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 - Sep 2025
Total Oil Production467,845 BBLs
Total Gas Production453,801 MCF
Recent Oil Production7,242 BBLs in Aug 2025
Recent Gas Production17,569 MCF in Aug 2025
Wells on Property4

Our Valuation Estimates for Salt Lick

ShaleAssessment™

Not Available

MarketMultiple™

$883,734 **

* 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 Sep 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, TX901 BBLs15 MCFSep 2025
ArnoldMartin County, TX3,007 BBLs6,365 MCFSep 2025
Baby Face Nelson Unit 17-8Martin County, TX2,641 BBLs6,132 MCFAug 2025
BalconesMartin County, TX43,379 BBLs125,609 MCFSep 2025
Big Red Unit 75-82Martin County, TX260 BBLs1,703 MCFAug 2025
Deatherege 18Martin County, TX0 BBLs0 MCFJul 2023
Fightin Chicken Unit 17-19Martin County, TX2,036 BBLs12,680 MCFAug 2025
Jones 83Martin County, TX298 BBLs0 MCFSep 2025
MiddletonMartin County, TX148 BBLs0 MCFSep 2025
Moses Trust 69Martin County, TX457 BBLs0 MCFSep 2025
PennybackerMartin County, TX21,172 BBLs42,829 MCFSep 2025
Shake And Bake Unit 74-69Martin County, TX4,244 BBLs8,873 MCFAug 2025
SlaughterMartin County, TX128 BBLs0 MCFSep 2025
Slingshot Engaged Unit 75-82Martin County, TX4,474 BBLs6,256 MCFAug 2025
Spider Monkey Unit 17-19Martin County, TX1,786 BBLs6,292 MCFAug 2025
Stevie Ray EMartin County, TX14,585 BBLs45,783 MCFSep 2025
Stevie Ray W AllocationMartin County, TX2,907 BBLs9,570 MCFSep 2025
Texas Ranger Unit 17-19Martin County, TX1,990 BBLs12,411 MCFAug 2025
Thirsty GoatMartin County, TX16,821 BBLs46,539 MCFSep 2025
Walker Unit 16-20Martin County, TX4,264 BBLs14,798 MCFAug 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.
Mule Kick Operating LLC
Otb Operating, LLC
Ovintiv USA Inc.
Pioneer Natural Res. USA, Inc.
Roff Operating Company LLC
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
2025OVINTIV USA INCSALT LICK DOVINTIV USA
2025OVINTIV USA INCSALT LICK COVINTIV USA
2025OVINTIV USA INCSALT LICK BOVINTIV USA
2025LUTTRELL RICHARD LSALT LICK DOVINTIV USA
2025LUTTRELL RICHARD LSALT LICK COVINTIV USA
2025LUTTRELL RICHARD LSALT LICK BOVINTIV USA
20251979 ROYALTIES LPSALT LICK DOVINTIV USA
2025LUTTRELL RICHARD LSALT LICK AOVINTIV USA
Displaying 8 of 281 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.