Martin 11 State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Martin 11 State

CountyLea County, NM
OperatorCML EXPLORATION, LLC
Production DatesMar 2013 - Jan 2025
Total Oil Production197,949 BBLs
Total Gas Production379,820 MCF
Recent Oil Production522 BBLs in Jan 2025
Recent Gas Production900 MCF in Jan 2025
Wells on Property1

Our Valuation Estimates for Martin 11 State

ShaleAssessment

$29,184 *

MarketMultiple

$72,112 **

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

Based on a decimal interest

Martin 11 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martin 11 State
from Mar 2013 to Jan 2025

Wells on Martin 11 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-40910MARTIN 11 STATE 001CML EXPLORATION, LLCActiveLea County, NM32.842968-103.639740

Leases included in Martin 11 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
39613MARTIN 11 STATECML EXPLORATION, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Martin 11 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abenaki 10 StateLea County, NM451 BBLs1,420 MCFJan 2025
Aztec StateLea County, NM0 BBLs0 MCFDec 2013
BarracudaLea County, NM299 BBLs1,078 MCFJan 2025
Beams 15 StateLea County, NM441 BBLs898 MCFJan 2025
Caprock Yeso Area Cya CLea County, NM2,148 BBLs4,759 MCFJan 2025
LeamexLea County, NM1,105 BBLs2,282 MCFJan 2025
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Mobil StateLea County, NM96 BBLs0 MCFJan 2025
Oakmont 11 10 State ComLea County, NM4,060 BBLs4,214 MCFJan 2025
Pebble 8 7 State ComLea County, NM28,496 BBLs46,186 MCFJan 2025
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM418 BBLs82 MCFJan 2025
PhilmexLea County, NM539 BBLs1,177 MCFJan 2025
Raider 9 StateLea County, NM1,434 BBLs5,276 MCFJan 2025
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shahara State UnitLea County, NM0 BBLs0 MCFAug 2023
Shell StateLea County, NM0 BBLs0 MCFApr 2022
StateLea County, NM25 BBLs2 MCFJan 2025
StateLea County, NM7 BBLs0 MCFJan 2025
Valhalla 9 8 StateLea County, NM9,430 BBLs10,127 MCFJan 2025