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 - Mar 2026 |
| Total Oil Production | 204,488 BBLs |
| Total Gas Production | 391,464 MCF |
| Recent Oil Production | 695 BBLs in Mar 2026 |
| Recent Gas Production | 868 MCF in Mar 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$24,769 *
MarketMultiple™
$56,971 **
* 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 | 417 BBLs | 1,077 MCF | Mar 2026 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 265 BBLs | 1,139 MCF | Mar 2026 |
| Beams 15 State | Lea County, NM | 313 BBLs | 535 MCF | Mar 2026 |
| Lea A State | Lea County, NM | 11 BBLs | 0 MCF | Mar 2026 |
| Leamex | Lea County, NM | 1,319 BBLs | 1,288 MCF | Mar 2026 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
| Oakmont 11 10 State Com | Lea County, NM | 2,669 BBLs | 3,136 MCF | Mar 2026 |
| Pebble 8 7 State Com | Lea County, NM | 14,880 BBLs | 25,530 MCF | Mar 2026 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 49 BBLs | 0 MCF | Mar 2026 |
| Philmex | Lea County, NM | 333 BBLs | 1,134 MCF | Mar 2026 |
| Raider 9 State | Lea County, NM | 1,213 BBLs | 4,326 MCF | Mar 2026 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 95 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 | 9 BBLs | 0 MCF | Mar 2026 |
| Valhalla 9 8 State | Lea County, NM | 3,259 BBLs | 3,917 MCF | Mar 2026 |
These are the closest 20 companies operating near the Martin 11 State property.