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 2026 |
| Total Oil Production | 205,437 BBLs |
| Total Gas Production | 393,304 MCF |
| Recent Oil Production | 472 BBLs in Apr 2026 |
| Recent Gas Production | 899 MCF in Apr 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$24,218 *
MarketMultiple™
$53,382 **
* 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 | 371 BBLs | 875 MCF | May 2026 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 364 BBLs | 1,008 MCF | Apr 2026 |
| Beams 15 State | Lea County, NM | 398 BBLs | 916 MCF | May 2026 |
| Caprock Yeso Area Cya C | Lea County, NM | 665 BBLs | 684 MCF | Apr 2026 |
| Danjer 22 10 State Com | Lea County, NM | 6,677 BBLs | 12,329 MCF | Apr 2026 |
| Leamex | Lea County, NM | 1,197 BBLs | 168 MCF | Apr 2026 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Oakmont 11 10 State Com | Lea County, NM | 1,879 BBLs | 2,394 MCF | Apr 2026 |
| Pebble 8 7 State Com | Lea County, NM | 12,818 BBLs | 24,933 MCF | Apr 2026 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 48 BBLs | 3 MCF | Apr 2026 |
| Raider 9 State | Lea County, NM | 1,196 BBLs | 4,830 MCF | May 2026 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| State | Lea County, NM | 126 BBLs | 0 MCF | May 2026 |
| Valhalla 9 8 State | Lea County, NM | 3,398 BBLs | 3,816 MCF | Apr 2026 |
These are the closest 20 companies operating near the Martin 11 State property.