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 - Feb 2024 |
| Total Oil Production | 192,138 BBLs |
| Total Gas Production | 370,815 MCF |
| Recent Oil Production | 799 BBLs in Jan 2024 |
| Recent Gas Production | 1,229 MCF in Jan 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Martin 11 State
ShaleAssessment™
$33,295 *
MarketMultiple™
$47,902 **
* 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 | 589 BBLs | 1,510 MCF | Feb 2024 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 246 BBLs | 851 MCF | Jan 2024 |
| Beams 15 State | Lea County, NM | 365 BBLs | 1,059 MCF | Feb 2024 |
| Caprock Yeso Area Cya C | Lea County, NM | 5,133 BBLs | 5,624 MCF | Jan 2024 |
| Lea A State | Lea County, NM | 45 BBLs | 0 MCF | Feb 2024 |
| Leamex | Lea County, NM | 854 BBLs | 1,198 MCF | Jan 2024 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mobil State | Lea County, NM | 6 BBLs | 5 MCF | Jan 2024 |
| Oakmont 11 10 State Com | Lea County, NM | 14,217 BBLs | 14,108 MCF | Jan 2024 |
| Paddy | Lea County, NM | 1,138 BBLs | 489 MCF | Feb 2024 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 77 BBLs | 145 MCF | Jan 2024 |
| Philmex | Lea County, NM | 658 BBLs | 720 MCF | Jan 2024 |
| Raider 9 State | Lea County, NM | 1,550 BBLs | 5,598 MCF | Feb 2024 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 52 BBLs | 0 MCF | Feb 2024 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2023 |
These are the closest 20 companies operating near the Martin 11 State property.