Preston, Martha Jane

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. Preston, Martha Jane Oil & Gas Property

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Property Summary

Key data points for Preston, Martha Jane

CountyMidland County, TX
Production DatesApr 1997 - Nov 2025
Total Oil Production68,493 BBLs
Total Gas Production197,199 MCF
Recent Oil Production494 BBLs in Oct 2025
Recent Gas Production1,008 MCF in Oct 2025
Wells on Property2

Our Valuation Estimates for Preston, Martha Jane

ShaleAssessment™

$5,878 *

MarketMultiple™

$66,037 **

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

Based on a decimal interest

Preston, Martha Jane Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Preston, Martha Jane
from Apr 1997 to Nov 2025

Wells on Preston, Martha Jane

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-33649PRESTON, MARTHA JANE 1CANDELERO OIL & GAS COMPANYPlugged Oil WellMidland County, TX32.022142-101.976533
42-329-36618PRESTON MARTHA JANE 2DIAMONDBACK E&P LLCProducingMidland County, TX32.020785-101.980818

Leases included in Preston, Martha Jane

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-35356PRESTON, MARTHA JANEDIAMONDBACK E&P LLCMidland County, TX

Operators Associated With Preston, Martha Jane

Nearby Properties

These are the closest 20 properties to the Preston, Martha Jane property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BendMidland County, TX628 BBLs991 MCFNov 2025
BrooksMidland County, TX2,192 BBLs4,311 MCFNov 2025
Brooks-Leonard 48Midland County, TX7,743 BBLs47,602 MCFNov 2025
BurkeMidland County, TX341 BBLs230 MCFNov 2025
DameronMidland County, TX152 BBLs268 MCFNov 2025
DunnMidland County, TX282 BBLs402 MCFNov 2025
Elkin-Nichols UnitMidland County, TX0 BBLs0 MCFJun 2024
Evangeline AMidland County, TX89 BBLs238 MCFNov 2025
Hooper 39Midland County, TX0 BBLs0 MCFDec 2024
Hulk SmashMidland County, TX117,288 BBLs383,135 MCFOct 2025
LucyMidland County, TX1,235 BBLs3,945 MCFNov 2025
MeissnerMidland County, TX0 BBLs0 MCFMay 2023
Meissner-Raggett 37Midland County, TX53,814 BBLs184,752 MCFNov 2025
My Truelove 38Midland County, TX725 BBLs3,584 MCFNov 2025
NicholsMidland County, TX207 BBLs0 MCFOct 2025
SandefurMidland County, TX539 BBLs579 MCFNov 2025
Shady OaksMidland County, TX7,304 BBLs112,415 MCFNov 2025
SpringerMidland County, TX400 BBLs1,141 MCFNov 2025
StatonMidland County, TX80 BBLs0 MCFNov 2025
Willow LakesMidland County, TX2,571 BBLs3,651 MCFNov 2025

Companies in the Area

These are the closest 20 companies operating near the Preston, Martha Jane property.

Company Name
Basin Oil & Gas Operating LLC
Black Arrow Operating, LLC
Caza Operating, LLC
Davis & Carr Energy Co.
De3 Operating LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Extex Operating Company
Hat Oil & Gas, Inc.
Oxyrock Operating, LLC
Parker & Parsley Development Co.
Parker & Parsley Development L.P
Permian Resources Operating, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Prime Operating Company
TMBR/Sharp Drilling, Inc.
Trail Ridge Energy PRTNS II LLC
V-F Petroleum Inc.
Vogel, A. J., Inc.

Owners of Preston, Martha Jane

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLC WIPRESTON MARTHA JANEDIAMONDBACK E&P LLC
2025WIGGINS CHARLES RPRESTON MARTHA JANEDIAMONDBACK E&P LLC
2025LUTTRELL RICHARD LPRESTON MARTHA JANEDIAMONDBACK E&P LLC
2025OMJV1 MINERALS SUB LLCPRESTON MARTHA JANEDIAMONDBACK E&P LLC
2025PRESTON GILLIAN GPRESTON MARTHA JANEDIAMONDBACK E&P LLC
2025RETAMA MINERALSPRESTON MARTHA JANEDIAMONDBACK E&P LLC
2025SITIO PERMIAN LLCPRESTON MARTHA JANEDIAMONDBACK E&P LLC
2025BUCKHORN MINERALS IV LPPRESTON MARTHA JANEDIAMONDBACK E&P LLC
Displaying 8 of 28 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Preston, Martha Jane

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-35356PRESTON, MARTHA JANEDec 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANENov 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANENov 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEOct 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEOct 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANESep 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANESep 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEAug 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEAug 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEJul 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEJul 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEJun 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEJun 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEMay 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEMay 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEApr 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEApr 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEMar 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEMar 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEFeb 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEFeb 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEJan 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEJan 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANENov 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANENov 2024ENTERPRISE PRODUCTS OPERATING LLCENDEAVOR ENERGY RESOURCES, L.P.