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 2024 |
Total Oil Production | 266,412 BBLs |
Total Gas Production | 785,420 MCF |
Recent Oil Production | 612 BBLs in Dec 2023 |
Recent Gas Production | 1,519 MCF in Dec 2023 |
Wells on Property | 2 |
Our Valuation Estimates for Armstrong 12
ShaleAssessment™
$55,868 *
MarketMultiple™
$88,310 **
* 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 | 531 BBLs | 2,210 MCF | Jan 2024 |
Clements | Martin County, TX | 227 BBLs | 580 MCF | Jan 2024 |
Flanagan Annie Oil Management | Martin County, TX | 220 BBLs | 1,369 MCF | Jan 2024 |
Frances 12 | Martin County, TX | 42,034 BBLs | 181,148 MCF | Jan 2024 |
Gulf | Martin County, TX | 326 BBLs | 200 MCF | Jan 2024 |
Harrell | Martin County, TX | 375 BBLs | 1,743 MCF | Dec 2023 |
Jones Bros | Martin County, TX | 364 BBLs | 1,852 MCF | Jan 2024 |
Kargl | Martin County, TX | 221 BBLs | 504 MCF | Jan 2024 |
Marienfeld 13 | Martin County, TX | 37,381 BBLs | 183,337 MCF | Jan 2024 |
Millhollon | Martin County, TX | 279 BBLs | 554 MCF | Jan 2024 |
Nada Mae 17 | Martin County, TX | 593 BBLs | 846 MCF | Jan 2024 |
Nettie 6 | Martin County, TX | 330 BBLs | 991 MCF | Jan 2024 |
Peters | Martin County, TX | 41,341 BBLs | 232,617 MCF | Jan 2024 |
Porter | Martin County, TX | 540 BBLs | 938 MCF | Jan 2024 |
Straub 7 | Martin County, TX | 833 BBLs | 3,621 MCF | Jan 2024 |
VLT Kimber Dangerous Game Unit | Martin County, TX | 3,236 BBLs | 5,312 MCF | Jan 2024 |
VLT Kimber Hunter Unit | Martin County, TX | 3,501 BBLs | 4,927 MCF | Jan 2024 |
VLT Kimber Open Range Unit | Martin County, TX | 4,453 BBLs | 5,950 MCF | Jan 2024 |
VLT Rigby Unit | Martin County, TX | 11,465 BBLs | 36,843 MCF | Jan 2024 |
VLT Sharps Unit | Martin County, TX | 13,805 BBLs | 25,863 MCF | Jan 2024 |
These are the closest 20 companies operating near the Armstrong 12 property.