Rhodes

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Rhodes

CountyMartin County, TX
Production DatesJan 1993 - Dec 2023
Total Oil Production148,915 BBLs
Total Gas Production263,569 MCF
Recent Oil Production350 BBLs in Nov 2023
Recent Gas Production408 MCF in Nov 2023
Wells on Property3

Our Valuation Estimates for Rhodes

ShaleAssessment

$11,063 *

MarketMultiple

$49,460 **

* 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 Dec 2023

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

Nearby Properties

These are the closest 20 properties to the Rhodes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AngelMartin County, TX80 BBLs210 MCFNov 2023
BlockerMartin County, TX1,079 BBLs301 MCFDec 2023
EilandMartin County, TX432 BBLs499 MCFDec 2023
FlanaganMidland County, TX296 BBLs117 MCFDec 2023
FrazierMartin County, TX181 BBLs87 MCFDec 2023
GlaspieMartin County, TX188 BBLs0 MCFDec 2023
HarvardMartin County, TX35 BBLs27 MCFDec 2023
JalonickMidland County, TX693 BBLs1,138 MCFDec 2023
LewisMartin County, TX672 BBLs0 MCFDec 2023
Lewis KathleenMartin County, TX155 BBLs345 MCFDec 2023
O. DickensonMartin County, TX0 BBLs0 MCFSep 2023
PinkertonMartin County, TX367 BBLs499 MCFDec 2023
ShoemakerMartin County, TX469 BBLs460 MCFNov 2023
SmithMartin County, TX386 BBLs701 MCFDec 2023
Smith Jalonick 16-21Martin County, TX41,389 BBLs132,034 MCFDec 2023
SnellMartin County, TX0 BBLs0 MCFDec 2023
SnodgrassMartin County, TX434 BBLs776 MCFDec 2023
Wheeler 14Martin County, TX53 BBLs16 MCFDec 2023
WhiteMartin County, TX309 BBLs0 MCFDec 2023
WhittenMartin County, TX272 BBLs163 MCFDec 2023

Owners of Rhodes

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023DIAMONDBACK E&P LLCRHODES "16A" #1DIAMONDBACK
2023NICKEL RIVER ROYALTIES LLCRHODES "16" #1MIDLAND ENERGY INC
2023VIPER ENERGY PARTNERS LLCRHODES "16A" #1DIAMONDBACK
2023MIDLAND ENERGY INCRHODES "16" #1MIDLAND ENERGY INC
2023VARNADORE MIKE LYNNRHODES "16A" #1DIAMONDBACK
2023ADAMS S E FAM TR UW CO TTEESRHODES "16A" #1DIAMONDBACK
2023FAEE ENTERPRISESRHODES "16A" #1DIAMONDBACK
2023ALLDALE MINERALS II LPRHODES "16" #1MIDLAND ENERGY INC
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
08-43697RHODES -16A-Nov 2023TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
08-43697RHODES -16A-Nov 2023LPC CRUDE III, LLCDIAMONDBACK E&P LLC
08-39099RHODES "16"Nov 2023ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCMIDLAND ENERGY, INC.
08-39099RHODES "16"Oct 2023ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Oct 2023LPC CRUDE III, LLCDIAMONDBACK E&P LLC
08-43697RHODES -16A-Oct 2023TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
08-39099RHODES "16"Oct 2023SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Sep 2023ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Sep 2023TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
08-43697RHODES -16A-Sep 2023LPC CRUDE III, LLCDIAMONDBACK E&P LLC
08-39099RHODES "16"Sep 2023SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Aug 2023ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Aug 2023LPC CRUDE III, LLCDIAMONDBACK E&P LLC
08-39099RHODES "16"Aug 2023SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-43697RHODES -16A-Aug 2023TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
08-39099RHODES "16"Jul 2023SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39099RHODES "16"Jul 2023ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Jul 2023TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
08-43697RHODES -16A-Jul 2023LPC CRUDE III, LLCDIAMONDBACK E&P LLC
08-39099RHODES "16"Jun 2023ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCMIDLAND ENERGY, INC.
08-43697RHODES -16A-Jun 2023LPC CRUDE III, LLCDIAMONDBACK E&P LLC
08-43697RHODES -16A-Jun 2023TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
08-43697RHODES -16A-May 2023TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
08-39099RHODES "16"May 2023ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCMIDLAND ENERGY, INC.
08-39099RHODES "16"May 2023SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.