Phelan

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Phelan

CountyMartin County, TX
Production DatesJan 1993 - Oct 2025
Total Oil Production44,808 BBLs
Total Gas Production42,023 MCF
Recent Oil Production239 BBLs in Sep 2025
Recent Gas Production167 MCF in Sep 2025
Wells on Property2

Our Valuation Estimates for Phelan

ShaleAssessment™

$3,329 *

MarketMultiple™

$16,821 **

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

Based on a decimal interest

Phelan Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Phelan
from Jan 1993 to Oct 2025

Wells on Phelan

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-30942PHELAN-HESTER 1ENDEAVOR ENERGY RESOURCES L.P.Plugged Oil WellMartin County, TX32.498228-101.907988
42-317-38778PHELAN 2 1DIAMONDBACK E&P LLCProducingMartin County, TX32.497903-101.904971

Leases included in Phelan

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-22854PHELAN-HESTERENDEAVOR ENERGY RESOURCES L.P.Martin County, TX
08-45033PHELAN 2DIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Phelan

Nearby Properties

These are the closest 20 properties to the Phelan property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArnoldMartin County, TX4,580 BBLs9,159 MCFOct 2025
BauerMartin County, TX71 BBLs55 MCFOct 2025
Big SmokeyMartin County, TX10,864 BBLs16,237 MCFOct 2025
Brittany 43-07Martin County, TX3,850 BBLs7,331 MCFOct 2025
El Rancho E UnitMartin County, TX21,691 BBLs33,184 MCFOct 2025
El Rancho W 86Martin County, TX89,956 BBLs120,343 MCFOct 2025
HarrisMartin County, TX155 BBLs0 MCFOct 2025
HolcombMartin County, TX239 BBLs255 MCFSep 2025
Howlin WolfMartin County, TX17,768 BBLs24,789 MCFOct 2025
Jones 83Martin County, TX221 BBLs0 MCFOct 2025
Mary LaneMartin County, TX202 BBLs0 MCFOct 2025
Oneil 4Martin County, TX30 BBLs0 MCFOct 2025
Red Bud W UnitMartin County, TX13,124 BBLs25,480 MCFOct 2025
Richards 47Martin County, TX0 BBLs0 MCFOct 2015
Shape Shifter Unit 80-85Martin County, TX9,096 BBLs18,620 MCFOct 2025
Stubbs E UnitMartin County, TX8,918 BBLs12,679 MCFOct 2025
T-BoneMartin County, TX7,079 BBLs15,566 MCFOct 2025
WigginsMartin County, TX234 BBLs117 MCFOct 2025
WoodwardMartin County, TX283 BBLs14 MCFOct 2025
YatesMartin County, TX61 BBLs0 MCFOct 2025

Companies in the Area

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

Company Name
Avid Energy Assets LLC
Diamondback E&P LLC
Discovery Operating Inc
Element Petroleum Op III, LLC
Endeavor Energy Resources, LP
Henry Petroleum Corp.
Hep Oil GP, LLC
Hibernia Resources IV, LLC
High Noon Resources, LLC
Ike Operating, LLC
Kaiser-Francis Oil Company
Legacy Reserves Operating LP
Meridian Oil Inc.
Mule Kick Operating LLC
Ovintiv USA Inc.
Pioneer Natural Res. USA, Inc.
Roff Operating Company LLC
Smith Brothers Oil & Gas, Inc.
Smith Pipe Of Abilene
Stephens, Autry C.

Frac'ing activity on Phelan

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-38778PHELAN 2 #1

Owners of Phelan

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCPHELAN "2"DIAMONDBACK E&P LLC
2025JOHNSON PAULA BETHPHELAN "2"DIAMONDBACK E&P LLC
2025PHELAN LAVERNE PPHELAN "2"DIAMONDBACK E&P LLC
2025PHELAN JOEL SCOTTPHELAN "2"DIAMONDBACK E&P LLC
2025PHELAN KENNETH WAYNEPHELAN "2"DIAMONDBACK E&P LLC
2025MUNICH MINERALS AND ROYALTYPHELAN "2"DIAMONDBACK E&P LLC
2025REDWOOD EXPLORATION CO LLCPHELAN "2"DIAMONDBACK E&P LLC

Oil & Gas Sales on Phelan

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-45033PHELAN 2Apr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Mar 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-45033PHELAN 2Feb 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Jan 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-45033PHELAN 2Dec 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Nov 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Oct 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Sep 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Aug 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Aug 2024ET GATHERING & PROCESSING LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jul 2024ET GATHERING & PROCESSING LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jul 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jun 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jun 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2May 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Apr 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Mar 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Feb 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jan 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jan 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Dec 2023WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Dec 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Nov 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Nov 2023WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Oct 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.