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 - Mar 2026
Total Oil Production70,580 BBLs
Total Gas Production205,139 MCF
Recent Oil Production521 BBLs in Feb 2026
Recent Gas Production1,872 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Preston, Martha Jane

ShaleAssessment™

$5,593 *

MarketMultiple™

$62,425 **

* 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 Mar 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, TX305 BBLs500 MCFMar 2026
BrooksMidland County, TX1,414 BBLs2,082 MCFMar 2026
Brooks-Leonard 48Midland County, TX3,499 BBLs13,475 MCFMar 2026
DameronMidland County, TX122 BBLs190 MCFMar 2026
DunnMidland County, TX127 BBLs241 MCFMar 2026
Elkin-Nichols UnitMidland County, TX0 BBLs0 MCFJun 2024
Evangeline AMidland County, TX83 BBLs211 MCFMar 2026
Hooper 39Midland County, TX0 BBLs0 MCFDec 2024
Hulk SmashMidland County, TX67,252 BBLs220,184 MCFMar 2026
LucyMidland County, TX3,048 BBLs12,606 MCFMar 2026
Meissner-Raggett 37Midland County, TX30,480 BBLs133,433 MCFMar 2026
My Truelove 38Midland County, TX552 BBLs3,063 MCFMar 2026
NicholsMidland County, TX164 BBLs0 MCFMar 2026
SandefurMidland County, TX452 BBLs634 MCFMar 2026
Shady OaksMidland County, TX6,029 BBLs106,197 MCFMar 2026
SpringerMidland County, TX290 BBLs719 MCFMar 2026
StatonMidland County, TX122 BBLs0 MCFMar 2026
WhitefieldMidland County, TX0 BBLs0 MCFSep 2023
Willow LakesMidland County, TX3,759 BBLs13,045 MCFMar 2026
Zoe 37Midland County, TX403 BBLs2,004 MCFMar 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
Extex Operating Company
Hat Oil & Gas, Inc.
Oxyrock Operating, LLC
Parker & Parsley Development Co.
Parker & Parsley Development L.P
Ped Oil Corporation
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
Vogel, A. J., Inc.
WTG Exploration

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
2025LUTTRELL RICHARD LPRESTON MARTHA JANEDIAMONDBACK E&P LLC
2025WIGGINS CHARLES RPRESTON 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 JANEFeb 2026TROUBADOUR ENERGY HOLDINGS, LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEFeb 2026MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEFeb 2026ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEJan 2026MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEJan 2026ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEDec 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-35356PRESTON, MARTHA JANEDec 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK 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