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 - Jan 2026 |
| Total Oil Production | 279,647 BBLs |
| Total Gas Production | 799,880 MCF |
| Recent Oil Production | 479 BBLs in Dec 2025 |
| Recent Gas Production | 0 MCF in Dec 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Armstrong 12
ShaleAssessment™
$35,409 *
MarketMultiple™
$54,067 **
* 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 | 452 BBLs | 0 MCF | Jan 2026 |
| Clements | Martin County, TX | 73 BBLs | 0 MCF | Jan 2026 |
| Cline | Martin County, TX | 23 BBLs | 126 MCF | Jan 2026 |
| Flanagan Annie Oil Management | Martin County, TX | 113 BBLs | 269 MCF | Jan 2026 |
| Frances 12 | Martin County, TX | 23,033 BBLs | 157,202 MCF | Jan 2026 |
| Gulf | Martin County, TX | 31 BBLs | 800 MCF | Jan 2026 |
| Hall 11 | Martin County, TX | 250 BBLs | 1,900 MCF | Jan 2026 |
| Harrell | Martin County, TX | 296 BBLs | 1,944 MCF | Jan 2026 |
| Kargl | Martin County, TX | 74 BBLs | 0 MCF | Jan 2026 |
| Marienfeld 13 | Martin County, TX | 23,443 BBLs | 137,918 MCF | Jan 2026 |
| Millhollon | Martin County, TX | 215 BBLs | 625 MCF | Jan 2026 |
| Nada Mae 17 | Martin County, TX | 346 BBLs | 0 MCF | Jan 2026 |
| Peters | Martin County, TX | 41,978 BBLs | 179,132 MCF | Jan 2026 |
| Porter | Martin County, TX | 305 BBLs | 871 MCF | Jan 2026 |
| Straub 7 | Martin County, TX | 507 BBLs | 3,198 MCF | Jan 2026 |
| VLT Kimber Dangerous Game Unit | Martin County, TX | 2,614 BBLs | 296 MCF | Jan 2026 |
| VLT Kimber Hunter Unit | Martin County, TX | 2,294 BBLs | 5,537 MCF | Jan 2026 |
| VLT Kimber Open Range Unit | Martin County, TX | 2,948 BBLs | 845 MCF | Jan 2026 |
| VLT Rigby Unit | Martin County, TX | 6,086 BBLs | 40,151 MCF | Jan 2026 |
| VLT Sharps Unit | Martin County, TX | 6,663 BBLs | 22,775 MCF | Jan 2026 |
These are the closest 20 companies operating near the Armstrong 12 property.