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 - Dec 2024 |
| Total Oil Production | 197,427 BBLs |
| Total Gas Production | 378,920 MCF |
| Recent Oil Production | 508 BBLs in Nov 2024 |
| Recent Gas Production | 907 MCF in Nov 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$29,491 *
MarketMultiple™
$73,788 **
* 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 | 499 BBLs | 1,413 MCF | Dec 2024 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 156 BBLs | 625 MCF | Nov 2024 |
| Beams 15 State | Lea County, NM | 408 BBLs | 918 MCF | Dec 2024 |
| Caprock Yeso Area Cya C | Lea County, NM | 1,933 BBLs | 2,440 MCF | Nov 2024 |
| Danjer 22 10 State Com | Lea County, NM | 4,953 BBLs | 11,332 MCF | Dec 2024 |
| Leamex | Lea County, NM | 1,185 BBLs | 2,080 MCF | Nov 2024 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 2 BBLs | 0 MCF | Nov 2024 |
| Oakmont 11 10 State Com | Lea County, NM | 4,658 BBLs | 4,733 MCF | Nov 2024 |
| Pebble 8 7 State Com | Lea County, NM | 26,773 BBLs | 43,045 MCF | Nov 2024 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 360 BBLs | 195 MCF | Nov 2024 |
| Raider 9 State | Lea County, NM | 1,418 BBLs | 5,404 MCF | Dec 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 | 5 BBLs | 0 MCF | Dec 2024 |
| State | Lea County, NM | 17 BBLs | 0 MCF | Dec 2024 |
| Valhalla 9 8 State | Lea County, NM | 15,097 BBLs | 14,548 MCF | Nov 2024 |
These are the closest 20 companies operating near the Martin 11 State property.