Oil & Gas Property in Martin County, TX
Key data points for Richards
| County | Martin County, TX |
|---|---|
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 1,273,519 BBLs |
| Total Gas Production | 2,348,573 MCF |
| Recent Oil Production | 1,953 BBLs in Jan 2026 |
| Recent Gas Production | 1,834 MCF in Jan 2026 |
| Wells on Property | 28 |
Our Valuation Estimates for Richards
ShaleAssessment™
$207,748 *
MarketMultiple™
$242,437 **
* 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 |
|---|---|---|---|---|
| Carlile | Martin County, TX | 24 BBLs | 0 MCF | Feb 2026 |
| Crabtree 25 | Martin County, TX | 90 BBLs | 0 MCF | Feb 2026 |
| Grisham J. R. & Greeman J. M | Martin County, TX | 0 BBLs | 0 MCF | Dec 2024 |
| Heidelberg | Martin County, TX | 220,550 BBLs | 182,052 MCF | Feb 2026 |
| Holt | Martin County, TX | 10 BBLs | 1 MCF | Feb 2026 |
| Madison 35-26 | Martin County, TX | 166,377 BBLs | 207,052 MCF | Feb 2026 |
| McMurry | Martin County, TX | 868 BBLs | 11,504 MCF | Feb 2026 |
| Nathan | Martin County, TX | 0 BBLs | 0 MCF | Nov 2025 |
| Ramsey | Martin County, TX | 0 BBLs | 0 MCF | Feb 2026 |
| Riggan | Martin County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| Rio 27-1 | Martin County, TX | 201,802 BBLs | 840,868 MCF | Feb 2026 |
| Shimano 28-4 | Martin County, TX | 183,579 BBLs | 695,549 MCF | Feb 2026 |
| Stone 39 | Martin County, TX | 0 BBLs | 0 MCF | Aug 2025 |
| Superior Strain | Martin County, TX | 150 BBLs | 1,272 MCF | Feb 2026 |
| Texaco 41 | Martin County, TX | 3,442 BBLs | 17,578 MCF | Feb 2026 |
| Texaco-McMurry | Martin County, TX | 9,827 BBLs | 22,961 MCF | Feb 2026 |
| VLT Mauser Diplomat Unit | Martin County, TX | 2,050 BBLs | 230 MCF | Feb 2026 |
| VLT Mauser Expert Unit | Martin County, TX | 2,728 BBLs | 3,620 MCF | Feb 2026 |
| VLT Mauser Magnum Unit | Martin County, TX | 3,301 BBLs | 2,025 MCF | Feb 2026 |
| Zebco 27-39 | Martin County, TX | 76,747 BBLs | 515,313 MCF | Feb 2026 |
These are the closest 20 companies operating near the Richards property.