Walker Unit 16-20

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Walker Unit 16-20 Oil & Gas Property

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Property Summary

Key data points for Walker Unit 16-20

CountyMartin County, TX
OperatorELEMENT PETROLEUM OP III, LLC
Production DatesSep 2021 - Jan 2024
Total Oil Production403,460 BBLs
Total Gas Production213,649 MCF
Recent Oil Production5,559 BBLs in Dec 2023
Recent Gas Production1,620 MCF in Dec 2023
Wells on Property3

Our Valuation Estimates for Walker Unit 16-20

ShaleAssessment™

Not Available

MarketMultiple™

$1,095,852 **

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

Based on a decimal interest

Walker Unit 16-20 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Walker Unit 16-20
from Sep 2021 to Jan 2024

Wells on Walker Unit 16-20

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-42871WALKER UNIT 16-20 1WAELEMENT PETROLEUM OP III, LLCProducingMartin County, TX32.491180-101.846773
42-317-43423WALKER UNIT 16-20 1LSELEMENT PETROLEUM OP III, LLCProducingMartin County, TX32.491192-101.846686
42-317-43909WALKER UNIT 16-20 1JMELEMENT PETROLEUM OP III, LLCProducingMartin County, TX32.491649-101.845876

Leases included in Walker Unit 16-20

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-56451WALKER UNIT 16-20ELEMENT PETROLEUM OP III, LLCMartin County, TX

Nearby Properties

These are the closest 20 properties to the Walker Unit 16-20 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Baby Face Nelson Unit 17-8Martin County, TX2,773 BBLs608 MCFJan 2024
Butchee 2Martin County, TX2,211 BBLs1,124 MCFJan 2024
CaveMartin County, TX487 BBLs302 MCFJan 2024
CookMartin County, TX1,793 BBLs0 MCFJan 2024
Deatherege 18Martin County, TX0 BBLs0 MCFJul 2023
Fightin Chicken Unit 17-19Martin County, TX2,380 BBLs473 MCFJan 2024
Gary Lamb 14Martin County, TX53 BBLs36 MCFJan 2024
Jones 83Martin County, TX611 BBLs467 MCFJan 2024
KogerMartin County, TX7,505 BBLs8,287 MCFJan 2024
MarshallMartin County, TX139 BBLs10 MCFJan 2024
MiddletonMartin County, TX124 BBLs0 MCFJan 2024
OaksMartin County, TX175 BBLs163 MCFJan 2024
PennybackerMartin County, TX44,119 BBLs78,491 MCFJan 2024
RufusMartin County, TX1,844 BBLs0 MCFJan 2024
Salt LickMartin County, TX14,606 BBLs15,385 MCFJan 2024
SlaughterMartin County, TX308 BBLs0 MCFJan 2024
Spider Monkey Unit 17-19Martin County, TX1,528 BBLs281 MCFJan 2024
Stevie Ray EMartin County, TX12,278 BBLs16,303 MCFJan 2024
Texas Ranger Unit 17-19Martin County, TX5,360 BBLs1,285 MCFJan 2024
Thirsty GoatMartin County, TX17,794 BBLs22,653 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Walker Unit 16-20 property.

Company Name
Coastal Plains Energy Inc
Crownquest Operating, LLC
Diamondback E&P LLC
Element Petroleum Op III, LLC
Endeavor Energy Resources, LP
Enervest Operating LLC
Henry Petroleum LP
Houston Oil & Minerals Corp.
Ike Operating, LLC
Kaiser-Francis Oil Company
Legacy Reserves Operating LP
Maguire Oil Company
Mexco Energy Corporation
MGF Oil Corporation
Ovintiv USA Inc.
Pioneer Natural Res. USA, Inc.
Remuda Operating Company
Sage Energy Company
Santa Fe Energy Resources, Inc.
Stephens, Autry C.

Owners of Walker Unit 16-20

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023ELEMENT PETROLEUM OP III LLCWALKER UNIT 16-20ELEMENT PETROLEUM OP
2023BAUER ANELLA SLAUGHTER INT LTDWALKER UNIT 16-20ELEMENT PETROLEUM OP
2023JASE MINERALS LPWALKER UNIT 16-20ELEMENT PETROLEUM OP
2023BAUER RICHARD S SEP PROPERTYWALKER UNIT 16-20ELEMENT PETROLEUM OP
2023LETCHER MINERALS LLCWALKER UNIT 16-20ELEMENT PETROLEUM OP
2023BURCHELL FARM COMPANYWALKER UNIT 16-20ELEMENT PETROLEUM OP
2023XTO HOLDINGS LLCWALKER UNIT 16-20ELEMENT PETROLEUM OP
2023NICHOLS TERRYWALKER UNIT 16-20ELEMENT PETROLEUM OP
Displaying 8 of 30 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Walker Unit 16-20

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-56451WALKER UNIT 16-20Nov 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Nov 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Oct 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Oct 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Oct 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Sep 2023LPC CRUDE III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Sep 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Sep 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Sep 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Aug 2023LPC CRUDE III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Aug 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Aug 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Jul 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Jul 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Jul 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Jun 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Jun 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20May 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20May 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20May 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Apr 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Apr 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Mar 2023PLAINS MARKETING, L.P.ELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Mar 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC
08-56451WALKER UNIT 16-20Mar 2023ELEMENT PETROLEUM OPERATING III, LLCELEMENT PETROLEUM OPERATING III, LLC