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 - Feb 2026
Total Oil Production155,454 BBLs
Total Gas Production286,665 MCF
Recent Oil Production276 BBLs in Jan 2026
Recent Gas Production0 MCF in Jan 2026
Wells on Property4

Our Valuation Estimates for Wheeler

ShaleAssessment™

$20,108 *

MarketMultiple™

$22,491 **

* 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 Feb 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, TX467 BBLs0 MCFFeb 2026
BillingtonMartin County, TX0 BBLs0 MCFMar 2025
Chesser 12Martin County, TX517 BBLs0 MCFFeb 2026
Claire 48-37Martin County, TX3,656 BBLs12,484 MCFFeb 2026
ClementsMartin County, TX123 BBLs0 MCFFeb 2026
FlanaganMartin County, TX75 BBLs312 MCFJan 2026
Flanagan Annie Oil ManagementMartin County, TX132 BBLs561 MCFFeb 2026
Frances 12Martin County, TX20,884 BBLs141,232 MCFFeb 2026
Freddy The Falcon 2-11Martin County, TX19,831 BBLs203,679 MCFFeb 2026
Hightower 10Martin County, TX39,847 BBLs132,056 MCFFeb 2026
KoonceMartin County, TX234 BBLs285 MCFFeb 2026
Marienfeld 13Martin County, TX23,233 BBLs140,122 MCFFeb 2026
McAlpine-GrishamMartin County, TX36,343 BBLs313,684 MCFFeb 2026
MeekMartin County, TX67 BBLs2,095 MCFFeb 2026
MillhollonMartin County, TX202 BBLs560 MCFFeb 2026
PetersMartin County, TX36,523 BBLs159,607 MCFFeb 2026
TerrellMartin County, TX680 BBLs3,980 MCFFeb 2026
Tom 4Martin County, TX87 BBLs5 MCFFeb 2026
Tom RMartin County, TX0 BBLs0 MCFJun 2023
YaterMartin County, TX23,489 BBLs143,176 MCFFeb 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
Mariner Energy, Inc.
Meritage Energy Company LLC
MGF Oil Corporation
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
2025WOLCOTT RANCH LLCWHEELER "2" #1,2MIDLAND ENERGY INC
2025JAWH OIL & GAS 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.