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 - May 2025 |
| Total Oil Production | 199,899 BBLs |
| Total Gas Production | 382,909 MCF |
| Recent Oil Production | 501 BBLs in May 2025 |
| Recent Gas Production | 761 MCF in May 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$27,925 *
MarketMultiple™
$67,634 **
* 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 | 423 BBLs | 1,203 MCF | May 2025 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 289 BBLs | 1,044 MCF | May 2025 |
| Beams 15 State | Lea County, NM | 459 BBLs | 718 MCF | May 2025 |
| Caprock Yeso Area Cya C | Lea County, NM | 551 BBLs | 1,134 MCF | May 2025 |
| Danjer 22 10 State Com | Lea County, NM | 6,173 BBLs | 8,370 MCF | May 2025 |
| Leamex | Lea County, NM | 1,265 BBLs | 2,419 MCF | May 2025 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 12 BBLs | 0 MCF | May 2025 |
| Oakmont 11 10 State Com | Lea County, NM | 3,574 BBLs | 4,339 MCF | May 2025 |
| Pebble 8 7 State Com | Lea County, NM | 22,719 BBLs | 36,112 MCF | May 2025 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 385 BBLs | 805 MCF | May 2025 |
| Raider 9 State | Lea County, NM | 1,339 BBLs | 4,572 MCF | May 2025 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 34 BBLs | 0 MCF | May 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 22 BBLs | 0 MCF | May 2025 |
| State | Lea County, NM | 6 BBLs | 0 MCF | May 2025 |
| Valhalla 9 8 State | Lea County, NM | 6,575 BBLs | 7,041 MCF | May 2025 |
These are the closest 20 companies operating near the Martin 11 State property.