Driftwood W Unit

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Driftwood W Unit Oil & Gas Property

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Property Summary

Key data points for Driftwood W Unit

CountyMartin County, TX
Production DatesOct 2023 - Jan 2024
Total Oil Production776,180 BBLs
Total Gas Production807,822 MCF
Recent Oil Production240,702 BBLs in Dec 2023
Recent Gas Production254,157 MCF in Dec 2023
Wells on Property13

Our Valuation Estimates for Driftwood W Unit

ShaleAssessment™

Not Available

MarketMultiple™

$10,987,607 **

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

Based on a decimal interest

Driftwood W Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Driftwood W Unit
from Oct 2023 to Jan 2024

Wells on Driftwood W Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-45074DRIFTWOOD W UNIT C 2LSPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.411892-101.945124
42-317-45075DRIFTWOOD W UNIT C 2JMOVINTIV USA INC.ProducingMartin County, TX32.411865-101.945250
42-317-45076DRIFTWOOD W UNIT C 2WBPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.411878-101.945187
42-317-45077DRIFTWOOD W UNIT D 3LSOVINTIV USA INC.ProducingMartin County, TX32.411824-101.945438
42-317-45078DRIFTWOOD W UNIT D 3WAPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.411851-101.945313
42-317-45079DRIFTWOOD W UNIT B 2WAPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.413510-101.941554
42-317-45080DRIFTWOOD W UNIT D 2MSOVINTIV USA INC.ProducingMartin County, TX32.411812-101.945502
42-317-45081DRIFTWOOD W UNIT A 1JMPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.413578-101.941240
42-317-45082DRIFTWOOD W UNIT D 3WBOVINTIV USA INC.ProducingMartin County, TX32.411838-101.945376
42-317-45083DRIFTWOOD W UNIT A 1WBPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.413537-101.941428
42-317-45084DRIFTWOOD W UNIT A 1LSPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.413551-101.941366
42-317-45085DRIFTWOOD W UNIT B 1MSPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.413524-101.941491
42-317-45090DRIFTWOOD W UNIT A 1WAPETROLEGACY ENERGY II, LLCHorizontal Well Surface LocatioMartin County, TX32.413564-101.941303

Leases included in Driftwood W Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-59484DRIFTWOOD W UNIT DOVINTIV USA INC.Martin County, TX
08-59598DRIFTWOOD W UNIT COVINTIV USA INC.Martin County, TX

Operators Associated With Driftwood W Unit

Nearby Properties

These are the closest 20 properties to the Driftwood W Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarronMartin County, TX209 BBLs0 MCFJan 2024
Bear Mountain 13-16eMartin County, TX1,237 BBLs968 MCFJan 2024
BenderMartin County, TX25,728 BBLs42,865 MCFJan 2024
Claire 252Martin County, TX31,391 BBLs45,588 MCFJan 2024
Finch 252Martin County, TX0 BBLs0 MCFJan 2024
HaleMartin County, TX613 BBLs146 MCFJan 2024
HallMartin County, TX193 BBLs0 MCFJan 2024
Jamie Salinas W UnitMartin County, TX183,327 BBLs174,749 MCFJan 2024
Johnson 22-23 1Martin County, TX435 BBLs0 MCFJan 2024
LucasMartin County, TX1,236 BBLs2,214 MCFJan 2024
NimitzMartin County, TX29,133 BBLs50,673 MCFJan 2024
Phoenix Grayburg UnitMartin County, TX446 BBLs0 MCFJan 2024
StephensMartin County, TX554 BBLs1,845 MCFJan 2024
StriplingMartin County, TX0 BBLs0 MCFJun 2023
SXSW E UnitMartin County, TX72,705 BBLs81,186 MCFJan 2024
SXSW W UnitMartin County, TX49,183 BBLs72,498 MCFJan 2024
ThomasMartin County, TX158 BBLs520 MCFJan 2024
Vernon 20Martin County, TX567 BBLs0 MCFDec 2023
Vernon 252Martin County, TX28,367 BBLs40,660 MCFJan 2024
WoodwardMartin County, TX7 BBLs0 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Driftwood W Unit property.

Company Name
Avra Oil Co
Beach Exploration, Inc.
Black Arrow Operating, LLC
Central Texas Operating, Inc.
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Extex Operating Company
Henry Petroleum Corp.
Houston Oil & Minerals Corp.
Kindred Petroleum Company
Lario Oil & Gas Company
Legacy Reserves Operating LP
MGF Oil Corporation
Nitro Oil & Gas, LLC
Ovintiv USA Inc.
Parsley Energy Operations, LLC
Petrolegacy Energy II, LLC
R K Petroleum Corp.
Triple "N" Services, Inc.

Oil & Gas Sales on Driftwood W Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
08-59484DRIFTWOOD W UNIT DDec 2023DK TRADING & SUPPLY, LLCOVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CDec 2023DK TRADING & SUPPLY, LLCOVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DNov 2023OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DNov 2023OVINTIV USA INC.OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DNov 2023DK TRADING & SUPPLY, LLCOVINTIV USA INC.
08-59598DRIFTWOOD W UNIT CNov 2023DK TRADING & SUPPLY, LLCOVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DOct 2023OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DOct 2023OVINTIV USA INC.OVINTIV USA INC.
08-59484DRIFTWOOD W UNIT DOct 2023DK TRADING & SUPPLY, LLCOVINTIV USA INC.