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 - Jul 2025 |
| Total Oil Production | 200,878 BBLs |
| Total Gas Production | 384,604 MCF |
| Recent Oil Production | 481 BBLs in Jun 2025 |
| Recent Gas Production | 760 MCF in Jun 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$27,275 *
MarketMultiple™
$64,289 **
* 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 | 320 BBLs | 1,258 MCF | Jul 2025 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 249 BBLs | 1,006 MCF | Jun 2025 |
| Beams 15 State | Lea County, NM | 415 BBLs | 720 MCF | Jul 2025 |
| Caprock Yeso Area Cya C | Lea County, NM | 1,548 BBLs | 3,804 MCF | Jun 2025 |
| Danjer 22 10 State Com | Lea County, NM | 2,123 BBLs | 3,723 MCF | Jun 2025 |
| Leamex | Lea County, NM | 1,350 BBLs | 2,204 MCF | Jun 2025 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 155 BBLs | 20 MCF | Jun 2025 |
| Oakmont 11 10 State Com | Lea County, NM | 2,960 BBLs | 4,039 MCF | Jun 2025 |
| Pebble 8 7 State Com | Lea County, NM | 17,847 BBLs | 31,368 MCF | Jun 2025 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 389 BBLs | 757 MCF | Jun 2025 |
| Raider 9 State | Lea County, NM | 1,316 BBLs | 5,134 MCF | Jul 2025 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 182 BBLs | 0 MCF | Jun 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 4 BBLs | 0 MCF | Jul 2025 |
| State | Lea County, NM | 18 BBLs | 0 MCF | Jul 2025 |
| Valhalla 9 8 State | Lea County, NM | 5,261 BBLs | 5,888 MCF | Jun 2025 |
These are the closest 20 companies operating near the Martin 11 State property.