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 - Mar 2026
Total Oil Production45,629 BBLs
Total Gas Production20,882 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Shanks

ShaleAssessment™

$2,062 *

MarketMultiple™

$4,528 **

* 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 Mar 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 NameOperatorCounty
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, TX647 BBLs0 MCFMay 2026
BillingtonMidland County, TX441 BBLs0 MCFMay 2026
ConnellMartin County, TX0 BBLs0 MCFJul 2025
GlynnMartin County, TX207 BBLs53 MCFMay 2026
GrahamMartin County, TX690 BBLs1,962 MCFMay 2026
GravesMidland County, TX1,069 BBLs581 MCFMay 2026
Gray UnitMartin County, TX212 BBLs850 MCFMay 2026
Hightower 10Martin County, TX28,839 BBLs115,166 MCFMay 2026
Ireton "9"Martin County, TX416 BBLs285 MCFMay 2026
Iverson 17Martin County, TX0 BBLs0 MCFMar 2026
KnoxMartin County, TX19,713 BBLs91,660 MCFMay 2026
KoonceMartin County, TX338 BBLs391 MCFMay 2026
Lukens 28Martin County, TX0 BBLs0 MCFNov 2014
McAdamsMartin County, TX1,110 BBLs1,140 MCFMay 2026
McClaneMartin County, TX307 BBLs452 MCFMay 2026
MorrisonMartin County, TX584 BBLs0 MCFApr 2026
MottMartin County, TX27,238 BBLs185,272 MCFMay 2026
Newland-Ballard "16"Martin County, TX303 BBLs454 MCFMay 2026
WashingtonMartin County, TX5,351 BBLs34,822 MCFMay 2026
WhiteMartin County, TX1,476 BBLs1,235 MCFMay 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.