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 - Apr 2026
Total Oil Production45,818 BBLs
Total Gas Production42,721 MCF
Recent Oil Production183 BBLs in Mar 2026
Recent Gas Production193 MCF in Mar 2026
Wells on Property2

Our Valuation Estimates for Phelan

ShaleAssessment™

$3,067 *

MarketMultiple™

$18,163 **

* 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 Apr 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, TX154 BBLs159 MCFApr 2026
Big SmokeyMartin County, TX10,453 BBLs16,014 MCFApr 2026
El Rancho E UnitMartin County, TX18,694 BBLs42,287 MCFApr 2026
Golden 37-36Dawson County, TX2,112 BBLs193 MCFApr 2026
HarrisMartin County, TX164 BBLs0 MCFApr 2026
HolcombMartin County, TX187 BBLs6 MCFApr 2026
Howlin WolfMartin County, TX22,308 BBLs20,664 MCFApr 2026
Jones 83Martin County, TX245 BBLs0 MCFApr 2026
LaurenMartin County, TX26,031 BBLs12,913 MCFApr 2026
Mary LaneMartin County, TX239 BBLs0 MCFApr 2026
Oneil 4Martin County, TX14 BBLs0 MCFApr 2026
Red Bud W UnitMartin County, TX13,246 BBLs10,936 MCFApr 2026
Richards 47Martin County, TX0 BBLs0 MCFOct 2015
Shape Shifter Unit 80-85Martin County, TX9,555 BBLs21,185 MCFApr 2026
SterlingMartin County, TX27,441 BBLs12,907 MCFApr 2026
Stubbs E UnitMartin County, TX7,635 BBLs11,715 MCFApr 2026
T-BoneMartin County, TX6,841 BBLs17,130 MCFApr 2026
WigginsMartin County, TX240 BBLs213 MCFApr 2026
WoodwardMartin County, TX290 BBLs0 MCFApr 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
Black Arrow Operating, 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
Marcum Drilling Co.
Meridian Oil Inc.
Mule Kick Operating LLC
Ovintiv USA Inc.
Pioneer Natural Res. USA, Inc.
Roff Operating Company LLC
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.