Martin 11 State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Martin 11 State

CountyLea County, NM
OperatorCML EXPLORATION, LLC
Production DatesMar 2013 - Nov 2021
Total Oil Production178,934 BBLs
Total Gas Production343,657 MCF
Recent Oil Production574 BBLs in Oct 2021
Recent Gas Production1,358 MCF in Oct 2021
Wells on Property1

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

Martin 11 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Martin 11 State
from Mar 2013 to Nov 2021

Wells on Martin 11 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-40910MARTIN 11 STATE 001CML EXPLORATION, LLCActiveLea County, NM32.842968-103.639740

Leases included in Martin 11 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
39613MARTIN 11 STATECML EXPLORATION, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Martin 11 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abenaki 10 StateLea County, NM915 BBLs2,491 MCFNov 2021
Aztec StateLea County, NM0 BBLs0 MCFDec 2013
BarracudaLea County, NM362 BBLs1,162 MCFNov 2021
Beams 15 StateLea County, NM387 BBLs964 MCFNov 2021
Cameron 22 StateLea County, NM297 BBLs447 MCFNov 2021
Caprock Maljamar UnitLea County, NM2,493 BBLs802 MCFOct 2021
Lea A StateLea County, NM25 BBLs0 MCFNov 2021
LeamexLea County, NM904 BBLs2,128 MCFNov 2021
Mobil StateLea County, NM102 BBLs0 MCFOct 2021
PaddyLea County, NM1,548 BBLs792 MCFNov 2021
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM255 BBLs0 MCFNov 2021
PhilmexLea County, NM424 BBLs1,441 MCFNov 2021
Raider 9 StateLea County, NM2,089 BBLs6,902 MCFNov 2021
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shahara State UnitLea County, NM306 BBLs15 MCFNov 2021
Shell StateLea County, NM0 BBLs0 MCFNov 2020
StateLea County, NM24 BBLs322 MCFNov 2021
StateLea County, NM4 BBLs0 MCFNov 2021
StateLea County, NM0 BBLs0 MCFJul 2019