Shanks

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Shanks

CountyMartin County, TX
Production DatesJan 1993 - Jul 2025
Total Oil Production45,165 BBLs
Total Gas Production20,882 MCF
Recent Oil Production90 BBLs in Jun 2025
Recent Gas Production0 MCF in Jun 2025
Wells on Property2

Our Valuation Estimates for Shanks

ShaleAssessment

$2,327 *

MarketMultiple

$6,183 **

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

Based on a decimal interest

Shanks Production Graph

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

Wells on Shanks

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-32833SHANKS 1PARKER & PARSLEY, INC.Canceled LocationMartin County, TX32.121214-101.819769
42-317-32958SHANKS 1DIAMONDBACK E&P LLCProducingMartin County, TX32.120504-101.820190

Leases included in Shanks

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-16543SHANKS UNITCOX, JOHN L.Martin County, TX
08-29589SHANKSDIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Shanks

Nearby Properties

These are the closest 20 properties to the Shanks property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AtchisonMartin County, TX877 BBLs0 MCFJul 2025
BillingtonMidland County, TX0 BBLs0 MCFMay 2025
ConnellMartin County, TX1 BBLs410 MCFJul 2025
FletcherMartin County, TX7,938 BBLs32,184 MCFJul 2025
GlynnMartin County, TX239 BBLs327 MCFJul 2025
GrahamMartin County, TX951 BBLs2,213 MCFJul 2025
GravesMidland County, TX1,215 BBLs812 MCFJul 2025
Gray UnitMartin County, TX234 BBLs871 MCFJul 2025
Hightower 10Martin County, TX54,346 BBLs196,049 MCFJul 2025
Iverson 17Martin County, TX226 BBLs10 MCFJul 2025
KnoxMartin County, TX21,977 BBLs91,365 MCFJul 2025
KoonceMartin County, TX407 BBLs896 MCFJul 2025
Lukens 28Martin County, TX0 BBLs0 MCFNov 2014
McAdamsMartin County, TX1,069 BBLs631 MCFJul 2025
McClaneMartin County, TX233 BBLs265 MCFJul 2025
MorrisonMartin County, TX940 BBLs742 MCFJul 2025
MottMartin County, TX43,033 BBLs205,348 MCFJul 2025
Todd 27Martin County, TX337 BBLs374 MCFJul 2025
WashingtonMartin County, TX8,897 BBLs68,732 MCFJul 2025
WhiteMartin County, TX1,776 BBLs1,672 MCFJul 2025

Owners of Shanks

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCSHANKSDIAMONDBACK E&P LLC

Oil & Gas Sales on Shanks

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-29589SHANKSApr 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-29589SHANKSJan 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-29589SHANKSJul 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMay 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMar 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJan 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSDec 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSNov 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJul 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJun 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMay 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMar 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSFeb 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJan 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSDec 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSNov 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSOct 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSSep 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSAug 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJul 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJun 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMar 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSFeb 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJan 2021OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSDec 2020OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.