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 2025 |
| Total Oil Production | 203,268 BBLs |
| Total Gas Production | 389,107 MCF |
| Recent Oil Production | 488 BBLs in Dec 2025 |
| Recent Gas Production | 914 MCF in Dec 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$25,575 *
MarketMultiple™
$57,425 **
* 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 | 438 BBLs | 1,263 MCF | Dec 2025 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 292 BBLs | 982 MCF | Dec 2025 |
| Beams 15 State | Lea County, NM | 383 BBLs | 854 MCF | Dec 2025 |
| Cameron 22 State | Lea County, NM | 252 BBLs | 389 MCF | Dec 2025 |
| Caprock Yeso Area Cya C | Lea County, NM | 1,150 BBLs | 1,586 MCF | Dec 2025 |
| Leamex | Lea County, NM | 939 BBLs | 1,750 MCF | Dec 2025 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Oakmont 11 10 State Com | Lea County, NM | 3,509 BBLs | 3,931 MCF | Dec 2025 |
| Pebble 8 7 State Com | Lea County, NM | 16,392 BBLs | 22,619 MCF | Dec 2025 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 220 BBLs | 86 MCF | Dec 2025 |
| Raider 9 State | Lea County, NM | 1,302 BBLs | 5,094 MCF | Dec 2025 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 101 BBLs | 0 MCF | Dec 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 30 BBLs | 0 MCF | Dec 2025 |
| State | Lea County, NM | 8 BBLs | 0 MCF | Dec 2025 |
| Valhalla 9 8 State | Lea County, NM | 3,299 BBLs | 4,408 MCF | Dec 2025 |
These are the closest 20 companies operating near the Martin 11 State property.