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 - Sep 2025
Total Oil Production45,383 BBLs
Total Gas Production20,882 MCF
Recent Oil Production120 BBLs in Aug 2025
Recent Gas Production0 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Shanks

ShaleAssessment™

$2,256 *

MarketMultiple™

$8,966 **

* 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 Sep 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, TX874 BBLs0 MCFSep 2025
BillingtonMidland County, TX451 BBLs0 MCFAug 2025
ConnellMartin County, TX0 BBLs13 MCFAug 2025
FletcherMartin County, TX8,819 BBLs41,473 MCFSep 2025
GlynnMartin County, TX235 BBLs387 MCFSep 2025
GrahamMartin County, TX890 BBLs2,321 MCFSep 2025
GravesMidland County, TX1,244 BBLs657 MCFSep 2025
Gray UnitMartin County, TX183 BBLs656 MCFSep 2025
Hightower 10Martin County, TX49,164 BBLs188,188 MCFSep 2025
Iverson 17Martin County, TX304 BBLs45 MCFSep 2025
KnoxMartin County, TX18,001 BBLs89,845 MCFSep 2025
KoonceMartin County, TX281 BBLs839 MCFSep 2025
Lukens 28Martin County, TX0 BBLs0 MCFNov 2014
McAdamsMartin County, TX1,054 BBLs1,358 MCFSep 2025
McClaneMartin County, TX293 BBLs361 MCFSep 2025
MorrisonMartin County, TX903 BBLs0 MCFSep 2025
MottMartin County, TX46,253 BBLs217,929 MCFSep 2025
Todd 27Martin County, TX345 BBLs483 MCFSep 2025
WashingtonMartin County, TX7,460 BBLs54,450 MCFSep 2025
WhiteMartin County, TX1,738 BBLs0 MCFSep 2025

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
Extex Operating Company
Lario Oil & Gas Company
McCann Corporation
Midland Energy, Inc.
Oxy USA Inc
Parker & Parsley Development Co.
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Purvis, J. H.
Sahara Operating Company
Scout Energy Management LLC
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
08-29589SHANKSApr 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.