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 - Jan 2026
Total Oil Production69,558 BBLs
Total Gas Production201,169 MCF
Recent Oil Production563 BBLs in Dec 2025
Recent Gas Production2,034 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Preston, Martha Jane

ShaleAssessment™

$5,728 *

MarketMultiple™

$63,672 **

* 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 Jan 2026

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, TX632 BBLs1,010 MCFJan 2026
BrooksMidland County, TX2,429 BBLs4,067 MCFJan 2026
Brooks-Leonard 48Midland County, TX6,367 BBLs41,287 MCFJan 2026
BurkeMidland County, TX332 BBLs279 MCFJan 2026
DameronMidland County, TX148 BBLs276 MCFJan 2026
DunnMidland County, TX231 BBLs307 MCFJan 2026
Elkin-Nichols UnitMidland County, TX0 BBLs0 MCFJun 2024
Evangeline AMidland County, TX93 BBLs225 MCFJan 2026
Hooper 39Midland County, TX0 BBLs0 MCFDec 2024
Hulk SmashMidland County, TX90,688 BBLs328,265 MCFJan 2026
LucyMidland County, TX2,084 BBLs7,966 MCFJan 2026
MeissnerMidland County, TX0 BBLs0 MCFMay 2023
Meissner-Raggett 37Midland County, TX54,103 BBLs241,151 MCFJan 2026
My Truelove 38Midland County, TX651 BBLs3,349 MCFJan 2026
NicholsMidland County, TX201 BBLs0 MCFDec 2025
SandefurMidland County, TX288 BBLs424 MCFJan 2026
Shady OaksMidland County, TX6,698 BBLs107,966 MCFJan 2026
SpringerMidland County, TX387 BBLs1,091 MCFJan 2026
StatonMidland County, TX109 BBLs0 MCFJan 2026
Willow LakesMidland County, TX2,278 BBLs7,391 MCFJan 2026

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.