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 - Jun 2026
Total Oil Production156,122 BBLs
Total Gas Production286,665 MCF
Recent Oil Production177 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property4

Our Valuation Estimates for Wheeler

ShaleAssessment™

$19,129 *

MarketMultiple™

$22,121 **

* 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 Jun 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, TX503 BBLs2,188 MCFJun 2026
BillingtonMartin County, TX0 BBLs0 MCFMar 2025
Chesser 12Martin County, TX425 BBLs2,179 MCFJun 2026
Claire 48-37Martin County, TX5,744 BBLs7,425 MCFJun 2026
ClementsMartin County, TX85 BBLs0 MCFJun 2026
FlanaganMartin County, TX444 BBLs1,008 MCFJun 2026
Flanagan Annie Oil ManagementMartin County, TX96 BBLs295 MCFJun 2026
Frances 12Martin County, TX18,592 BBLs150,182 MCFJun 2026
Freddy The Falcon 2-11Martin County, TX17,385 BBLs197,741 MCFJun 2026
Hightower 10Martin County, TX23,830 BBLs104,748 MCFJun 2026
KoonceMartin County, TX269 BBLs392 MCFJun 2026
Marienfeld 13Martin County, TX20,831 BBLs131,849 MCFJun 2026
McAlpine-GrishamMartin County, TX40,239 BBLs388,508 MCFJun 2026
MeekMartin County, TX0 BBLs0 MCFApr 2026
PetersMartin County, TX35,164 BBLs189,989 MCFJun 2026
PorterMartin County, TX305 BBLs966 MCFJun 2026
TerrellMartin County, TX371 BBLs3,499 MCFJun 2026
Tom 4Martin County, TX274 BBLs156 MCFJun 2026
Tom RMartin County, TX0 BBLs0 MCFJun 2023
YaterMartin County, TX27,357 BBLs153,373 MCFJun 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
2026MIDLAND ENERGY INCWHEELER "2" #1,2MIDLAND ENERGY INC

Oil & Gas Sales on Wheeler

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