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 - Jan 2024
Total Oil Production7,363 BBLs
Total Gas Production20 MCF
Recent Oil Production13 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Kearney Martin

ShaleAssessment

$624 *

MarketMultiple

$1,625 **

* 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 Jan 2024

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, TX397 BBLs10,319 MCFJan 2024
Evelyn Bauer UnitReeves County, TX1,118 BBLs1,615 MCFJan 2024
Golenternek-RudmanReeves County, TX147 BBLs318 MCFJan 2024
Jane M GravesReeves County, TX9,506 BBLs22,876 MCFJan 2024
Monsanto McKellReeves County, TX0 BBLs6,727 MCFJan 2024
RoxieReeves County, TX0 BBLs0 MCFNov 2016
State Azteca 15-3 AReeves County, TX2,632 BBLs14,525 MCFJan 2024
State BReeves County, TX15,701 BBLs111,518 MCFJan 2024
State Dudley-Rudman UnitReeves County, TX0 BBLs11,319 MCFJan 2024
State Gypsy 16-4Reeves County, TX9,901 BBLs93,973 MCFJan 2024
State JutlandReeves County, TX16,980 BBLs66,380 MCFJan 2024
State Oberlander 15-4 AReeves County, TX3,877 BBLs16,722 MCFJan 2024
State School Board ZZReeves County, TX311 BBLs12,280 MCFJan 2024
StrainReeves County, TX0 BBLs99 MCFJan 2024
The PreacherReeves County, TX303 BBLs5,313 MCFJan 2024
Wahlenmaier StateReeves County, TX0 BBLs1,064 MCFJan 2024
Waler State Unit 4Reeves County, TX8,509 BBLs22,857 MCFJan 2024
Walkaloosa 5Reeves County, TX28,792 BBLs100,363 MCFJan 2024
WarlanderReeves County, TX10,841 BBLs81,277 MCFJan 2024
Zeek L. W. EtalReeves County, TX2 BBLs286 MCFJan 2024

Owners of Kearney Martin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PENNANT DEV AND PROD LLCKEARNEY, MARTINPENNANT DEV. A
2023EXEMPT-STATE OF TEXASKEARNEY, MARTINPENNANT DEV. A
2023WILLIAMS EMMETT AKEARNEY, MARTINPENNANT DEV. A

Oil & Gas Sales on Kearney Martin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
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
08-021108KEARNEY MARTIN 116May 2012PLAINS MARKETING, L.P.SLEDGE BROS OIL CO