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 - Sep 2025
Total Oil Production67,576 BBLs
Total Gas Production195,381 MCF
Recent Oil Production560 BBLs in Aug 2025
Recent Gas Production1,551 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Preston, Martha Jane

ShaleAssessment™

$6,042 *

MarketMultiple™

$76,659 **

* 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 Sep 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, TX377 BBLs751 MCFSep 2025
BrooksMidland County, TX2,215 BBLs4,202 MCFSep 2025
Brooks-Leonard 48Midland County, TX6,858 BBLs41,163 MCFSep 2025
BurkeMidland County, TX337 BBLs221 MCFSep 2025
DameronMidland County, TX91 BBLs161 MCFSep 2025
DunnMidland County, TX597 BBLs555 MCFSep 2025
Elkin-Nichols UnitMidland County, TX0 BBLs0 MCFJun 2024
Evangeline AMidland County, TX138 BBLs296 MCFSep 2025
Hooper 39Midland County, TX0 BBLs0 MCFDec 2024
Hulk SmashMidland County, TX159,675 BBLs341,841 MCFSep 2025
LucyMidland County, TX2,967 BBLs12,834 MCFSep 2025
MeissnerMidland County, TX0 BBLs0 MCFMay 2023
Meissner-Raggett 37Midland County, TX68,684 BBLs199,940 MCFSep 2025
My Truelove 38Midland County, TX809 BBLs4,117 MCFSep 2025
NicholsMidland County, TX220 BBLs0 MCFAug 2025
SandefurMidland County, TX637 BBLs847 MCFSep 2025
Shady OaksMidland County, TX6,122 BBLs103,038 MCFSep 2025
SpringerMidland County, TX20 BBLs297 MCFSep 2025
StatonMidland County, TX81 BBLs0 MCFSep 2025
Willow LakesMidland County, TX4,022 BBLs585 MCFSep 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 JANEApr 2025MID-CON CARRIERS CORP.DIAMONDBACK 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.
08-35356PRESTON, MARTHA JANEOct 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEOct 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANESep 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANESep 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEAug 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEAug 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEJul 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEApr 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEApr 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEMar 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEFeb 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEFeb 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEJan 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEJan 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEDec 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-35356PRESTON, MARTHA JANEDec 2023ENTERPRISE MIDLAND BASIN MIDSTREAM LLCENDEAVOR ENERGY RESOURCES, L.P.