Rhodes

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Rhodes

CountyMartin County, TX
Production DatesJan 1993 - Apr 2025
Total Oil Production154,666 BBLs
Total Gas Production267,304 MCF
Recent Oil Production276 BBLs in Mar 2025
Recent Gas Production174 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for Rhodes

ShaleAssessment™

$9,059 *

MarketMultiple™

$46,378 **

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

Based on a decimal interest

Rhodes Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Rhodes
from Jan 1993 to Apr 2025

Wells on Rhodes

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-34363RHODES "16" 1ENERGEN RESOURCES CORPORATIONPlugged Oil WellMartin County, TX32.106585-101.923207
42-317-35368RHODES 16 1MIDLAND ENERGY, INC.ProducingMartin County, TX32.110204-101.923769
42-317-37128RHODES -16A- 1DIAMONDBACK E&P LLCProducingMartin County, TX32.105724-101.922286

Leases included in Rhodes

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-29881RHODES, MYRTLECONCHO RESOURCES INC.Martin County, TX
08-36733RHODES "16"ENERGEN RESOURCES CORPORATIONMartin County, TX
08-39099RHODES "16"MIDLAND ENERGY, INC.Martin County, TX
08-43697RHODES -16A-DIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Rhodes

Nearby Properties

These are the closest 20 properties to the Rhodes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AngelMartin County, TX0 BBLs0 MCFNov 2023
Angel-Frazier 9Martin County, TX61,303 BBLs145,381 MCFApr 2025
BlockerMartin County, TX103 BBLs75 MCFApr 2025
EilandMartin County, TX245 BBLs261 MCFApr 2025
FlanaganMidland County, TX415 BBLs252 MCFApr 2025
FrazierMartin County, TX83 BBLs0 MCFApr 2025
GlaspieMartin County, TX0 BBLs0 MCFMar 2024
Glaspie-Harvard 11Martin County, TX149,099 BBLs320,450 MCFApr 2025
JalonickMidland County, TX621 BBLs1,548 MCFApr 2025
LewisMartin County, TX602 BBLs575 MCFApr 2025
Lewis KathleenMartin County, TX35 BBLs40 MCFApr 2025
O. DickensonMartin County, TX0 BBLs0 MCFSep 2023
PinkertonMartin County, TX50,208 BBLs115,365 MCFApr 2025
ShoemakerMartin County, TX0 BBLs0 MCFFeb 2024
SmithMartin County, TX471 BBLs2,589 MCFApr 2025
Smith Jalonick 16-21Martin County, TX24,332 BBLs112,185 MCFApr 2025
SnellMartin County, TX796 BBLs1,286 MCFApr 2025
SnodgrassMartin County, TX204 BBLs395 MCFApr 2025
Wheeler 14Martin County, TX0 BBLs0 MCFDec 2023
WhittenMartin County, TX226 BBLs174 MCFApr 2025

Companies in the Area

These are the closest 20 companies operating near the Rhodes property.

Company Name
Collins & Ware, Inc.
Cutbow Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
L.C.S. Production Company
Langham Petroleum Expl. Corp.
Merit Energy Company
MGF Oil Corporation
Odessa Exploration, Inc.
Owl Ops LLC
Oxyrock Operating, LLC
Parker & Parsley Development Co.
Parker & Parsley Development L.P
Parsley Energy Operations, LLC
Pbex Operations, LLC
Permian Resources, Inc.
Pioneer Natural Res. USA, Inc.
Purvis, J. H.
Reliance Energy, Inc.

Frac'ing activity on Rhodes

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-37128Rhodes -16A-/Well No. 1

Owners of Rhodes

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIAMONDBACK E&P LLCRHODES "16A" #1DIAMONDBACK
2024MIDLAND ENERGY INCRHODES "16" #1MIDLAND ENERGY INC
2024VIPER ENERGY PARTNERS LLCRHODES "16A" #1DIAMONDBACK
2024ADAMS S E FAM TR UW CO TTEESRHODES "16A" #1DIAMONDBACK
2024VARNADORE MIKE LYNNRHODES "16A" #1DIAMONDBACK
2024FAEE ENTERPRISESRHODES "16A" #1DIAMONDBACK
2024NICKEL RIVER ROYALTIES LLCRHODES "16" #1MIDLAND ENERGY INC
2024LITTLE DIPPER MINERALSRHODES "16A" #1DIAMONDBACK
Displaying 8 of 35 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Rhodes

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39099RHODES "16"Apr 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-43697RHODES -16A-Apr 2025LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-43697RHODES -16A-Mar 2025LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-39099RHODES "16"Mar 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Feb 2025ENTERPRISE MIDLAND BASIN MIDSTREAM LLCMIDLAND ENERGY, INC.
08-39099RHODES "16"Feb 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Jan 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Jan 2025ENTERPRISE MIDLAND BASIN MIDSTREAM LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Jan 2025LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-39099RHODES "16"Dec 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Dec 2024LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-39099RHODES "16"Dec 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-43697RHODES -16A-Nov 2024LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-39099RHODES "16"Nov 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Oct 2024LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-39099RHODES "16"Oct 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Oct 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCMIDLAND ENERGY, INC.
08-39099RHODES "16"Sep 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Sep 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Sep 2024LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-43697RHODES -16A-Aug 2024LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-39099RHODES "16"Aug 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Aug 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Jul 2024LPC CRUDE III, LLCPBEX OPERATIONS, LLC
08-43697RHODES -16A-Jun 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC