Phillips 3

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Phillips 3

CountyMartin County, TX
Production DatesJan 2008 - Oct 2025
Total Oil Production382,973 BBLs
Total Gas Production763,040 MCF
Recent Oil Production178 BBLs in Sep 2025
Recent Gas Production0 MCF in Sep 2025
Wells on Property6

Our Valuation Estimates for Phillips 3

ShaleAssessment™

$53,500 *

MarketMultiple™

$16,995 **

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

Based on a decimal interest

Phillips 3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Phillips 3
from Jan 2008 to Oct 2025

Wells on Phillips 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-34981PHILLIPS 31 1DIAMONDBACK E&P LLCProducingMartin County, TX32.319042-101.803502
42-317-35075PHILLIPS 31 2DIAMONDBACK E&P LLCProducingMartin County, TX32.308520-101.800137
42-317-35083PHILLIPS "33" 2ENDEAVOR ENERGY RESOURCES L.P.Plugged Oil WellMartin County, TX32.295177-101.809182
42-317-35436PHILLIPS 31 3DIAMONDBACK E&P LLCProducingMartin County, TX32.318111-101.807632
42-317-35437PHILLIPS 31 4DIAMONDBACK E&P LLCProducingMartin County, TX32.307449-101.803839
42-317-35559PHILLIPS '33' 3ENDEAVOR ENERGY RESOURCES L.P.Plugged Oil WellMartin County, TX32.293141-101.817398

Leases included in Phillips 3

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-38583PHILLIPS "31"DIAMONDBACK E&P LLCMartin County, TX
08-38663PHILLIPS "33"DIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Phillips 3

Nearby Properties

These are the closest 20 properties to the Phillips 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bailey Wynell 35Martin County, TX286 BBLs1,510 MCFOct 2025
Betty JaneMartin County, TX299 BBLs1,147 MCFOct 2025
BlockerMartin County, TX0 BBLs0 MCFSep 2024
Casey Pollock 35Martin County, TX318 BBLs2,951 MCFOct 2025
Clear CreekMartin County, TX1,328 BBLs1,444 MCFOct 2025
Darwin 22Martin County, TX358 BBLs532 MCFOct 2025
DyerMartin County, TX1,359 BBLs4,380 MCFOct 2025
Glaspie-Harvard 11oMartin County, TX7,124 BBLs10,064 MCFOct 2025
HamiltonMartin County, TX300 BBLs0 MCFOct 2025
Hill UnitMartin County, TX248,273 BBLs397,367 MCFOct 2025
McCraryMartin County, TX0 BBLs0 MCFJun 2021
MimsMartin County, TX3,692 BBLs6,882 MCFOct 2025
NorrisMartin County, TX4,369 BBLs18,512 MCFOct 2025
Norris-Mims AllocationMartin County, TX1,854 BBLs30,330 MCFOct 2025
Patricia-Norris AllocationMartin County, TX2,308 BBLs19,168 MCFOct 2025
PollockMartin County, TX460 BBLs0 MCFOct 2025
Sand Storm UnitMartin County, TX59,376 BBLs455,092 MCFOct 2025
TarzanMartin County, TX146,752 BBLs306,176 MCFOct 2025
Topo ChicoMartin County, TX317 BBLs626 MCFOct 2025
TunnellMartin County, TX369 BBLs3,002 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Phillips 3 property.

Company Name
Arco Permian
BC Operating, Inc.
Birch Operations, Inc.
Breitburn Operating LP
De3 Operating LLC
Diamondback E&P LLC
Discovery Operating Inc
Endeavor Energy Resources, LP
Forest Oil Corporation
Keene, Roy J. Jr.
Linn Operating, Inc.
Merit Energy Company
MGF Oil Corporation
Ovintiv USA Inc.
Parsley Energy Operations, LLC
Pioneer Natural Res. USA, Inc.
Rafter T Resources LLC
Santa Fe Energy Resources, Inc.
Scout Energy Management LLC
XTO Energy Inc.

Owners of Phillips 3

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025ROCK RIVER MINERALS LPPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025MAP2015-OKPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025SINCLAIR DONA JEANPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025BEARD SANDRA R HANEYPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025PHILLIPS FRED MARCUSPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025MONIGOLD KENNETH DPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025FIELDS BECKYPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
Displaying 8 of 41 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Phillips 3

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-38583PHILLIPS "31"Apr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38583PHILLIPS "31"Mar 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-38583PHILLIPS "31"Feb 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-38583PHILLIPS "31"Jan 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-38583PHILLIPS "31"Dec 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Nov 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Oct 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Sep 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Aug 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Jul 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Jun 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"May 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Apr 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Mar 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Feb 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Jan 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Dec 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Nov 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Oct 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Sep 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Aug 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Jul 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Jun 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"May 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Apr 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.