Kearney Martin

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Kearney Martin

CountyReeves County, TX
OperatorPENNANT DEV. AND PROD., LLC
Production DatesJan 1993 - Jun 2025
Total Oil Production7,535 BBLs
Total Gas Production20 MCF
Recent Oil Production30 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property2

Our Valuation Estimates for Kearney Martin

ShaleAssessment

$376 *

MarketMultiple

$1,345 **

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

Based on a decimal interest

Kearney Martin Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Kearney Martin
from Jan 1993 to Jun 2025

Wells on Kearney Martin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-01020KEARNEY MARTIN 116PENNANT DEV. AND PROD., LLCProducingReeves County, TX31.345544-103.223639
42-389-10549KEARNEY MARTIN 2PENNANT DEV. AND PROD., LLCProducingReeves County, TX31.349237-103.222490

Leases included in Kearney Martin

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-021108KEARNEY MARTIN 116Reeves County, TX
08-20440KEARNEY, MARTINPENNANT DEV. AND PROD., LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Kearney Martin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Cleveland RReeves County, TX354 BBLs7,914 MCFJun 2025
Evelyn Bauer UnitReeves County, TX941 BBLs911 MCFJun 2025
Golenternek-RudmanReeves County, TX151 BBLs101 MCFJun 2025
Jane M GravesReeves County, TX13,275 BBLs73,995 MCFJun 2025
Monsanto McKellReeves County, TX0 BBLs6,173 MCFJun 2025
RoxieReeves County, TX0 BBLs0 MCFNov 2016
State Azteca 15-3 AReeves County, TX2,824 BBLs9,838 MCFJun 2025
State BReeves County, TX8,367 BBLs59,305 MCFJun 2025
State Gypsy 16-4Reeves County, TX6,932 BBLs68,872 MCFJun 2025
State JutlandReeves County, TX10,850 BBLs40,222 MCFJun 2025
State Oberlander 15-4 AReeves County, TX1,198 BBLs8,981 MCFJun 2025
State School Board ZZReeves County, TX418 BBLs12,660 MCFJun 2025
State-Dudley-Rudman UnitReeves County, TX0 BBLs6,655 MCFMay 2025
StrainReeves County, TX0 BBLs132 MCFMay 2025
The PreacherReeves County, TX1,342 BBLs16,200 MCFJun 2025
Trust BusterReeves County, TX499 BBLs5,782 MCFJun 2025
Wahlenmaier-StateReeves County, TX0 BBLs235 MCFMay 2025
Waler State Unit 4Reeves County, TX5,317 BBLs14,256 MCFJun 2025
WarlanderReeves County, TX8,831 BBLs59,945 MCFJun 2025
Zeek L. W. EtalReeves County, TX75 BBLs1,254 MCFJun 2025

Owners of Kearney Martin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PENNANT DEV AND PROD LLCKEARNEY, MARTINPENNANT DEV. A
2025EXEMPT-STATE OF TEXASKEARNEY, MARTINPENNANT DEV. A
2025WILLIAMS O&G RESOURCES LLCKEARNEY, MARTINPENNANT DEV. A

Oil & Gas Sales on Kearney Martin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-20440KEARNEY, MARTINMay 2024PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-20440KEARNEY, MARTINDec 2022PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-021108KEARNEY MARTIN 116Apr 2022CONCORD ENERGY LLC
08-021108KEARNEY MARTIN 116Dec 2021CONCORD ENERGY LLC
08-20440KEARNEY, MARTINDec 2021PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-021108KEARNEY MARTIN 116Nov 2021CONCORD ENERGY LLC
08-20440KEARNEY, MARTINApr 2021PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-20440KEARNEY, MARTINSep 2020PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-20440KEARNEY, MARTINAug 2019PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-021108KEARNEY MARTIN 116Dec 2018PLAINS MARKETING, L.P.ARCH OIL & GAS, LLC
08-20440KEARNEY, MARTINOct 2018PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-20440KEARNEY, MARTINNov 2017PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-20440KEARNEY, MARTINFeb 2017PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-20440KEARNEY, MARTINMay 2016PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-021108KEARNEY MARTIN 116Dec 2015PLAINS MARKETING, L.P.SLEDGE BROS OIL CO
08-20440KEARNEY, MARTINSep 2015PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-20440KEARNEY, MARTINOct 2014PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-021108KEARNEY MARTIN 116Oct 2014PLAINS MARKETING, L.P.SLEDGE BROS OIL CO
08-021108KEARNEY MARTIN 116Jan 2014PLAINS MARKETING, L.P.SLEDGE BROS OIL CO
08-20440KEARNEY, MARTINNov 2013PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-021108KEARNEY MARTIN 116May 2013PLAINS MARKETING, L.P.SLEDGE BROS OIL CO
08-20440KEARNEY, MARTINFeb 2013PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-021108KEARNEY MARTIN 116Nov 2012PLAINS MARKETING, L.P.SLEDGE BROS OIL CO
08-20440KEARNEY, MARTINOct 2012PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC
08-20440KEARNEY, MARTINJun 2012PLAINS MARKETING, L.P.PENNANT DEVELOPMENT & PRODUCTION, LLC