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 - Aug 2025
Total Oil Production154,270 BBLs
Total Gas Production286,665 MCF
Recent Oil Production139 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property4

Our Valuation Estimates for Wheeler

ShaleAssessment™

$21,771 *

MarketMultiple™

$35,667 **

* 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 Aug 2025

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, TX507 BBLs0 MCFAug 2025
BillingtonMartin County, TX0 BBLs0 MCFApr 2025
Chesser 12Martin County, TX456 BBLs0 MCFAug 2025
Claire 48-37Martin County, TX8,331 BBLs15,468 MCFAug 2025
ClementsMartin County, TX97 BBLs0 MCFAug 2025
FlanaganMartin County, TX481 BBLs1,159 MCFAug 2025
Flanagan Annie Oil ManagementMartin County, TX0 BBLs0 MCFMay 2025
Frances 12Martin County, TX25,907 BBLs160,865 MCFAug 2025
Freddy The Falcon 2-11Martin County, TX16,791 BBLs191,300 MCFJul 2025
Hightower 10Martin County, TX51,341 BBLs193,703 MCFAug 2025
Jones BrosMartin County, TX287 BBLs2,403 MCFAug 2025
KoonceMartin County, TX605 BBLs997 MCFAug 2025
McAlpine-GrishamMartin County, TX49,093 BBLs351,371 MCFAug 2025
MeekMartin County, TX64 BBLs1,210 MCFAug 2025
PetersMartin County, TX19,816 BBLs80,415 MCFAug 2025
PorterMartin County, TX325 BBLs1,007 MCFAug 2025
TerrellMartin County, TX475 BBLs1,405 MCFAug 2025
Tom 4Martin County, TX113 BBLs161 MCFAug 2025
Tom RMartin County, TX0 BBLs0 MCFJun 2023
YaterMartin County, TX29,249 BBLs168,876 MCFAug 2025

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"Apr 2025SHELL TRADING (US) COMPANYMIDLAND 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.
08-39097WHEELER "2"Jan 2025DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Dec 2024DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Dec 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Nov 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Oct 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Sep 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Aug 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jul 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jun 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"May 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"May 2024DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Apr 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Apr 2024DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Mar 2024DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Mar 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Feb 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Feb 2024DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jan 2024SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.
08-39097WHEELER "2"Jan 2024DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Dec 2023DCP OPERATING COMPANY, LPMIDLAND ENERGY, INC.
08-39097WHEELER "2"Dec 2023SHELL TRADING (US) COMPANYMIDLAND ENERGY, INC.