Salt Lick

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Salt Lick

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesFeb 2023 - Apr 2025
Total Oil Production433,404 BBLs
Total Gas Production384,343 MCF
Recent Oil Production6,304 BBLs in Mar 2025
Recent Gas Production16,013 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Salt Lick

ShaleAssessment™

Not Available

MarketMultiple™

$1,054,596 **

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

Based on a decimal interest

Salt Lick Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Salt Lick
from Feb 2023 to Apr 2025

Wells on Salt Lick

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-44129SALT LICK A 1LSOVINTIV USA INC.ProducingMartin County, TX32.467901-101.860876
42-317-44130SALT LICK B 2LSOVINTIV USA INC.ProducingMartin County, TX32.467850-101.861112
42-317-44179SALT LICK C 3LSOVINTIV USA INC.ProducingMartin County, TX32.466387-101.867525
42-317-44180SALT LICK D 4LSOVINTIV USA INC.ProducingMartin County, TX32.466360-101.867651

Leases included in Salt Lick

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-58506SALT LICK DOVINTIV USA INC.Martin County, TX
08-58580SALT LICK AOVINTIV USA INC.Martin County, TX
08-58581SALT LICK COVINTIV USA INC.Martin County, TX
08-58673SALT LICK BOVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Salt Lick property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AbraxasMartin County, TX1,138 BBLs0 MCFApr 2025
ArnoldMartin County, TX5,485 BBLs10,294 MCFApr 2025
Baby Face Nelson Unit 17-8Martin County, TX3,054 BBLs6,383 MCFApr 2025
BalconesMartin County, TX52,483 BBLs120,553 MCFApr 2025
Big Red Unit 75-82Martin County, TX534 BBLs1,157 MCFApr 2025
Deatherege 18Martin County, TX0 BBLs0 MCFJul 2023
Fightin Chicken Unit 17-19Martin County, TX3,057 BBLs15,942 MCFApr 2025
Jones 83Martin County, TX373 BBLs0 MCFApr 2025
MiddletonMartin County, TX103 BBLs0 MCFApr 2025
Moses Trust 69Martin County, TX489 BBLs0 MCFMar 2025
PennybackerMartin County, TX19,409 BBLs39,859 MCFApr 2025
Shake And Bake Unit 74-69Martin County, TX3,152 BBLs7,774 MCFApr 2025
SlaughterMartin County, TX194 BBLs0 MCFApr 2025
Slingshot Engaged Unit 75-82Martin County, TX4,810 BBLs4,987 MCFApr 2025
Spider Monkey Unit 17-19Martin County, TX1,861 BBLs7,421 MCFApr 2025
Stevie Ray EMartin County, TX10,343 BBLs23,257 MCFApr 2025
Stevie Ray W AllocationMartin County, TX3,191 BBLs5,089 MCFApr 2025
Texas Ranger Unit 17-19Martin County, TX3,105 BBLs13,061 MCFApr 2025
Thirsty GoatMartin County, TX14,013 BBLs36,459 MCFApr 2025
Walker Unit 16-20Martin County, TX5,260 BBLs13,707 MCFApr 2025

Companies in the Area

These are the closest 20 companies operating near the Salt Lick property.

Company Name
Avid Energy Assets LLC
Black Arrow Operating, LLC
Brown, H. L., Jr.
Diamondback E&P LLC
Element Petroleum Op III, LLC
Endeavor Energy Resources, LP
Esperanza Energy Corp.
Hallwood Energy Corporation
Hallwood Petroleum, Inc.
Hibernia Resources IV, LLC
High Noon Resources, LLC
Marcum Drilling Co.
Otb Operating, LLC
Ovintiv USA Inc.
Pioneer Natural Res. USA, Inc.
Roff Operating Company LLC
Scythian, LTD.
Smith Brothers Oil & Gas, Inc.
Smith Pipe Of Abilene
Stephens, Autry C.

Frac'ing activity on Salt Lick

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-44129Pennybacker East Salt Lick A 1LS
42-317-44130Pennybacker East Salt Lick B 2LS
42-317-44179Salt Lick C 3LS
42-317-44180Salt Lick D 4LS

Owners of Salt Lick

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OVINTIV USA INCSALT LICK DOVINTIV USA
2024OVINTIV USA INCSALT LICK COVINTIV USA
2024OVINTIV USA INCSALT LICK BOVINTIV USA
2024OVINTIV USA INCSALT LICK AOVINTIV USA
2024LUTTRELL RICHARD LSALT LICK DOVINTIV USA
2024LUTTRELL RICHARD LSALT LICK COVINTIV USA
2024LUTTRELL RICHARD LSALT LICK BOVINTIV USA
2024LUTTRELL RICHARD LSALT LICK AOVINTIV USA
Displaying 8 of 246 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Salt Lick

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-58673SALT LICK BApr 2025OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CApr 2025OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DApr 2025OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AApr 2025OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DMar 2025OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DMar 2025OVINTIV USA INC.
08-58581SALT LICK CMar 2025OVINTIV USA INC.
08-58581SALT LICK CMar 2025OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AMar 2025OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AMar 2025OVINTIV USA INC.
08-58673SALT LICK BMar 2025OVINTIV USA INC.OVINTIV USA INC.
08-58673SALT LICK BMar 2025OVINTIV USA INC.
08-58673SALT LICK BFeb 2025OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DFeb 2025OVINTIV USA INC.
08-58673SALT LICK BFeb 2025OVINTIV USA INC.
08-58506SALT LICK DFeb 2025OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CFeb 2025OVINTIV USA INC.OVINTIV USA INC.
08-58580SALT LICK AFeb 2025OVINTIV USA INC.
08-58580SALT LICK AFeb 2025OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CFeb 2025OVINTIV USA INC.
08-58673SALT LICK BJan 2025OVINTIV USA INC.OVINTIV USA INC.
08-58506SALT LICK DJan 2025OVINTIV USA INC.
08-58506SALT LICK DJan 2025OVINTIV USA INC.OVINTIV USA INC.
08-58581SALT LICK CJan 2025OVINTIV USA INC.
08-58580SALT LICK AJan 2025OVINTIV USA INC.