Mildred

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Mildred

CountyMartin County, TX
OperatorDISCOVERY OPERATING INC
Production DatesJul 2010 - Apr 2025
Total Oil Production128,170 BBLs
Total Gas Production187,275 MCF
Recent Oil Production550 BBLs in Mar 2025
Recent Gas Production17 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Mildred

ShaleAssessment™

$22,257 *

MarketMultiple™

$80,180 **

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

Based on a decimal interest

Mildred Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Mildred
from Jul 2010 to Apr 2025

Wells on Mildred

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-35998MILDRED 1DISCOVERY OPERATING, INC.ProducingMartin County, TX32.279997-101.778252
42-317-36566MILDRED 2DISCOVERY OPERATING, INC.ProducingMartin County, TX32.275554-101.776797

Leases included in Mildred

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-40498MILDREDDISCOVERY OPERATING, INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Mildred property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bailey Wynell 35Martin County, TX517 BBLs2,292 MCFApr 2025
Big Jay 10-15Martin County, TX30,645 BBLs441,200 MCFApr 2025
BlockerMartin County, TX0 BBLs0 MCFJan 2025
Cassidy UnitMartin County, TX18,499 BBLs244,328 MCFApr 2025
Dark Star UnitMartin County, TX25,333 BBLs431,421 MCFApr 2025
Dire Wolf UnitMartin County, TX57,603 BBLs441,502 MCFApr 2025
ElrodMartin County, TX1,184 BBLs2,693 MCFApr 2025
FraserMartin County, TX460 BBLs0 MCFApr 2025
Glenn 9Martin County, TX246 BBLs3,169 MCFApr 2025
GuitarMartin County, TX3,608 BBLs15,226 MCFApr 2025
HarellMartin County, TX177 BBLs3,132 MCFApr 2025
JenkinsMartin County, TX1,067 BBLs2,890 MCFApr 2025
LenorahMartin County, TX19,355 BBLs220,777 MCFApr 2025
Martin-MadisonMartin County, TX516 BBLs1,552 MCFApr 2025
McAdamsMartin County, TX0 BBLs0 MCFJan 2021
Scarlet UnitMartin County, TX121,137 BBLs349,327 MCFApr 2025
Strain 19 Unit 1&2 Alloc 1933Martin County, TX6,914 BBLs40,023 MCFApr 2025
TunnellMartin County, TX10 BBLs68 MCFApr 2025
Willie The Wildcat 3-15Martin County, TX27,699 BBLs218,296 MCFApr 2025
Wilson 8Martin County, TX751 BBLs0 MCFApr 2025

Companies in the Area

These are the closest 20 companies operating near the Mildred property.

Company Name
BC Operating, Inc.
Birch Operations, Inc.
Breitburn Operating LP
Brown Tom Inc
Diamondback E&P LLC
Discovery Operating Inc
Endeavor Energy Resources, LP
Extex Operating Company
Forest Oil Corporation
Keene, Roy J. Jr.
Linn Operating, Inc.
Merit Energy Company
Owl Ops LLC
Parsley Energy Operations, LLC
Pioneer Natural Res. USA, Inc.
Prime Operating Company
Rafter T Resources LLC
Scout Energy Management LLC
Walsh & Watts Inc
XTO Energy Inc.

Owners of Mildred

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DISCOVERY OPERATING INCMILDREDDISCOVERY OPR
2024HAGGARD MILDRED MARIE IRREVMILDREDDISCOVERY OPR
2024MERCURY MINERAL INVESTMENTSMILDREDDISCOVERY OPR
2024HULL JUDITH AMILDREDDISCOVERY OPR
2024OJIBWAY JAMES PMILDREDDISCOVERY OPR
2024OJIBWAY THOMASMILDREDDISCOVERY OPR
2024BOYD ROSSMILDREDDISCOVERY OPR
2024SANTA ELENA MINERALS LPMILDREDDISCOVERY OPR

Oil & Gas Sales on Mildred

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-40498MILDREDApr 2025IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDMar 2025IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDMar 2025ET GATHERING & PROCESSING LLCDISCOVERY OPERATING, INC.
08-40498MILDREDFeb 2025IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDFeb 2025ET GATHERING & PROCESSING LLCDISCOVERY OPERATING, INC.
08-40498MILDREDJan 2025IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDDec 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDNov 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDOct 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDSep 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDAug 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDJul 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDJun 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDMay 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDApr 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDMar 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDFeb 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDJan 2024IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDDec 2023IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDDec 2023WTG GAS PROCESSING, L.P.DISCOVERY OPERATING, INC.
08-40498MILDREDNov 2023IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDOct 2023IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDSep 2023IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDAug 2023IPM CORP.DISCOVERY OPERATING, INC.
08-40498MILDREDJul 2023IPM CORP.DISCOVERY OPERATING, INC.