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 - Oct 2025
Total Oil Production272,529 BBLs
Total Gas Production180,990 MCF
Recent Oil Production92,394 BBLs in Sep 2025
Recent Gas Production60,495 MCF in Sep 2025
Wells on Property4

Our Valuation Estimates for License To Drill

ShaleAssessment™

Not Available

MarketMultiple™

$2,955,356 **

* 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 Oct 2025

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, TX51,770 BBLs55,133 MCFOct 2025
BondMartin County, TX31 BBLs0 MCFOct 2025
Butchee 2Martin County, TX909 BBLs1,190 MCFSep 2025
CaveMartin County, TX133 BBLs371 MCFOct 2025
CaveMartin County, TX493 BBLs485 MCFOct 2025
CookMartin County, TX555 BBLs981 MCFOct 2025
Desert Door 18-6Martin County, TX30,276 BBLs58,318 MCFOct 2025
Gary Lamb 14Martin County, TX0 BBLs0 MCFSep 2024
GreenMartin County, TX0 BBLs0 MCFJul 2025
JeffcoatMartin County, TX45 BBLs0 MCFOct 2025
Lady BirdMartin County, TX0 BBLs0 MCFNov 2025
MayfieldMartin County, TX701 BBLs2,734 MCFOct 2025
MiddletonMartin County, TX150 BBLs0 MCFOct 2025
MullinsMartin County, TX0 BBLs0 MCFJul 2025
OaksMartin County, TX49 BBLs0 MCFOct 2025
Radliff DMartin County, TX20 BBLs0 MCFOct 2025
RufusMartin County, TX304 BBLs5,076 MCFOct 2025
Slaughter 7Martin County, TX433 BBLs621 MCFOct 2025
Tomcat 23-24Martin County, TX27,476 BBLs55,475 MCFOct 2025
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
High Noon Resources, LLC
Houston Oil & Minerals Corp.
Maguire Oil Company
MGF Oil Corporation
Mineral Technologies, Inc.
Ovintiv USA Inc.
Oxy USA Inc
Oxyrock Operating, LLC
Pbex-MCM Operating, LLC
Pioneer Natural Res. USA, Inc.
QP, Inc.
Remuda Operating Company
Scout Energy Management LLC
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