Oil & Gas Property in Martin County, TX
Key data points for Richards
| County | Martin County, TX |
|---|---|
| Production Dates | Jan 1993 - Sep 2025 |
| Total Oil Production | 1,262,276 BBLs |
| Total Gas Production | 2,337,650 MCF |
| Recent Oil Production | 1,881 BBLs in Aug 2025 |
| Recent Gas Production | 2,966 MCF in Aug 2025 |
| Wells on Property | 28 |
Our Valuation Estimates for Richards
ShaleAssessment™
$221,170 *
MarketMultiple™
$284,731 **
* 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 Richards property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Allar | Martin County, TX | 149 BBLs | 3,468 MCF | Sep 2025 |
| Carlile | Martin County, TX | 50 BBLs | 130 MCF | Aug 2025 |
| Crabtree 25 | Martin County, TX | 476 BBLs | 1,140 MCF | Sep 2025 |
| Faye 26 | Martin County, TX | 317 BBLs | 488 MCF | Sep 2025 |
| Grisham J. R. & Greeman J. M | Martin County, TX | 0 BBLs | 0 MCF | Dec 2024 |
| Heidelberg | Martin County, TX | 595 BBLs | 699 MCF | Sep 2025 |
| Holt | Martin County, TX | 162 BBLs | 102 MCF | Sep 2025 |
| McMurry | Martin County, TX | 734 BBLs | 23,389 MCF | Sep 2025 |
| Nathan | Martin County, TX | 99 BBLs | 0 MCF | Sep 2025 |
| Ramsey | Martin County, TX | 389 BBLs | 2,767 MCF | Sep 2025 |
| Riggan | Martin County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| Rio 27-1 | Martin County, TX | 201,295 BBLs | 660,360 MCF | Sep 2025 |
| Stone 39 | Martin County, TX | 5 BBLs | 0 MCF | Aug 2025 |
| Superior Strain | Martin County, TX | 80 BBLs | 797 MCF | Sep 2025 |
| Texaco 41 | Martin County, TX | 5,409 BBLs | 47,775 MCF | Sep 2025 |
| Texaco-McMurry | Martin County, TX | 15,174 BBLs | 66,511 MCF | Sep 2025 |
| VLT Mauser Diplomat Unit | Martin County, TX | 3,224 BBLs | 3,709 MCF | Sep 2025 |
| VLT Mauser Expert Unit | Martin County, TX | 3,794 BBLs | 6,622 MCF | Sep 2025 |
| VLT Mauser Magnum Unit | Martin County, TX | 3,849 BBLs | 7,762 MCF | Sep 2025 |
| Zebco 27-39 | Martin County, TX | 121,982 BBLs | 558,286 MCF | Sep 2025 |
These are the closest 20 companies operating near the Richards property.