Drum 23

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Drum 23

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesJul 2012 - Nov 2025
Total Oil Production79,171 BBLs
Total Gas Production123,915 MCF
Recent Oil Production244 BBLs in Oct 2025
Recent Gas Production724 MCF in Oct 2025
Wells on Property2

Our Valuation Estimates for Drum 23

ShaleAssessment

$10,184 *

MarketMultiple

$28,552 **

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

Based on a decimal interest

Drum 23 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Drum 23
from Jul 2012 to Nov 2025

Wells on Drum 23

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-37402DRUM 23 1OVINTIV USA INC.ProducingMartin County, TX32.499440-102.046573
42-317-37403DRUM 23 2OVINTIV USA INC.ProducingMartin County, TX32.494484-102.045067

Leases included in Drum 23

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-42831DRUM 23OVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Drum 23 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alpine 258Martin County, TX296,490 BBLs201,487 MCFNov 2025
CerezaMartin County, TX387 BBLs0 MCFNov 2025
Charlie 6Martin County, TX277 BBLs905 MCFNov 2025
DeatherageMartin County, TX104 BBLs275 MCFNov 2025
East Milagro UnitMartin County, TX768 BBLs0 MCFNov 2025
FolknerMartin County, TX47 BBLs0 MCFNov 2025
Gaynelle 24Martin County, TX227 BBLs1,080 MCFNov 2025
HightowerMartin County, TX938 BBLs1,069 MCFNov 2025
IntegrityMartin County, TX140,454 BBLs148,842 MCFNov 2025
John ScottMartin County, TX188 BBLs50 MCFNov 2025
JohnsonMartin County, TX0 BBLs0 MCFJan 2024
Loftin 7Martin County, TX643 BBLs657 MCFNov 2025
MimmsMartin County, TX160 BBLs77 MCFNov 2025
Shook Homer L. -AMartin County, TX256 BBLs0 MCFNov 2025
SnellMartin County, TX482 BBLs0 MCFNov 2025
Topeak 12Martin County, TX502 BBLs655 MCFNov 2025
TurnbowMartin County, TX29 BBLs0 MCFNov 2025
VoglerMartin County, TX1,271 BBLs2,294 MCFNov 2025
WadeMartin County, TX79 BBLs74 MCFNov 2025
Wade EstateMartin County, TX1,185 BBLs1,228 MCFNov 2025

Frac'ing activity on Drum 23

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-37402Drum 23 #1
42-317-37403Drum 23 #2

Owners of Drum 23

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025OVINTIV USA INCDRUM 23OVINTIV USA INC
2025PHILLIPS ELNORADRUM 23OVINTIV USA INC
2025OGX MINERALS LPDRUM 23OVINTIV USA INC
2025SANTA ELENA MINERALS IV LPDRUM 23OVINTIV USA INC
20251025 INVESTMENTS LLCDRUM 23OVINTIV USA INC
2025MITCHELL JAMES FAM TSTDRUM 23OVINTIV USA INC
2025MITCHELL JERRYDRUM 23OVINTIV USA INC
2025ROBASON LAURADRUM 23OVINTIV USA INC
Displaying 8 of 17 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Drum 23

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-42831DRUM 23Dec 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Nov 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Nov 2025OVINTIV USA INC.
08-42831DRUM 23Oct 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Oct 2025OVINTIV USA INC.
08-42831DRUM 23Sep 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Sep 2025OVINTIV USA INC.
08-42831DRUM 23Aug 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Aug 2025OVINTIV USA INC.
08-42831DRUM 23Jul 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Jun 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Jun 2025OVINTIV USA INC.
08-42831DRUM 23May 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23May 2025OVINTIV USA INC.
08-42831DRUM 23Apr 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Apr 2025OVINTIV USA INC.
08-42831DRUM 23Mar 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Feb 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Jan 2025OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Dec 2024OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Dec 2024DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-42831DRUM 23Nov 2024OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Oct 2024OVINTIV USA INC.OVINTIV USA INC.
08-42831DRUM 23Oct 2024DCP OPERATING COMPANY, LPOVINTIV USA INC.
08-42831DRUM 23Sep 2024OVINTIV USA INC.OVINTIV USA INC.