Oil & Gas Property in Martin County, TX
Key data points for Pennybacker
| County | Martin County, TX |
|---|---|
| Operator | OVINTIV USA INC. |
| Production Dates | Feb 2023 - Nov 2025 |
| Total Oil Production | 1,399,809 BBLs |
| Total Gas Production | 1,786,338 MCF |
| Recent Oil Production | 18,959 BBLs in Oct 2025 |
| Recent Gas Production | 43,802 MCF in Oct 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Pennybacker
ShaleAssessment™
Not Available
MarketMultiple™
$2,211,369 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Pennybacker property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abraxas | Martin County, TX | 1,136 BBLs | 460 MCF | Nov 2025 |
| Arnold | Martin County, TX | 5,487 BBLs | 9,270 MCF | Nov 2025 |
| Baby Face Nelson Unit 17-8 | Martin County, TX | 3,804 BBLs | 9,933 MCF | Nov 2025 |
| Balcones | Martin County, TX | 41,008 BBLs | 120,974 MCF | Nov 2025 |
| Big Red Unit 75-82 | Martin County, TX | 331 BBLs | 2,315 MCF | Nov 2025 |
| Deatherege 18 | Martin County, TX | 0 BBLs | 0 MCF | Jul 2023 |
| Fightin Chicken Unit 17-19 | Martin County, TX | 2,105 BBLs | 13,392 MCF | Nov 2025 |
| Jones 83 | Martin County, TX | 195 BBLs | 0 MCF | Nov 2025 |
| Middleton | Martin County, TX | 124 BBLs | 0 MCF | Nov 2025 |
| Moses Trust 69 | Martin County, TX | 0 BBLs | 0 MCF | Nov 2025 |
| Salt Lick | Martin County, TX | 6,933 BBLs | 13,742 MCF | Nov 2025 |
| Shake And Bake Unit 74-69 | Martin County, TX | 3,934 BBLs | 8,727 MCF | Nov 2025 |
| Slaughter | Martin County, TX | 98 BBLs | 0 MCF | Nov 2025 |
| Slingshot Engaged Unit 75-82 | Martin County, TX | 4,457 BBLs | 6,220 MCF | Nov 2025 |
| Spider Monkey Unit 17-19 | Martin County, TX | 1,219 BBLs | 7,073 MCF | Nov 2025 |
| Stevie Ray E | Martin County, TX | 12,498 BBLs | 51,315 MCF | Nov 2025 |
| Stevie Ray W Allocation | Martin County, TX | 2,728 BBLs | 9,060 MCF | Nov 2025 |
| Texas Ranger Unit 17-19 | Martin County, TX | 1,898 BBLs | 12,409 MCF | Nov 2025 |
| Thirsty Goat | Martin County, TX | 12,685 BBLs | 40,685 MCF | Nov 2025 |
| Walker Unit 16-20 | Martin County, TX | 4,402 BBLs | 12,582 MCF | Nov 2025 |
These are the closest 20 companies operating near the Pennybacker property.