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 - Jun 2026 |
| Total Oil Production | 281,831 BBLs |
| Total Gas Production | 804,061 MCF |
| Recent Oil Production | 503 BBLs in May 2026 |
| Recent Gas Production | 2,188 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Armstrong 12
ShaleAssessment™
$33,334 *
MarketMultiple™
$56,010 **
* 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 | 425 BBLs | 2,179 MCF | Jun 2026 |
| Clements | Martin County, TX | 85 BBLs | 0 MCF | Jun 2026 |
| Cline | Martin County, TX | 177 BBLs | 0 MCF | Jun 2026 |
| Flanagan Annie Oil Management | Martin County, TX | 96 BBLs | 295 MCF | Jun 2026 |
| Frances 12 | Martin County, TX | 18,592 BBLs | 150,182 MCF | Jun 2026 |
| Gulf | Martin County, TX | 0 BBLs | 0 MCF | Apr 2026 |
| Harrell | Martin County, TX | 283 BBLs | 2,098 MCF | Jun 2026 |
| Herzog | Martin County, TX | 352 BBLs | 862 MCF | Jun 2026 |
| Kargl | Martin County, TX | 0 BBLs | 0 MCF | Apr 2026 |
| Marienfeld 13 | Martin County, TX | 20,831 BBLs | 131,849 MCF | Jun 2026 |
| Millhollon | Martin County, TX | 201 BBLs | 607 MCF | Jun 2026 |
| Peters | Martin County, TX | 35,164 BBLs | 189,989 MCF | Jun 2026 |
| Porter | Martin County, TX | 305 BBLs | 966 MCF | Jun 2026 |
| Straub 7 | Martin County, TX | 302 BBLs | 2,869 MCF | Jun 2026 |
| Terrell | Martin County, TX | 371 BBLs | 3,499 MCF | Jun 2026 |
| VLT Kimber Dangerous Game Unit | Martin County, TX | 1,337 BBLs | 9,739 MCF | Jun 2026 |
| VLT Kimber Hunter Unit | Martin County, TX | 2,037 BBLs | 2,679 MCF | Jun 2026 |
| VLT Kimber Open Range Unit | Martin County, TX | 2,828 BBLs | 2,242 MCF | Jun 2026 |
| VLT Rigby Unit | Martin County, TX | 6,084 BBLs | 51,124 MCF | Jun 2026 |
| VLT Sharps Unit | Martin County, TX | 6,873 BBLs | 35,395 MCF | Jun 2026 |
These are the closest 20 companies operating near the Armstrong 12 property.