Jones 2

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Jones 2

CountyMartin County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesFeb 2009 - Sep 2025
Total Oil Production134,666 BBLs
Total Gas Production199,120 MCF
Recent Oil Production806 BBLs in Aug 2025
Recent Gas Production918 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Jones 2

ShaleAssessment™

$18,397 *

MarketMultiple™

$25,561 **

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

Based on a decimal interest

Jones 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Jones 2
from Feb 2009 to Sep 2025

Wells on Jones 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-35370JONES 2 1DIAMONDBACK E&P LLCProducingMartin County, TX32.297720-101.747582
42-317-35397JONES 2 2DIAMONDBACK E&P LLCProducingMartin County, TX32.301088-101.749341

Leases included in Jones 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-39491JONES "2"DIAMONDBACK E&P LLCMartin County, TX

Nearby Properties

These are the closest 20 properties to the Jones 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AllarMartin County, TX5,536 BBLs18,530 MCFSep 2025
Bailey Wynell 35Martin County, TX452 BBLs1,488 MCFSep 2025
Big Jay 10-15Martin County, TX22,370 BBLs372,255 MCFSep 2025
Cassidy UnitMartin County, TX24,539 BBLs279,760 MCFSep 2025
DavisMartin County, TX1,925 BBLs3,948 MCFSep 2025
Ellis 36Martin County, TX0 BBLs0 MCFNov 2023
ElrodMartin County, TX1,434 BBLs3,827 MCFSep 2025
Geo-PermianMartin County, TX177 BBLs330 MCFSep 2025
Hughes 36Martin County, TX698 BBLs1,306 MCFSep 2025
JenkinsMartin County, TX715 BBLs1,308 MCFSep 2025
McAdamsMartin County, TX0 BBLs0 MCFJan 2021
McKaskleMartin County, TX2,099 BBLs11,127 MCFSep 2025
Midnight Matador 12-24Martin County, TX28,389 BBLs169,291 MCFSep 2025
PratherMartin County, TX364 BBLs1,775 MCFSep 2025
RashMartin County, TX317 BBLs0 MCFSep 2025
Ripple UnitMartin County, TX375,445 BBLs614,101 MCFAug 2025
RomineMartin County, TX546 BBLs412 MCFSep 2025
Scarlet UnitMartin County, TX103,905 BBLs330,904 MCFAug 2025
Skeet-NoretMartin County, TX864 BBLs462 MCFSep 2025
Willie The Wildcat 3-15Martin County, TX23,638 BBLs268,422 MCFSep 2025

Companies in the Area

These are the closest 20 companies operating near the Jones 2 property.

Company Name
Birch Operations, Inc.
Cobra Oil & Gas Corporation
Diamondback E&P LLC
Discovery Operating Inc
Draco Energy, Inc.
Endeavor Energy Resources, LP
Energen Resources Corporation
Forest Oil Corporation
Geonatural Resources, Inc.
Henry Petroleum Corp.
Houston Oil & Minerals Corp.
Linn Operating, Inc.
Lone Star Oil & Gas
Merit Energy Company
Otb Operating, LLC
Oxyrock Operating, LLC
Pioneer Natural Res. USA, Inc.
Rafter T Resources LLC
Scout Energy Management LLC
XTO Energy Inc.

Owners of Jones 2

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCJONES "2" #1,2,DIAMONDBACK E&P LLC
2025CROWNROCK MINERALS LPJONES "2" #1,2,DIAMONDBACK E&P LLC
2025FORTIS MINERALS II LLCJONES "2" #1,2,DIAMONDBACK E&P LLC
20251979 ROYALTIES LPJONES "2" #1,2,DIAMONDBACK E&P LLC
2025CRM 2018 LPJONES "2" #1,2,DIAMONDBACK E&P LLC
2025MERCURY MINERAL INVESTMENTSJONES "2" #1,2,DIAMONDBACK E&P LLC
2025SITIO PERMIAN LLCJONES "2" #1,2,DIAMONDBACK E&P LLC
2025MAYFIELD AIMEE NICOLEJONES "2" #1,2,DIAMONDBACK E&P LLC
Displaying 8 of 17 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Jones 2

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39491JONES "2"Mar 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-39491JONES "2"Feb 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-39491JONES "2"Nov 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Nov 2024ENERGY TRANSFER CRUDE MARKETING LLCENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Oct 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Oct 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Sep 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Sep 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Aug 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Aug 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Jul 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Jul 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Jun 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Jun 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"May 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Apr 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Apr 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Mar 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Mar 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Feb 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Feb 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Jan 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Jan 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Dec 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-39491JONES "2"Dec 2023WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.