Phillips 3

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Phillips 3

CountyMartin County, TX
Production DatesJan 2008 - Dec 2025
Total Oil Production383,470 BBLs
Total Gas Production763,040 MCF
Recent Oil Production262 BBLs in Nov 2025
Recent Gas Production0 MCF in Nov 2025
Wells on Property6

Our Valuation Estimates for Phillips 3

ShaleAssessment

$51,973 *

MarketMultiple

$17,388 **

* 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 Dec 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, TX431 BBLs2,692 MCFDec 2025
Betty JaneMartin County, TX332 BBLs2,020 MCFDec 2025
BlockerMartin County, TX0 BBLs0 MCFSep 2024
Casey Pollock 35Martin County, TX246 BBLs2,875 MCFDec 2025
Clear CreekMartin County, TX1,377 BBLs0 MCFDec 2025
Darwin 22Martin County, TX404 BBLs805 MCFDec 2025
DyerMartin County, TX365 BBLs2,206 MCFDec 2025
Glaspie-Harvard 11oMartin County, TX7,490 BBLs21,587 MCFDec 2025
HamiltonMartin County, TX267 BBLs0 MCFDec 2025
Hill UnitMartin County, TX216,879 BBLs332,890 MCFDec 2025
McCraryMartin County, TX0 BBLs0 MCFJun 2021
MimsMartin County, TX8,392 BBLs26,686 MCFDec 2025
NorrisMartin County, TX11,431 BBLs60,914 MCFDec 2025
Norris-Mims AllocationMartin County, TX1,700 BBLs27,283 MCFDec 2025
Patricia-Norris AllocationMartin County, TX2,176 BBLs22,466 MCFDec 2025
PollockMartin County, TX471 BBLs0 MCFDec 2025
Sand Storm UnitMartin County, TX58,392 BBLs434,956 MCFDec 2025
TarzanMartin County, TX148,735 BBLs263,956 MCFDec 2025
Topo ChicoMartin County, TX537 BBLs1,171 MCFDec 2025
TunnellMartin County, TX262 BBLs3,763 MCFDec 2025

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
2025PHILLIPS FRED MARCUSPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025BEARD SANDRA R HANEYPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025MONIGOLD KENNETH DPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2025PHILLIPS EDGAR ALLENPHILLIPS "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"Dec 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38583PHILLIPS "31"Nov 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38583PHILLIPS "31"Oct 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38583PHILLIPS "31"Sep 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38583PHILLIPS "31"Jul 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38583PHILLIPS "31"May 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
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 ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Sep 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Aug 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Jul 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Jun 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"May 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Apr 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Mar 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Feb 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Jan 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Dec 2023OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Nov 2023OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-38583PHILLIPS "31"Oct 2023OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.