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 - Mar 2026
Total Oil Production45,588 BBLs
Total Gas Production42,541 MCF
Recent Oil Production163 BBLs in Feb 2026
Recent Gas Production126 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Phelan

ShaleAssessment™

$3,107 *

MarketMultiple™

$17,890 **

* 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 Mar 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
BauerMartin County, TX484 BBLs177 MCFMar 2026
Big SmokeyMartin County, TX9,647 BBLs14,083 MCFMar 2026
El Rancho E UnitMartin County, TX19,020 BBLs39,333 MCFMar 2026
Golden 37-36Dawson County, TX1,554 BBLs0 MCFMar 2026
HarrisMartin County, TX162 BBLs0 MCFMar 2026
HolcombMartin County, TX191 BBLs6 MCFMar 2026
Howlin WolfMartin County, TX21,256 BBLs19,136 MCFMar 2026
Jones 83Martin County, TX215 BBLs0 MCFMar 2026
LaurenMartin County, TX24,442 BBLs11,952 MCFMar 2026
Mary LaneMartin County, TX129 BBLs0 MCFMar 2026
Oneil 4Martin County, TX64 BBLs0 MCFMar 2026
Red Bud W UnitMartin County, TX12,214 BBLs10,272 MCFMar 2026
Richards 47Martin County, TX0 BBLs0 MCFOct 2015
Shape Shifter Unit 80-85Martin County, TX8,796 BBLs18,301 MCFMar 2026
SterlingMartin County, TX27,019 BBLs11,402 MCFMar 2026
Stubbs E UnitMartin County, TX7,666 BBLs11,352 MCFMar 2026
T-BoneMartin County, TX7,008 BBLs15,085 MCFMar 2026
WigginsMartin County, TX244 BBLs145 MCFMar 2026
WoodwardMartin County, TX239 BBLs0 MCFMar 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
Brown, H. L., Jr.
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
Scythian, LTD.
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 2Feb 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-45033PHELAN 2Jan 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
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.