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 - Apr 2025
Total Oil Production555,850 BBLs
Total Gas Production2,361,294 MCF
Recent Oil Production494 BBLs in Mar 2025
Recent Gas Production3,881 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for Martinsen Unit

ShaleAssessment™

$27,629 *

MarketMultiple™

$106,879 **

* 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 Apr 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, TX15,778 BBLs71,298 MCFApr 2025
BruciteLavaca County, TX4,357 BBLs7,981 MCFApr 2025
CoyoteLavaca County, TX2,521 BBLs6,981 MCFApr 2025
ErosLavaca County, TX6,706 BBLs10,048 MCFApr 2025
HeatwaveLavaca County, TX1,827 BBLs8,445 MCFApr 2025
Hinze UnitLavaca County, TX1,505 BBLs9,157 MCFApr 2025
JackalopeLavaca County, TX1,528 BBLs3,948 MCFApr 2025
Kosmo UnitLavaca County, TX175 BBLs126 MCFApr 2025
Leal UnitLavaca County, TX681 BBLs532 MCFApr 2025
Matias UnitLavaca County, TX383 BBLs2,129 MCFApr 2025
Mixon 1HLavaca County, TX834 BBLs1,522 MCFApr 2025
Netardus UnitLavaca County, TX776 BBLs3,218 MCFApr 2025
Othold-Martinsen (Sa) UnitLavaca County, TX718 BBLs5,160 MCFApr 2025
Porter UnitLavaca County, TX1,580 BBLs4,369 MCFApr 2025
RBK UnitLavaca County, TX1,242 BBLs3,570 MCFApr 2025
RheaLavaca County, TX1,768 BBLs31,917 MCFApr 2025
Scully SaLavaca County, TX4,234 BBLs19,178 MCFApr 2025
Sharktooth (Sa) UnitLavaca County, TX1,776 BBLs9,680 MCFApr 2025
Technik UnitLavaca County, TX329 BBLs697 MCFApr 2025
Werner 1HLavaca County, TX4,814 BBLs28,784 MCFMar 2025

Companies in the Area

These are the closest 11 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
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
2024BAYTEX ENERGY USA INCMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024BAYTEX ENERGY USA INCMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024BAYTEX ENERGY USA INCMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024BAYTEX ENERGY USA INCMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
2024TROJCAK SHIRLEY A & CAROLE PMARTINSEN UNIT W#1H-3HBAYTEX ENERGY USA
Displaying 8 of 140 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.