Billy 135

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Billy 135 Oil & Gas Property

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Property Summary

Key data points for Billy 135

CountyMartin County, TX
OperatorOWL OPS LLC
Production DatesApr 2014 - Jun 2026
Total Oil Production195,972 BBLs
Total Gas Production736,276 MCF
Recent Oil Production335 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property4

Our Valuation Estimates for Billy 135

ShaleAssessment™

$19,825 *

MarketMultiple™

$64,414 **

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

Based on a decimal interest

Billy 135 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Billy 135
from Apr 2014 to Jun 2026

Wells on Billy 135

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-39151BILLY 135 1Owl Ops LLCShut InMartin County, TX32.317028-102.075654
42-317-39756BILLY 135 2Owl Ops LLCProducingMartin County, TX32.313654-102.074905
42-317-40954BILLY 135A 3Owl Ops LLCProducingMartin County, TX32.309531-102.073562
42-317-41388BILLY 135A 4Owl Ops LLCProducingMartin County, TX32.305451-102.072285

Leases included in Billy 135

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-44935BILLY 135Owl Ops LLCMartin County, TX
08-51439BILLY 135AOwl Ops LLCMartin County, TX

Nearby Properties

These are the closest 20 properties to the Billy 135 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlldaleMartin County, TX21,876 BBLs30,709 MCFJun 2026
CoffieldMartin County, TX0 BBLs0 MCFJul 2023
Elizabeth Anne 134Martin County, TX57,563 BBLs162,672 MCFJun 2026
Fearless 136-137 AMartin County, TX2,891 BBLs3,631 MCFJun 2026
FullerMartin County, TX114 BBLs0 MCFJun 2026
Fuller Thomas & OdellMartin County, TX340 BBLs0 MCFJun 2026
Glaze J. LMartin County, TX496 BBLs73 MCFJun 2026
HR 320Martin County, TX2,762 BBLs28,718 MCFJun 2026
Katherine Dawn 133-247Martin County, TX85,419 BBLs210,062 MCFJun 2026
Madeleine Faye 133-137Martin County, TX85,699 BBLs195,323 MCFJun 2026
MadisonMartin County, TX809 BBLs1,187 MCFJun 2026
Northeast ScharbauerMartin County, TX29,000 BBLs97,106 MCFJun 2026
Orson-Billy 139Martin County, TX24,438 BBLs60,404 MCFJun 2026
Paper Rings 136-137 AMartin County, TX2,489 BBLs2,170 MCFJun 2026
TateMartin County, TX1,073 BBLs1,278 MCFJun 2026
WelchMartin County, TX0 BBLs0 MCFFeb 2026
WetselMartin County, TX341 BBLs39 MCFJun 2026
WolcottMartin County, TX151 BBLs0 MCFJun 2026
Wolcott CampbellMartin County, TX11,997 BBLs40,732 MCFJun 2026
York-Law 139Martin County, TX30,842 BBLs115,213 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Billy 135 property.

Company Name
Carlow Corp.
Diamondback E&P LLC
Discovery Operating Inc
Encana Oil & Gas (USA) Inc.
Endeavor Energy Resources, LP
Energen Resources Corporation
Extex Operating Company
Henry Petroleum Corp.
Hibernia Resources IV, LLC
Limestone Exploration, LLC
Meadco Properties
MGF Oil Corporation
Ovintiv USA Inc.
Oxyrock Operating, LLC
Parker & Parsley Development Co.
Parker & Parsley Development L.P
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
Reatta Energy, Inc.
Stephens, Autry C.

Frac'ing activity on Billy 135

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-39151Billy 135 #1
42-317-40954Billy 135A-3
42-317-41388Billy 135A-4

Owners of Billy 135

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026OWL OPS LLCBILLY 135AOWL OPS
2026OWL OPS LLCBILLY 135OWL OPS
2026INNERARITY FAMILY MINERALS LLCBILLY 135OWL OPS
2026TEXAS PACIFIC ROYALTY ACQ LLCBILLY 135OWL OPS
2026INNERARITY FAMILY MINERALS LLCBILLY 135AOWL OPS
2026SAXUM PERMIAN I LLCBILLY 135OWL OPS
2026TUNDRA AD3 LPBILLY 135OWL OPS
2026SAXUM PERMIAN I LLCBILLY 135AOWL OPS
Displaying 8 of 35 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Billy 135

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-44935BILLY 135Jun 2026OCCIDENTAL ENERGY MARKETING, INC.OWL OPS LLC
08-44935BILLY 135May 2026OCCIDENTAL ENERGY MARKETING, INC.OWL OPS LLC
08-44935BILLY 135Apr 2026OCCIDENTAL ENERGY MARKETING, INC.OWL OPS LLC
08-44935BILLY 135Mar 2026OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-51439BILLY 135AMar 2026OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-44935BILLY 135Mar 2026WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-51439BILLY 135AMar 2026WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-44935BILLY 135Feb 2026WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-51439BILLY 135AFeb 2026OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-44935BILLY 135Feb 2026OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-51439BILLY 135AFeb 2026WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-44935BILLY 135Jan 2026OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-44935BILLY 135Jan 2026WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-51439BILLY 135AJan 2026OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-51439BILLY 135AJan 2026WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-44935BILLY 135Dec 2025OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-44935BILLY 135Dec 2025WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-51439BILLY 135ADec 2025OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-51439BILLY 135ADec 2025WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-44935BILLY 135Nov 2025OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-51439BILLY 135ANov 2025OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-51439BILLY 135ANov 2025WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-44935BILLY 135Nov 2025WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC
08-51439BILLY 135AOct 2025OCCIDENTAL ENERGY MARKETING, INC.OXYROCK OPERATING, LLC
08-51439BILLY 135AOct 2025WTG GAS PROCESSING, L.P.OXYROCK OPERATING, LLC