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 - Jun 2026 |
| Total Oil Production | 205,889 BBLs |
| Total Gas Production | 394,189 MCF |
| Recent Oil Production | 452 BBLs in Jun 2026 |
| Recent Gas Production | 885 MCF in Jun 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$23,937 *
MarketMultiple™
$55,880 **
* 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 | 382 BBLs | 1,205 MCF | Jun 2026 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 101 BBLs | 784 MCF | Jun 2026 |
| Beams 15 State | Lea County, NM | 183 BBLs | 555 MCF | Jun 2026 |
| Caprock Yeso Area Cya C | Lea County, NM | 654 BBLs | 712 MCF | Jun 2026 |
| Danjer 22 10 State Com | Lea County, NM | 5,612 BBLs | 12,719 MCF | Jun 2026 |
| Leamex | Lea County, NM | 1,206 BBLs | 232 MCF | Jun 2026 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Oakmont 11 10 State Com | Lea County, NM | 2,274 BBLs | 2,977 MCF | Jun 2026 |
| Pebble 8 7 State Com | Lea County, NM | 9,586 BBLs | 19,658 MCF | Jun 2026 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 242 BBLs | 5 MCF | Jun 2026 |
| Raider 9 State | Lea County, NM | 1,180 BBLs | 4,826 MCF | Jun 2026 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 81 BBLs | 0 MCF | Jun 2026 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| State | Lea County, NM | 35 BBLs | 113 MCF | Jun 2026 |
| Valhalla 9 8 State | Lea County, NM | 2,975 BBLs | 3,256 MCF | Jun 2026 |
These are the closest 20 companies operating near the Martin 11 State property.