Oil & Gas Property in Martin County, TX
Key data points for Armstrong 12
| County | Martin County, TX |
|---|---|
| Operator | PETROPLEX ENERGY INC. |
| Production Dates | May 2009 - Sep 2025 |
| Total Oil Production | 277,749 BBLs |
| Total Gas Production | 799,880 MCF |
| Recent Oil Production | 486 BBLs in Aug 2025 |
| Recent Gas Production | 0 MCF in Aug 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Armstrong 12
ShaleAssessment™
$37,331 *
MarketMultiple™
$57,775 **
* 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 Armstrong 12 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Chesser 12 | Martin County, TX | 494 BBLs | 0 MCF | Sep 2025 |
| Clements | Martin County, TX | 93 BBLs | 0 MCF | Sep 2025 |
| Flanagan Annie Oil Management | Martin County, TX | 0 BBLs | 0 MCF | May 2025 |
| Frances 12 | Martin County, TX | 24,281 BBLs | 159,440 MCF | Sep 2025 |
| Gulf | Martin County, TX | 39 BBLs | 826 MCF | Sep 2025 |
| Hall 11 | Martin County, TX | 527 BBLs | 4,041 MCF | Sep 2025 |
| Harrell | Martin County, TX | 303 BBLs | 2,051 MCF | Sep 2025 |
| Jones Bros | Martin County, TX | 199 BBLs | 2,655 MCF | Sep 2025 |
| Kargl | Martin County, TX | 31 BBLs | 2 MCF | Sep 2025 |
| Marienfeld 13 | Martin County, TX | 31,709 BBLs | 173,224 MCF | Sep 2025 |
| Millhollon | Martin County, TX | 209 BBLs | 616 MCF | Sep 2025 |
| Nada Mae 17 | Martin County, TX | 363 BBLs | 51 MCF | Sep 2025 |
| Peters | Martin County, TX | 41,365 BBLs | 99,526 MCF | Sep 2025 |
| Porter | Martin County, TX | 323 BBLs | 962 MCF | Sep 2025 |
| Straub 7 | Martin County, TX | 746 BBLs | 4,253 MCF | Sep 2025 |
| VLT Kimber Dangerous Game Unit | Martin County, TX | 1,126 BBLs | 714 MCF | Sep 2025 |
| VLT Kimber Hunter Unit | Martin County, TX | 2,492 BBLs | 3,934 MCF | Sep 2025 |
| VLT Kimber Open Range Unit | Martin County, TX | 3,143 BBLs | 4,879 MCF | Sep 2025 |
| VLT Rigby Unit | Martin County, TX | 6,540 BBLs | 35,486 MCF | Sep 2025 |
| VLT Sharps Unit | Martin County, TX | 9,357 BBLs | 24,512 MCF | Sep 2025 |
These are the closest 20 companies operating near the Armstrong 12 property.