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 - Jan 2026
Total Oil Production383,653 BBLs
Total Gas Production763,040 MCF
Recent Oil Production183 BBLs in Jan 2026
Recent Gas Production0 MCF in Jan 2026
Wells on Property6

Our Valuation Estimates for Phillips 3

ShaleAssessment™

$51,354 *

MarketMultiple™

$17,490 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Phillips 3
from Jan 2008 to Jan 2026

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, TX389 BBLs2,341 MCFFeb 2026
Betty JaneMartin County, TX292 BBLs1,832 MCFFeb 2026
BlockerMartin County, TX0 BBLs0 MCFFeb 2026
Casey Pollock 35Martin County, TX112 BBLs2,722 MCFFeb 2026
Clear CreekMartin County, TX1,362 BBLs0 MCFFeb 2026
DyerMartin County, TX412 BBLs2,325 MCFFeb 2026
Glaspie-Harvard 11oMartin County, TX6,242 BBLs20,649 MCFFeb 2026
HamiltonMartin County, TX164 BBLs0 MCFFeb 2026
Hill UnitMartin County, TX183,308 BBLs362,853 MCFFeb 2026
McCraryMartin County, TX0 BBLs0 MCFJun 2021
MimsMartin County, TX9,888 BBLs33,633 MCFFeb 2026
NorrisMartin County, TX13,069 BBLs96,738 MCFFeb 2026
Norris-Mims AllocationMartin County, TX1,784 BBLs25,822 MCFFeb 2026
PatriciaMartin County, TX14,921 BBLs61,068 MCFFeb 2026
Patricia-Norris AllocationMartin County, TX1,883 BBLs14,140 MCFFeb 2026
PollockMartin County, TX322 BBLs0 MCFFeb 2026
Sand Storm UnitMartin County, TX40,408 BBLs333,660 MCFFeb 2026
TarzanMartin County, TX116,627 BBLs283,451 MCFFeb 2026
Topo ChicoMartin County, TX298 BBLs758 MCFFeb 2026
TunnellMartin County, TX331 BBLs2,953 MCFFeb 2026

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.
Santa Fe Energy Resources, Inc.
Scout Energy Management LLC
Stephens, Autry C.
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
2025PHILLIPS FRED MARCUSPHILLIPS "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
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"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.