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 - Jan 2025 |
Total Oil Production | 197,949 BBLs |
Total Gas Production | 379,820 MCF |
Recent Oil Production | 522 BBLs in Jan 2025 |
Recent Gas Production | 900 MCF in Jan 2025 |
Wells on Property | 1 |
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
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 | 451 BBLs | 1,420 MCF | Jan 2025 |
Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
Barracuda | Lea County, NM | 299 BBLs | 1,078 MCF | Jan 2025 |
Beams 15 State | Lea County, NM | 441 BBLs | 898 MCF | Jan 2025 |
Caprock Yeso Area Cya C | Lea County, NM | 2,148 BBLs | 4,759 MCF | Jan 2025 |
Leamex | Lea County, NM | 1,105 BBLs | 2,282 MCF | Jan 2025 |
Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
Mobil State | Lea County, NM | 96 BBLs | 0 MCF | Jan 2025 |
Oakmont 11 10 State Com | Lea County, NM | 4,060 BBLs | 4,214 MCF | Jan 2025 |
Pebble 8 7 State Com | Lea County, NM | 28,496 BBLs | 46,186 MCF | Jan 2025 |
Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
Phillips | Lea County, NM | 418 BBLs | 82 MCF | Jan 2025 |
Philmex | Lea County, NM | 539 BBLs | 1,177 MCF | Jan 2025 |
Raider 9 State | Lea County, NM | 1,434 BBLs | 5,276 MCF | Jan 2025 |
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 | 25 BBLs | 2 MCF | Jan 2025 |
State | Lea County, NM | 7 BBLs | 0 MCF | Jan 2025 |
Valhalla 9 8 State | Lea County, NM | 9,430 BBLs | 10,127 MCF | Jan 2025 |
These are the closest 20 companies operating near the Martin 11 State property.