Oil & Gas Property in Lea County, NM
Key data points for Martin 11 State
| County | Lea County, NM |
|---|---|
| Operator | CML EXPLORATION, LLC |
| Production Dates | Mar 2013 - Nov 2024 |
| Total Oil Production | 196,893 BBLs |
| Total Gas Production | 377,984 MCF |
| Recent Oil Production | 524 BBLs in Oct 2024 |
| Recent Gas Production | 701 MCF in Oct 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$29,895 *
MarketMultiple™
$75,464 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Martin 11 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abenaki 10 State | Lea County, NM | 479 BBLs | 1,268 MCF | Nov 2024 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 400 BBLs | 1,146 MCF | Oct 2024 |
| Beams 15 State | Lea County, NM | 438 BBLs | 645 MCF | Nov 2024 |
| Caprock Yeso Area Cya C | Lea County, NM | 2,331 BBLs | 1,967 MCF | Oct 2024 |
| Danjer 22 10 State Com | Lea County, NM | 9,073 BBLs | 22,122 MCF | Nov 2024 |
| Leamex | Lea County, NM | 1,159 BBLs | 2,069 MCF | Oct 2024 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 203 BBLs | 0 MCF | Oct 2024 |
| Oakmont 11 10 State Com | Lea County, NM | 3,580 BBLs | 4,521 MCF | Oct 2024 |
| Pebble 8 7 State Com | Lea County, NM | 34,213 BBLs | 55,827 MCF | Oct 2024 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 380 BBLs | 205 MCF | Oct 2024 |
| Raider 9 State | Lea County, NM | 1,439 BBLs | 5,112 MCF | Nov 2024 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 4 BBLs | 0 MCF | Nov 2024 |
| State | Lea County, NM | 17 BBLs | 0 MCF | Nov 2024 |
| Valhalla 9 8 State | Lea County, NM | 19,286 BBLs | 21,931 MCF | Oct 2024 |
These are the closest 20 companies operating near the Martin 11 State property.