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 - Aug 2025 |
| Total Oil Production | 201,335 BBLs |
| Total Gas Production | 385,554 MCF |
| Recent Oil Production | 498 BBLs in Jul 2025 |
| Recent Gas Production | 935 MCF in Jul 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$26,945 *
MarketMultiple™
$62,957 **
* 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 | 396 BBLs | 1,362 MCF | Aug 2025 |
| Barracuda | Lea County, NM | 272 BBLs | 1,029 MCF | Aug 2025 |
| Beams 15 State | Lea County, NM | 428 BBLs | 770 MCF | Aug 2025 |
| Cameron 22 State | Lea County, NM | 315 BBLs | 408 MCF | Aug 2025 |
| Caprock Yeso Area Cya C | Lea County, NM | 1,839 BBLs | 2,660 MCF | Jul 2025 |
| Danjer 22 10 State Com | Lea County, NM | 8,542 BBLs | 11,260 MCF | Jul 2025 |
| Leamex | Lea County, NM | 1,278 BBLs | 1,470 MCF | Jul 2025 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 79 BBLs | 15 MCF | Jul 2025 |
| Oakmont 11 10 State Com | Lea County, NM | 3,287 BBLs | 4,180 MCF | Aug 2025 |
| Pebble 8 7 State Com | Lea County, NM | 19,244 BBLs | 32,829 MCF | Aug 2025 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 483 BBLs | 280 MCF | Jul 2025 |
| Raider 9 State | Lea County, NM | 1,298 BBLs | 5,338 MCF | Aug 2025 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 75 BBLs | 0 MCF | Jul 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 10 BBLs | 0 MCF | Aug 2025 |
| State | Lea County, NM | 5 BBLs | 0 MCF | Aug 2025 |
| Valhalla 9 8 State | Lea County, NM | 5,281 BBLs | 6,143 MCF | Aug 2025 |
These are the closest 20 companies operating near the Martin 11 State property.