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 - Nov 2025
Total Oil Production44,953 BBLs
Total Gas Production42,116 MCF
Recent Oil Production188 BBLs in Oct 2025
Recent Gas Production138 MCF in Oct 2025
Wells on Property2

Our Valuation Estimates for Phelan

ShaleAssessment™

$3,277 *

MarketMultiple™

$20,191 **

* 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 Nov 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, TX5,487 BBLs9,270 MCFNov 2025
BauerMartin County, TX558 BBLs252 MCFNov 2025
Big SmokeyMartin County, TX11,393 BBLs17,645 MCFNov 2025
Brittany 43-07Martin County, TX4,032 BBLs8,337 MCFNov 2025
El Rancho E UnitMartin County, TX21,593 BBLs34,504 MCFNov 2025
El Rancho W 86Martin County, TX75,360 BBLs116,560 MCFNov 2025
HarrisMartin County, TX107 BBLs0 MCFNov 2025
HolcombMartin County, TX359 BBLs253 MCFOct 2025
Howlin WolfMartin County, TX16,800 BBLs23,408 MCFNov 2025
Jones 83Martin County, TX195 BBLs0 MCFNov 2025
Mary LaneMartin County, TX129 BBLs0 MCFNov 2025
Oneil 4Martin County, TX110 BBLs0 MCFNov 2025
Red Bud W UnitMartin County, TX13,399 BBLs26,672 MCFNov 2025
Richards 47Martin County, TX0 BBLs0 MCFOct 2015
Shape Shifter Unit 80-85Martin County, TX8,984 BBLs18,440 MCFNov 2025
Stubbs E UnitMartin County, TX8,859 BBLs12,397 MCFNov 2025
T-BoneMartin County, TX6,983 BBLs16,480 MCFNov 2025
WigginsMartin County, TX286 BBLs138 MCFNov 2025
WoodwardMartin County, TX261 BBLs13 MCFNov 2025
YatesMartin County, TX64 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
Hallwood Energy Corporation
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.
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.