Red Bud W Unit

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Red Bud W Unit

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesJun 2023 - Jan 2024
Total Oil Production429,350 BBLs
Total Gas Production286,858 MCF
Recent Oil Production49,325 BBLs in Dec 2023
Recent Gas Production41,569 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Red Bud W Unit

ShaleAssessment

Not Available

MarketMultiple

$6,645,530 **

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

Based on a decimal interest

Red Bud W Unit 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 Red Bud W Unit
from Jun 2023 to Jan 2024

Wells on Red Bud W Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-45042RED BUD W UNIT 1DNOVINTIV USA INC.ProducingMartin County, TX32.505841-101.917422
42-317-45043RED BUD W UNIT 2DNOVINTIV USA INC.ProducingMartin County, TX32.505827-101.917485

Leases included in Red Bud W Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-59232RED BUD W UNITOVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Red Bud W Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BauerMartin County, TX1,551 BBLs0 MCFJan 2024
Big SmokeyMartin County, TX40,006 BBLs31,528 MCFJan 2024
CopeDawson County, TX154 BBLs0 MCFJan 2024
Golden 37-36Dawson County, TX2,009 BBLs1,163 MCFDec 2023
GreshamMartin County, TX402 BBLs0 MCFJan 2024
HarrisMartin County, TX277 BBLs0 MCFJan 2024
HolcombMartin County, TX367 BBLs12 MCFJan 2024
Jones 83Martin County, TX611 BBLs467 MCFJan 2024
KoehlerDawson County, TX112 BBLs0 MCFJan 2024
Mary LaneMartin County, TX220 BBLs0 MCFJan 2024
McCullochMartin County, TX0 BBLs0 MCFMar 2021
Oneil 4Martin County, TX682 BBLs0 MCFJan 2024
PhelanMartin County, TX145 BBLs181 MCFJan 2024
RichardsMartin County, TX1,022 BBLs1,303 MCFJan 2024
Richards 47Martin County, TX0 BBLs0 MCFOct 2015
Stubbs E UnitMartin County, TX23,452 BBLs15,947 MCFJan 2024
T-BoneMartin County, TX26,620 BBLs36,416 MCFJan 2024
WigginsMartin County, TX427 BBLs0 MCFJan 2024
WoodwardMartin County, TX299 BBLs599 MCFJan 2024
YatesMartin County, TX74 BBLs0 MCFJan 2024

Oil & Gas Sales on Red Bud W Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
08-59232RED BUD W UNITNov 2023OVINTIV USA INC.OVINTIV USA INC.
08-59232RED BUD W UNITNov 2023OVINTIV USA INC.
08-59232RED BUD W UNITOct 2023LPC CRUDE III, LLCOVINTIV USA INC.
08-59232RED BUD W UNITOct 2023OVINTIV USA INC.
08-59232RED BUD W UNITSep 2023LPC CRUDE III, LLCOVINTIV USA INC.
08-59232RED BUD W UNITAug 2023LPC CRUDE III, LLCOVINTIV USA INC.
08-59232RED BUD W UNITAug 2023OVINTIV USA INC.
08-59232RED BUD W UNITJul 2023LPC CRUDE III, LLCOVINTIV USA INC.
08-59232RED BUD W UNITJul 2023OVINTIV USA INC.
08-59232RED BUD W UNITJun 2023LPC CRUDE III, LLCOVINTIV USA INC.