License To Drill

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for License To Drill

CountyMartin County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesAug 2025 - Jun 2026
Total Oil Production1,194,150 BBLs
Total Gas Production983,274 MCF
Recent Oil Production88,509 BBLs in May 2026
Recent Gas Production103,940 MCF in May 2026
Wells on Property4

Our Valuation Estimates for License To Drill

ShaleAssessment™

Not Available

MarketMultiple™

$14,539,883 **

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

Based on a decimal interest

License To Drill Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for License To Drill
from Aug 2025 to Jun 2026

Wells on License To Drill

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-46581LICENSE TO DRILL 11-47 UNIT 1DNDIAMONDBACK E&P LLCProducingMartin County, TX32.501868-101.806510
42-317-46582LICENSE TO DRILL 11-47 UNIT 2DNDIAMONDBACK E&P LLCProducingMartin County, TX32.501852-101.806587
42-317-46592LICENSE TO DRILL WEST 11-47 UNIT 4DNDIAMONDBACK E&P LLCProducingMartin County, TX32.501818-101.806746
42-317-46593LICENSE TO DRILL WEST 11-47 UNIT 5DNDIAMONDBACK E&P LLCProducingMartin County, TX32.501799-101.806823

Leases included in License To Drill

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-63741LICENSE TO DRILL WEST 11-47 UNITDIAMONDBACK E&P LLCMartin County, TX
08-63744LICENSE TO DRILL 11-47 UNITDIAMONDBACK E&P LLCMartin County, TX

Nearby Properties

These are the closest 20 properties to the License To Drill property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Blackgoldeneye 13-1Martin County, TX27,809 BBLs59,627 MCFJun 2026
BondMartin County, TX0 BBLs0 MCFDec 2025
Butchee 2Martin County, TX0 BBLs0 MCFNov 2025
CaveMartin County, TX177 BBLs358 MCFJun 2026
CaveMartin County, TX568 BBLs468 MCFJun 2026
CookMartin County, TX75 BBLs0 MCFJun 2026
Desert Door 18-6Martin County, TX22,927 BBLs65,493 MCFJun 2026
Gary Lamb 14Martin County, TX0 BBLs0 MCFSep 2024
GreenMartin County, TX0 BBLs0 MCFJul 2025
JeffcoatMartin County, TX0 BBLs0 MCFDec 2025
Lady BirdMartin County, TX0 BBLs0 MCFApr 2026
MayfieldMartin County, TX439 BBLs881 MCFJun 2026
MiddletonMartin County, TX0 BBLs0 MCFDec 2025
MullinsMartin County, TX79 BBLs0 MCFJun 2026
OaksMartin County, TX269 BBLs0 MCFJun 2026
Radliff DMartin County, TX0 BBLs0 MCFOct 2025
RufusMartin County, TX0 BBLs0 MCFJan 2026
Slaughter 7Martin County, TX0 BBLs0 MCFApr 2026
Tomcat 23-24Martin County, TX20,532 BBLs57,822 MCFJun 2026
TurnerMartin County, TX0 BBLs0 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the License To Drill property.

Company Name
Birch Operations, Inc.
Coastal Plains Energy Inc
Diamondback E&P LLC
Endeavor Energy Resources, LP
Enervest Operating LLC
Hibernia Resources IV, LLC
High Noon Resources, LLC
Houston Oil & Minerals Corp.
Maguire Oil Company
MGF Oil Corporation
Mineral Technologies, Inc.
New Height Energy, LLC
Ovintiv USA Inc.
Oxy USA Inc
Oxyrock Operating, LLC
Pioneer Natural Res. USA, Inc.
QP, Inc.
Remuda Operating Company
Southwest Royalties, Inc.
Three Rivers Operating Co II LLC

Frac'ing activity on License To Drill

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-46581License To Drill 11-47 Unit 1DN
42-317-46582License To Drill 11-47 Unit 2DN
42-317-46592License To Drill West 11-47 Unit 4DN
42-317-46593License To Drill WEST 11-47 Unit 5DN

Owners of License To Drill

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026DIAMONDBACK E&P LLCLICENSE TO DRILL 11-47 UNITDIAMONDBACK E&P LLC
2026DIAMONDBACK E&P LLCLICENSE TO DRILL W 11-47 UNITDIAMONDBACK E&P LLC
2026DIAMONDBACK E&P LLCLICENSE TO DRILL 11-47 UNITDIAMONDBACK E&P LLC
2026DIAMONDBACK E&P LLCLICENSE TO DRILL W 11-47 UNITDIAMONDBACK E&P LLC
2026VIPER ENERGY PARTNERS LLCLICENSE TO DRILL 11-47 UNITDIAMONDBACK E&P LLC
2026VIPER ENERGY PARTNERS LLCLICENSE TO DRILL W 11-47 UNITDIAMONDBACK E&P LLC
2026VIPER ENERGY PARTNERS LLCLICENSE TO DRILL W 11-47 UNITDIAMONDBACK E&P LLC
2026VIPER ENERGY PARTNERS LLCLICENSE TO DRILL 11-47 UNITDIAMONDBACK E&P LLC
Displaying 8 of 355 Owners   --   Full Ownership Data Available for Subscribers Only