Martin J.C. III

Oil & Gas Property in Webb County, TX

  2. Texas
  3. Webb County, TX
  4. Oil & Gas Properties in Webb County, TX
  5. Martin J.C. III Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Martin J.C. III

CountyWebb County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production21,665 BBLs
Total Gas Production3,903,499 MCF
Recent Oil Production0 BBLs in Dec 2023
Recent Gas Production980 MCF in Dec 2023
Wells on Property5

Our Valuation Estimates for Martin J.C. III

ShaleAssessment™

$2,729 *

MarketMultiple™

$3,045 **

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

Based on a decimal interest

Martin J.C. III Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martin J.C. III
from Jan 1993 to Jan 2024

Wells on Martin J.C. III

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-479-32502MARTIN J.C. III 4ARETE OPERATING COMPANY II, LLCProducingWebb County, TX27.409655-99.305351
42-479-35327MARTIN, J.C. III 10MICHAEL PETROLEUM CORPORATIONPlugged Gas WellWebb County, TX27.404402-99.302008
42-479-35962MARTIN J. C. III 9ARETE OPERATING COMPANY III, LLCTemp AbandonedWebb County, TX27.395604-99.307098
42-479-36046MARTIN J.C. III 12CARETE OPERATING COMPANY II, LLCProducingWebb County, TX27.395257-99.312368
42-479-36660MARTIN J. C. III 15ARETE OPERATING COMPANY II, LLCProducingWebb County, TX27.403200-99.300688

Leases included in Martin J.C. III

Lease #Lease NameOperatorCountyMonthly Gas Prod.
04-089914MARTIN J.C. III 4ARETE OPERATING COMPANY II, LLCWebb County, TX
04-140273MARTIN, J.C. III 10MICHAEL PETROLEUM CORPORATIONWebb County, TX
04-147772MARTIN J. C. III 9ARETE OPERATING COMPANY III, LLCWebb County, TX
04-149686MARTIN J.C. III 12CARETE OPERATING COMPANY II, LLCWebb County, TX
04-149690MARTIN J.C. III 12CARETE OPERATING COMPANY II, LLCWebb County, TX
04-163533MARTIN J. C. III 15ARETE OPERATING COMPANY II, LLCWebb County, TX

Operators Associated With Martin J.C. III

Nearby Properties

These are the closest 20 properties to the Martin J.C. III property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BruniWebb County, TX0 BBLs1,153 MCFJan 2024
Bruni-SummersWebb County, TX0 BBLs10,237 MCFJan 2024
Bruni-SummersWebb County, TX0 BBLs907 MCFJan 2024
FaustoWebb County, TX0 BBLs0 MCFJan 2024
G. & F. Ramirez Gas UnitWebb County, TX0 BBLs0 MCFJan 2024
GJM Gas Unit IWebb County, TX0 BBLs1,316 MCFJan 2024
HubberdWebb County, TX0 BBLs417 MCFJan 2024
Hubberd WWebb County, TX165 BBLs27,127 MCFJan 2024
M.M.A. Cattle CoWebb County, TX0 BBLs0 MCFJan 2024
MartinWebb County, TX0 BBLs2,249 MCFJan 2024
MayersWebb County, TX0 BBLs3,616 MCFJan 2024
Mayers Gas UnitWebb County, TX0 BBLs538 MCFJan 2024
McKendrickWebb County, TX0 BBLs0 MCFFeb 2023
Ramirez G. & F. Gas UnitWebb County, TX0 BBLs0 MCFJan 2024
Ramirez MWebb County, TX0 BBLs0 MCFNov 2023
RottersmanWebb County, TX0 BBLs4,536 MCFJan 2024
SantosWebb County, TX0 BBLs2,312 MCFJan 2024
SchwarzWebb County, TX0 BBLs164 MCFJan 2024
Slaughter, Lilia BruniWebb County, TX0 BBLs0 MCFJan 2024
Summers BruniWebb County, TX0 BBLs81 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Martin J.C. III property.

Company Name
Arete Operating Company II, LLC
Arete Operating Company III, LLC
Calpine Natural Gas L.P.
Chevron USA Inc
Conoco Inc.
ConocoPhillips Company
Enron Oil & Gas Company
Hilcorp Energy Company
Hugoton Operating Company, Inc.
Hurd Enterprises, LTD.
Killam Oil Co., LTD.
Marwell Petroleum LTD Partnrship
Michael Petroleum Corporation
Raker Resources LLC
Rosetta Resources Operating LP
Sanchez-O'Brien Oil & Gas Corp
Sonat Exploration Co. - Houston
TDC Engineering, Inc.
Transamerican Natural Gas Corp.
Transtexas Gas Corporation

Owners of Martin J.C. III

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023ARETE OPERATING CO II LLCMARTIN J C III # 15,16, 18ARETE OPERATING CO II LLC.
2023ARETE OPERATING CO II LLCMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
2023ARETE OPERATING CO II LLCMARTIN J C III W# 4ARETE OPERATING CO II LLC.
2023KILLAM & HURD LTDMARTIN J C III # 15,16, 18ARETE OPERATING CO II LLC.
2023KILLAM & HURD LTDMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
2023MARTIN J C IIIMARTIN J C III # 15,16, 18ARETE OPERATING CO II LLC.
2023FOUR MARTINS MINERALSMARTIN J C III # 15,16, 18ARETE OPERATING CO II LLC.
2023FOUR MARTINS MINERALSMARTIN J C III # 11,12TARETE OPERATING CO II LLC.
Displaying 8 of 134 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Martin J.C. III

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-089914MARTIN J.C. III 4Nov 2023ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CNov 2023ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Nov 2023ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Sep 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Sep 2023ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CSep 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CSep 2023ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Sep 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Sep 2023ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Aug 2023ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CAug 2023ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Aug 2023ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Jul 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Jul 2023ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CJul 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CJul 2023ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Jul 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Jul 2023ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Jun 2023ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CJun 2023ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Jun 2023ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Apr 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-149686MARTIN J.C. III 12CApr 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-163533MARTIN J. C. III 15Apr 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-089914MARTIN J.C. III 4Jan 2023ARETE OPERATING COMPANY, LLC