Wheeler

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Wheeler

CountyMartin County, TX
Production DatesOct 2008 - Apr 2026
Total Oil Production155,793 BBLs
Total Gas Production286,665 MCF
Recent Oil Production175 BBLs in Mar 2026
Recent Gas Production0 MCF in Mar 2026
Wells on Property4

Our Valuation Estimates for Wheeler

ShaleAssessment™

$19,620 *

MarketMultiple™

$20,400 **

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

Based on a decimal interest

Wheeler Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Wheeler
from Oct 2008 to Apr 2026

Wells on Wheeler

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-10079WHEELER 1H & O OPERATING COPlugged Oil WellMartin County, TX32.157912-101.807742
42-317-33242WHEELER "2" 1HENDON EXPLORATION, INC.Plugged Oil WellMartin County, TX32.159482-101.806899
42-317-35389WHEELER 2 1MIDLAND ENERGY, INC.ProducingMartin County, TX32.158819-101.810168
42-317-35914WHEELER 2 2MIDLAND ENERGY, INC.ProducingMartin County, TX32.157716-101.804742

Leases included in Wheeler

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-18242WHEELERUNION OIL COMPANY OF CALIFORNIAMartin County, TX
08-30733WHEELER -2-UNION OIL COMPANY OF CALIFORNIAMartin County, TX
08-39097WHEELER "2"MIDLAND ENERGY, INC.Martin County, TX

Operators Associated With Wheeler

Nearby Properties

These are the closest 20 properties to the Wheeler property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong 12Martin County, TX505 BBLs0 MCFApr 2026
BillingtonMartin County, TX0 BBLs0 MCFMar 2025
Chesser 12Martin County, TX449 BBLs0 MCFApr 2026
Claire 48-37Martin County, TX10,770 BBLs7,327 MCFApr 2026
ClementsMartin County, TX83 BBLs0 MCFApr 2026
Faee 47Martin County, TX316 BBLs0 MCFMar 2026
FlanaganMartin County, TX0 BBLs0 MCFApr 2026
Flanagan Annie Oil ManagementMartin County, TX113 BBLs499 MCFApr 2026
Frances 12Martin County, TX22,818 BBLs163,422 MCFApr 2026
Freddy The Falcon 2-11Martin County, TX17,869 BBLs198,215 MCFApr 2026
Hall 11Martin County, TX291 BBLs1,786 MCFApr 2026
Hightower 10Martin County, TX39,767 BBLs146,240 MCFApr 2026
Jones BrosMartin County, TX261 BBLs1,993 MCFApr 2026
McAlpine-GrishamMartin County, TX38,740 BBLs359,120 MCFApr 2026
MeekMartin County, TX56 BBLs1,879 MCFApr 2026
PetersMartin County, TX38,290 BBLs185,110 MCFApr 2026
TerrellMartin County, TX861 BBLs4,749 MCFApr 2026
Tom 4Martin County, TX274 BBLs0 MCFApr 2026
Tom RMartin County, TX0 BBLs0 MCFJun 2023
YaterMartin County, TX27,349 BBLs158,835 MCFApr 2026

Companies in the Area

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

Company Name
Aghorn Operating, Inc.
Alta Energy Corporation
Arya Resources, LLC
Berry Oil Comp.
Birch Operations, Inc.
Blair Exploration, Inc.
Brown Tom Inc
Civitas Permian Operating, LLC
Diamondback E&P LLC
Energen Resources Corporation
Keystone Energy Oil & Gas Inc
Meritage Energy Company LLC
MGF Oil Corporation
New Height Energy, LLC
Ovintiv USA Inc.
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Rosewood Resources Inc
Vencer Energy, LLC
XTO Energy Inc.

Owners of Wheeler

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025ANAXIMANDER LLCWHEELER "2" #1,2MIDLAND ENERGY INC
2025MIDLAND ENERGY INCWHEELER "2" #1,2MIDLAND ENERGY INC
2025MIDLAND ENERGY INCWHEELER "2" #1,2MIDLAND ENERGY INC
2025WOODWARD JOHN 1966 INV TRUSTWHEELER "2" #1,2MIDLAND ENERGY INC
2025REEVES FAMILY PROPERTIES LPWHEELER "2" #1,2MIDLAND ENERGY INC
2025JAWH OIL & GAS LLCWHEELER "2" #1,2MIDLAND ENERGY INC
2025WOLCOTT RANCH LLCWHEELER "2" #1,2MIDLAND ENERGY INC
2025LGA ENERGY & REAL ESTATE LPWHEELER "2" #1,2MIDLAND ENERGY INC
Displaying 8 of 23 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Wheeler

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39097WHEELER "2"Feb 2026SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Feb 2026DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jan 2026SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jan 2026DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Dec 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Dec 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Nov 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Nov 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Oct 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Oct 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Sep 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Sep 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Aug 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Aug 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jul 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jul 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jun 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jun 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"May 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"May 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Apr 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Apr 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Mar 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Feb 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jan 2025SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.