Shanks

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Shanks

CountyMartin County, TX
Production DatesJan 1993 - Feb 2026
Total Oil Production45,627 BBLs
Total Gas Production20,882 MCF
Recent Oil Production40 BBLs in Jan 2026
Recent Gas Production0 MCF in Jan 2026
Wells on Property2

Our Valuation Estimates for Shanks

ShaleAssessment™

$2,091 *

MarketMultiple™

$8,517 **

* 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 Feb 2026

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, TX752 BBLs0 MCFFeb 2026
BillingtonMidland County, TX380 BBLs0 MCFJan 2026
ConnellMartin County, TX4 BBLs0 MCFFeb 2026
FletcherMartin County, TX6,870 BBLs33,007 MCFFeb 2026
GlynnMartin County, TX206 BBLs276 MCFFeb 2026
GrahamMartin County, TX725 BBLs1,933 MCFFeb 2026
GravesMidland County, TX916 BBLs527 MCFFeb 2026
Gray UnitMartin County, TX179 BBLs731 MCFFeb 2026
Hightower 10Martin County, TX39,847 BBLs132,056 MCFFeb 2026
Iverson 17Martin County, TX142 BBLs4 MCFFeb 2026
KnoxMartin County, TX21,824 BBLs60,599 MCFFeb 2026
KoonceMartin County, TX234 BBLs285 MCFFeb 2026
LafayetteMartin County, TX13,451 BBLs66,806 MCFFeb 2026
Lukens 28Martin County, TX0 BBLs0 MCFNov 2014
McAdamsMartin County, TX602 BBLs582 MCFFeb 2026
McClaneMartin County, TX0 BBLs0 MCFFeb 2026
MorrisonMartin County, TX884 BBLs0 MCFFeb 2026
MottMartin County, TX32,772 BBLs179,176 MCFFeb 2026
WashingtonMartin County, TX6,655 BBLs38,253 MCFFeb 2026
WhiteMartin County, TX1,479 BBLs1,439 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Shanks property.

Company Name
Black Arrow Operating, LLC
Blair, Jack N.
Breitburn Operating LP
Brown Tom Inc
Bta Oil Producers
Cox, John L.
Diamondback E&P LLC
Endeavor Energy Resources, LP
Lario Oil & Gas Company
Legacy Reserves Operating LP
McCann Corporation
Midland Energy, Inc.
New Height Energy, LLC
Oxy USA Inc
Parker & Parsley Development Co.
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Purvis, J. H.
Sahara Operating Company
Walsh & Watts Inc

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
08-29589SHANKSJan 2026MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-29589SHANKSSep 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-29589SHANKSAug 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-29589SHANKSJun 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-29589SHANKSApr 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-29589SHANKSJan 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-29589SHANKSJul 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMay 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMar 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJan 2024OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSDec 2023OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSNov 2023OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJul 2022OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJun 2022OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMay 2022OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSMar 2022OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSFeb 2022OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJan 2022OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSDec 2021OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSNov 2021OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSOct 2021OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSSep 2021OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSAug 2021OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJul 2021OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.
08-29589SHANKSJun 2021OASIS ENERGY SOLUTIONS LLCENDEAVOR ENERGY RESOURCES, L.P.