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 ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property6

Our Valuation Estimates for Phillips 3

ShaleAssessment™

$51,354 *

MarketMultiple™

$11,078 **

* 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 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 NameOperatorCounty
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
AllarMartin County, TX1,098 BBLs729 MCFJun 2026
Bailey Wynell 35Martin County, TX375 BBLs2,569 MCFJun 2026
Betty JaneMartin County, TX0 BBLs0 MCFApr 2026
BlockerMartin County, TX0 BBLs0 MCFFeb 2026
Casey Pollock 35Martin County, TX92 BBLs1,529 MCFJun 2026
Clear CreekMartin County, TX0 BBLs0 MCFApr 2026
DyerMartin County, TX0 BBLs0 MCFApr 2026
Glaspie-Harvard 11oMartin County, TX5,597 BBLs20,683 MCFJun 2026
HamiltonMartin County, TX0 BBLs0 MCFApr 2026
Hill UnitMartin County, TX144,554 BBLs338,801 MCFJun 2026
McCraryMartin County, TX0 BBLs0 MCFJun 2021
MimsMartin County, TX6,606 BBLs70,884 MCFJun 2026
NorrisMartin County, TX14,116 BBLs130,888 MCFJun 2026
Norris-Mims AllocationMartin County, TX577 BBLs13,910 MCFJun 2026
Patricia-Norris AllocationMartin County, TX2,019 BBLs28,724 MCFJun 2026
PollockMartin County, TX0 BBLs0 MCFApr 2026
Sand Storm UnitMartin County, TX39,255 BBLs255,340 MCFJun 2026
TarzanMartin County, TX91,214 BBLs276,048 MCFJun 2026
Topo ChicoMartin County, TX0 BBLs0 MCFFeb 2026
TunnellMartin County, TX409 BBLs3,638 MCFJun 2026

Companies in the Area

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

Company Name
Arco Permian
BC Operating, Inc.
Breitburn Operating LP
Cobra Oil & Gas Corporation
De3 Operating LLC
Diamondback E&P LLC
Discovery Operating Inc
Endeavor Energy Resources, LP
Energen Resources Corporation
Forest Oil Corporation
Keene, Roy J. Jr.
Linn Operating, Inc.
Merit Energy Company
MGF Oil Corporation
New Height Energy, LLC
Ovintiv USA Inc.
Pioneer Natural Res. USA, Inc.
Santa Fe Energy Resources, Inc.
Stephens, Autry C.
XTO Energy Inc.

Owners of Phillips 3

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026DIAMONDBACK E&P LLCPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2026ROCK RIVER MINERALS LPPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2026MAP2015-OKPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2026SINCLAIR DONA JEANPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2026BEARD SANDRA R HANEYPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2026PHILLIPS FRED MARCUSPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2026MONIGOLD KENNETH DPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
2026PHILLIPS EDGAR ALLENPHILLIPS "31" #1-3DIAMONDBACK E&P LLC
Displaying 8 of 40 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"Jan 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
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.