#2HBAYTEX ENERGY USA
2025BAYTEX ENERGY USA INCMARTINSEN UNIT W#3HBAYTEX ENERGY USA
2025HINZE ELLEN AMARTINSEN UNIT W#2HBAYTEX ENERGY USA
2025ROLLING F FARMS LTDMARTINSEN UNIT W#2HBAYTEX ENERGY USA
2025MALIK CAROLYNMARTINSEN UNIT W#2HBAYTEX ENERGY USA
2025BURLINGTON RESOURCES OIL & GASMARTINSEN UNIT W#2HBAYTEX ENERGY USA
2025TARGAC JEANETTE MENDELMARTINSEN UNIT W#2HBAYTEX ENERGY USA
Displaying 8 of 75 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Martinsen Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-297740MARTINSEN UNIT 3HMar 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HMar 2025TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HMar 2025TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HMar 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HMar 2025BAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HMar 2025BAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HMar 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HFeb 2025BAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HFeb 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HFeb 2025TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297740MARTINSEN UNIT 3HFeb 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HFeb 2025BAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HFeb 2025TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HFeb 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HJan 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HJan 2025BAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HJan 2025TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HJan 2025TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HJan 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HJan 2025BAYTEX ENERGY USA, INC.
02-297740MARTINSEN UNIT 3HJan 2025REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297740MARTINSEN UNIT 3HDec 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297739MARTINSEN UNIT 2HDec 2024TEXON CRUDE OIL LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HDec 2024REPUBLIC GATHERING AND MARKETING LLCBAYTEX ENERGY USA, INC.
02-297741MARTINSEN UNIT 1HDec 2024BAYTEX ENERGY USA, INC.