Clements

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Clements

CountyMartin County, TX
Production DatesApr 2008 - Jul 2025
Total Oil Production123,620 BBLs
Total Gas Production318,733 MCF
Recent Oil Production99 BBLs in Jun 2025
Recent Gas Production0 MCF in Jun 2025
Wells on Property3

Our Valuation Estimates for Clements

ShaleAssessment

$15,182 *

MarketMultiple

$13,275 **

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

Based on a decimal interest

Clements Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Clements
from Apr 2008 to Jul 2025

Wells on Clements

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-32628CLEMENTS, EUGENE F. 1ALTA ENERGY CORPORATIONPlugged Oil WellMartin County, TX32.149655-101.802813
42-317-35093CLEMENTS 2PETROPLEX ENERGY INC.ProducingMartin County, TX32.154401-101.803018
42-317-35094CLEMENTS 1PETROPLEX ENERGY INC.ProducingMartin County, TX32.152834-101.809540

Leases included in Clements

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-18277CLEMENTSUNION OIL COMPANY OF CALIFORNIAMartin County, TX
08-27951CLEMENTS, EUGENE F.ALTA ENERGY CORPORATIONMartin County, TX
08-39001CLEMENTSPETROPLEX ENERGY INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Clements property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong 12Martin County, TX490 BBLs512 MCFJul 2025
BillingtonMartin County, TX0 BBLs0 MCFApr 2025
Chesser 12Martin County, TX536 BBLs0 MCFJul 2025
Claire 48-37Martin County, TX6,312 BBLs10,009 MCFJul 2025
FlanaganMartin County, TX506 BBLs1,328 MCFJul 2025
Flanagan Annie Oil ManagementMartin County, TX0 BBLs0 MCFMay 2025
Frances 12Martin County, TX26,387 BBLs154,399 MCFJul 2025
Freddy The Falcon 2-11Martin County, TX22,897 BBLs224,022 MCFJul 2025
Hall 11Martin County, TX612 BBLs4,723 MCFJul 2025
HarrellMartin County, TX297 BBLs1,838 MCFJul 2025
Hightower 10Martin County, TX54,346 BBLs196,049 MCFJul 2025
KoonceMartin County, TX407 BBLs896 MCFJul 2025
Marienfeld 13Martin County, TX24,512 BBLs142,435 MCFJul 2025
McAlpine-GrishamMartin County, TX52,440 BBLs348,676 MCFJul 2025
MeekMartin County, TX57 BBLs754 MCFJul 2025
PetersMartin County, TX25,805 BBLs129,473 MCFJul 2025
PorterMartin County, TX327 BBLs997 MCFJul 2025
TerrellMartin County, TX414 BBLs3,267 MCFJul 2025
WheelerMartin County, TX353 BBLs0 MCFJul 2025
YaterMartin County, TX31,320 BBLs172,337 MCFJul 2025

Owners of Clements

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PETROPLEX ENERGY INCCLEMENTS #1,2PETROPLEX ENERGY INC

Oil & Gas Sales on Clements

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39001CLEMENTSApr 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSMar 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSFeb 2025SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSJan 2025DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39001CLEMENTSDec 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSOct 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSSep 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSAug 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSJul 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSJun 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSMay 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39001CLEMENTSMay 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSApr 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSApr 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39001CLEMENTSMar 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSMar 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39001CLEMENTSFeb 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39001CLEMENTSFeb 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSJan 2024SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSJan 2024DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39001CLEMENTSDec 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSDec 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39001CLEMENTSNov 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.
08-39001CLEMENTSNov 2023DCP OPERATING COMPANY, LPPETROPLEX ENERGY, INC.
08-39001CLEMENTSOct 2023SHELL TRADING (US) COMPANYPETROPLEX ENERGY, INC.