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 - Jan 2026
Total Oil Production45,242 BBLs
Total Gas Production42,222 MCF
Recent Oil Production137 BBLs in Dec 2025
Recent Gas Production47 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Phelan

ShaleAssessment™

$3,186 *

MarketMultiple™

$18,366 **

* 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 Jan 2026

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, TX5,768 BBLs9,031 MCFJan 2026
BauerMartin County, TX618 BBLs429 MCFJan 2026
Big SmokeyMartin County, TX11,033 BBLs17,322 MCFJan 2026
Brittany 43-07Martin County, TX3,663 BBLs8,852 MCFDec 2025
El Rancho E UnitMartin County, TX19,472 BBLs32,719 MCFJan 2026
Golden 37-36Dawson County, TX642 BBLs0 MCFDec 2025
HarrisMartin County, TX79 BBLs0 MCFJan 2026
HolcombMartin County, TX204 BBLs0 MCFJan 2026
Howlin WolfMartin County, TX23,452 BBLs23,488 MCFJan 2026
Jones 83Martin County, TX247 BBLs0 MCFJan 2026
Mary LaneMartin County, TX307 BBLs0 MCFJan 2026
Oneil 4Martin County, TX67 BBLs0 MCFJan 2026
Red Bud W UnitMartin County, TX11,605 BBLs9,209 MCFJan 2026
Richards 47Martin County, TX0 BBLs0 MCFOct 2015
Shape Shifter Unit 80-85Martin County, TX9,987 BBLs20,108 MCFJan 2026
Stubbs E UnitMartin County, TX9,700 BBLs12,968 MCFJan 2026
T-BoneMartin County, TX7,456 BBLs17,500 MCFJan 2026
WigginsMartin County, TX389 BBLs231 MCFJan 2026
WoodwardMartin County, TX294 BBLs69 MCFJan 2026
YatesMartin County, TX0 BBLs0 MCFNov 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 2Dec 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Nov 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Oct 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Sep 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Aug 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Jul 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Jun 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2May 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
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 ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Sep 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Aug 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Aug 2024ET GATHERING & PROCESSING LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jul 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jul 2024ET GATHERING & PROCESSING LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jun 2024WTG GAS PROCESSING, L.P.ENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Jun 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2May 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Apr 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-45033PHELAN 2Mar 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.