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 - Nov 2021 |
| Total Oil Production | 178,934 BBLs |
| Total Gas Production | 343,657 MCF |
| Recent Oil Production | 574 BBLs in Oct 2021 |
| Recent Gas Production | 1,358 MCF in Oct 2021 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$45,834 *
MarketMultiple™
$70,662 **
* 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 | 915 BBLs | 2,491 MCF | Nov 2021 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 362 BBLs | 1,162 MCF | Nov 2021 |
| Beams 15 State | Lea County, NM | 387 BBLs | 964 MCF | Nov 2021 |
| Cameron 22 State | Lea County, NM | 297 BBLs | 447 MCF | Nov 2021 |
| Caprock Maljamar Unit | Lea County, NM | 2,493 BBLs | 802 MCF | Oct 2021 |
| Lea A State | Lea County, NM | 25 BBLs | 0 MCF | Nov 2021 |
| Leamex | Lea County, NM | 904 BBLs | 2,128 MCF | Nov 2021 |
| Mobil State | Lea County, NM | 102 BBLs | 0 MCF | Oct 2021 |
| Paddy | Lea County, NM | 1,548 BBLs | 792 MCF | Nov 2021 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 255 BBLs | 0 MCF | Nov 2021 |
| Philmex | Lea County, NM | 424 BBLs | 1,441 MCF | Nov 2021 |
| Raider 9 State | Lea County, NM | 2,089 BBLs | 6,902 MCF | Nov 2021 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 306 BBLs | 15 MCF | Nov 2021 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2020 |
| State | Lea County, NM | 24 BBLs | 322 MCF | Nov 2021 |
| State | Lea County, NM | 4 BBLs | 0 MCF | Nov 2021 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2019 |
These are the closest 20 companies operating near the Martin 11 State property.