Salt Lick

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Salt Lick

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesFeb 2023 - Jan 2024
Total Oil Production294,190 BBLs
Total Gas Production199,573 MCF
Recent Oil Production14,606 BBLs in Dec 2023
Recent Gas Production15,385 MCF in Dec 2023
Wells on Property4

Our Valuation Estimates for Salt Lick

ShaleAssessment

Not Available

MarketMultiple

$3,323,578 **

* 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 Jan 2024

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, TX2,140 BBLs58 MCFJan 2024
ArnoldMartin County, TX6,634 BBLs7,837 MCFJan 2024
Baby Face Nelson Unit 17-8Martin County, TX2,773 BBLs608 MCFJan 2024
BalconesMartin County, TX154,938 BBLs181,014 MCFJan 2024
Big Red Unit 75-82Martin County, TX0 BBLs0 MCFOct 2023
Deatherege 18Martin County, TX0 BBLs0 MCFJul 2023
Fightin Chicken Unit 17-19Martin County, TX2,380 BBLs473 MCFJan 2024
Jones 83Martin County, TX611 BBLs467 MCFJan 2024
MiddletonMartin County, TX124 BBLs0 MCFJan 2024
Moses Trust 69Martin County, TX412 BBLs0 MCFJan 2024
PennybackerMartin County, TX44,119 BBLs78,491 MCFJan 2024
Shake And Bake Unit 74-69Martin County, TX4,478 BBLs1,003 MCFJan 2024
SlaughterMartin County, TX308 BBLs0 MCFJan 2024
Slingshot Engaged Unit 75-82Martin County, TX4,981 BBLs971 MCFJan 2024
Spider Monkey Unit 17-19Martin County, TX1,528 BBLs281 MCFJan 2024
Stevie Ray EMartin County, TX12,278 BBLs16,303 MCFJan 2024
Stevie Ray W AllocationMartin County, TX5,604 BBLs13,367 MCFJan 2024
Texas Ranger Unit 17-19Martin County, TX5,360 BBLs1,285 MCFJan 2024
Thirsty GoatMartin County, TX17,794 BBLs22,653 MCFJan 2024
Walker Unit 16-20Martin County, TX5,559 BBLs1,620 MCFJan 2024

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

Oil & Gas Sales on Salt Lick

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-58506SALT LICK DDec 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58580SALT LICK ADec 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58581SALT LICK CDec 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58673SALT LICK BDec 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58580SALT LICK ANov 2023OVINTIV USA INC.
08-58580SALT LICK ANov 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58673SALT LICK BNov 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58581SALT LICK CNov 2023OVINTIV USA INC.
08-58581SALT LICK CNov 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58673SALT LICK BNov 2023OVINTIV USA INC.
08-58506SALT LICK DNov 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58506SALT LICK DNov 2023OVINTIV USA INC.
08-58506SALT LICK DOct 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58580SALT LICK AOct 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58580SALT LICK AOct 2023OVINTIV USA INC.
08-58673SALT LICK BOct 2023OVINTIV USA INC.
08-58581SALT LICK COct 2023OVINTIV USA INC.
08-58581SALT LICK COct 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58673SALT LICK BOct 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58506SALT LICK DOct 2023OVINTIV USA INC.
08-58673SALT LICK BSep 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58581SALT LICK CSep 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58506SALT LICK DSep 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58580SALT LICK ASep 2023DK TRADING & SUPPLY, LLCPETROLEGACY ENERGY II, LLC
08-58673SALT LICK BAug 2023OVINTIV USA INC.