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 - Jul 2025 |
| Total Oil Production | 276,789 BBLs |
| Total Gas Production | 799,880 MCF |
| Recent Oil Production | 490 BBLs in Jun 2025 |
| Recent Gas Production | 512 MCF in Jun 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Armstrong 12
ShaleAssessment™
$38,316 *
MarketMultiple™
$60,673 **
* 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 | 536 BBLs | 0 MCF | Jul 2025 |
| Clements | Martin County, TX | 99 BBLs | 0 MCF | Jul 2025 |
| Cline | Martin County, TX | 25 BBLs | 0 MCF | Jul 2025 |
| Flanagan Annie Oil Management | Martin County, TX | 0 BBLs | 0 MCF | May 2025 |
| Frances 12 | Martin County, TX | 26,387 BBLs | 154,399 MCF | Jul 2025 |
| Gulf | Martin County, TX | 23 BBLs | 312 MCF | Jul 2025 |
| Hall 11 | Martin County, TX | 612 BBLs | 4,723 MCF | Jul 2025 |
| Harrell | Martin County, TX | 297 BBLs | 1,838 MCF | Jul 2025 |
| Kargl | Martin County, TX | 2 BBLs | 0 MCF | Jun 2025 |
| Marienfeld 13 | Martin County, TX | 24,512 BBLs | 142,435 MCF | Jul 2025 |
| Millhollon | Martin County, TX | 204 BBLs | 614 MCF | Jul 2025 |
| Nada Mae 17 | Martin County, TX | 291 BBLs | 632 MCF | Jul 2025 |
| Peters | Martin County, TX | 25,805 BBLs | 129,473 MCF | Jul 2025 |
| Porter | Martin County, TX | 327 BBLs | 997 MCF | Jul 2025 |
| Straub 7 | Martin County, TX | 564 BBLs | 3,749 MCF | Jul 2025 |
| VLT Kimber Dangerous Game Unit | Martin County, TX | 746 BBLs | 688 MCF | Jul 2025 |
| VLT Kimber Hunter Unit | Martin County, TX | 2,487 BBLs | 6,205 MCF | Jul 2025 |
| VLT Kimber Open Range Unit | Martin County, TX | 3,069 BBLs | 3,009 MCF | Jul 2025 |
| VLT Rigby Unit | Martin County, TX | 6,823 BBLs | 33,304 MCF | Jul 2025 |
| VLT Sharps Unit | Martin County, TX | 9,357 BBLs | 26,326 MCF | Jul 2025 |
These are the closest 20 companies operating near the Armstrong 12 property.