Pennybacker

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Pennybacker

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesFeb 2023 - Apr 2025
Total Oil Production1,273,590 BBLs
Total Gas Production1,501,524 MCF
Recent Oil Production19,409 BBLs in Mar 2025
Recent Gas Production39,859 MCF in Mar 2025
Wells on Property7

Our Valuation Estimates for Pennybacker

ShaleAssessment

Not Available

MarketMultiple

$3,207,839 **

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

Based on a decimal interest

Pennybacker Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Pennybacker
from Feb 2023 to Apr 2025

Wells on Pennybacker

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-44131PENNYBACKER E UNIT 1WAOVINTIV USA INC.ProducingMartin County, TX32.467917-101.860797
42-317-44132PENNYBACKER E UNIT 1LSOVINTIV USA INC.ProducingMartin County, TX32.467884-101.860954
42-317-44133PENNYBACKER E UNIT 2WAOVINTIV USA INC.ProducingMartin County, TX32.467867-101.861033
42-317-44253PENNYBACKER W ALLOCATION 1LSOVINTIV USA INC.ProducingMartin County, TX32.466427-101.867337
42-317-44254PENNYBACKER W UNIT 1WAOVINTIV USA INC.ProducingMartin County, TX32.466413-101.867399
42-317-44255PENNYBACKER W UNIT 2LSOVINTIV USA INC.ProducingMartin County, TX32.466386-101.867525
42-317-44256PENNYBACKER W UNIT 2WAOVINTIV USA INC.ProducingMartin County, TX32.466373-101.867588

Leases included in Pennybacker

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-58462PENNYBACKER E UNITOVINTIV USA INC.Martin County, TX
08-58691PENNYBACKER W UNITOVINTIV USA INC.Martin County, TX
08-58852PENNYBACKER W ALLOCATIONOVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Pennybacker property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AbraxasMartin County, TX1,138 BBLs0 MCFApr 2025
ArnoldMartin County, TX5,485 BBLs10,294 MCFApr 2025
Baby Face Nelson Unit 17-8Martin County, TX3,054 BBLs6,383 MCFApr 2025
BalconesMartin County, TX52,483 BBLs120,553 MCFApr 2025
Big Red Unit 75-82Martin County, TX534 BBLs1,157 MCFApr 2025
Deatherege 18Martin County, TX0 BBLs0 MCFJul 2023
Fightin Chicken Unit 17-19Martin County, TX3,057 BBLs15,942 MCFApr 2025
Jones 83Martin County, TX373 BBLs0 MCFApr 2025
MiddletonMartin County, TX103 BBLs0 MCFApr 2025
Moses Trust 69Martin County, TX489 BBLs0 MCFMar 2025
Salt LickMartin County, TX6,304 BBLs16,013 MCFApr 2025
Shake And Bake Unit 74-69Martin County, TX3,152 BBLs7,774 MCFApr 2025
SlaughterMartin County, TX194 BBLs0 MCFApr 2025
Slingshot Engaged Unit 75-82Martin County, TX4,810 BBLs4,987 MCFApr 2025
Spider Monkey Unit 17-19Martin County, TX1,861 BBLs7,421 MCFApr 2025
Stevie Ray EMartin County, TX10,343 BBLs23,257 MCFApr 2025
Stevie Ray W AllocationMartin County, TX3,191 BBLs5,089 MCFApr 2025
Texas Ranger Unit 17-19Martin County, TX3,105 BBLs13,061 MCFApr 2025
Thirsty GoatMartin County, TX14,013 BBLs36,459 MCFApr 2025
Walker Unit 16-20Martin County, TX5,260 BBLs13,707 MCFApr 2025

Frac'ing activity on Pennybacker

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-44131Pennybacker W Unit 1WA
42-317-44131Pennybacker East Unit 1WA
42-317-44132Pennybacker East Unit 1LS
42-317-44133Pennybacker East Unit 2WA
42-317-44253Pennybacker West Allocation 1LS
42-317-44254Pennybacker W Unit 1WA
42-317-44255Pennybacker W Unit 2LS
42-317-44256Pennybacker W Unit 2WA

Owners of Pennybacker

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OVINTIV USA INCPENNYBACKER E UNITOVINTIV USA
2024OVINTIV USA INCPENNYBACKER W UNITOVINTIV USA
2024OVINTIV USA INCPENNYBACKER W ALLOCATIONOVINTIV USA
2024BAUER ANELLA SLAUGHTER INT LTDPENNYBACKER E UNITOVINTIV USA
2024BAUER ANELLA SLAUGHTER INT LTDPENNYBACKER W UNITOVINTIV USA
2024LETCHER MINERALS LLCPENNYBACKER E UNITOVINTIV USA
2024BAUER RICHARD S SEP PROPERTYPENNYBACKER E UNITOVINTIV USA
2024PENNYBACKER E DISPUTED INTPENNYBACKER E UNITOVINTIV USA
Displaying 8 of 66 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Pennybacker

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-58462PENNYBACKER E UNITApr 2025OVINTIV USA INC.OVINTIV USA INC.
08-58691PENNYBACKER W UNITApr 2025OVINTIV USA INC.OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONApr 2025OVINTIV USA INC.OVINTIV USA INC.
08-58691PENNYBACKER W UNITMar 2025OVINTIV USA INC.OVINTIV USA INC.
08-58691PENNYBACKER W UNITMar 2025OVINTIV USA INC.
08-58462PENNYBACKER E UNITMar 2025OVINTIV USA INC.OVINTIV USA INC.
08-58462PENNYBACKER E UNITMar 2025OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONMar 2025OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONMar 2025OVINTIV USA INC.OVINTIV USA INC.
08-58462PENNYBACKER E UNITFeb 2025OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONFeb 2025OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONFeb 2025OVINTIV USA INC.OVINTIV USA INC.
08-58691PENNYBACKER W UNITFeb 2025OVINTIV USA INC.OVINTIV USA INC.
08-58691PENNYBACKER W UNITFeb 2025OVINTIV USA INC.
08-58462PENNYBACKER E UNITFeb 2025OVINTIV USA INC.OVINTIV USA INC.
08-58691PENNYBACKER W UNITJan 2025OVINTIV USA INC.OVINTIV USA INC.
08-58462PENNYBACKER E UNITJan 2025OVINTIV USA INC.OVINTIV USA INC.
08-58691PENNYBACKER W UNITJan 2025OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONJan 2025OVINTIV USA INC.
08-58462PENNYBACKER E UNITJan 2025OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONJan 2025OVINTIV USA INC.OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONDec 2024OVINTIV USA INC.
08-58852PENNYBACKER W ALLOCATIONDec 2024OVINTIV USA INC.OVINTIV USA INC.
08-58691PENNYBACKER W UNITDec 2024OVINTIV USA INC.
08-58462PENNYBACKER E UNITDec 2024OVINTIV USA INC.OVINTIV USA INC.