Oil & Gas Property in Martin County, TX
Key data points for Richards
| County | Martin County, TX |
|---|---|
| Production Dates | Jan 1993 - Aug 2025 |
| Total Oil Production | 1,261,085 BBLs |
| Total Gas Production | 2,335,587 MCF |
| Recent Oil Production | 2,209 BBLs in Jul 2025 |
| Recent Gas Production | 3,498 MCF in Jul 2025 |
| Wells on Property | 28 |
Our Valuation Estimates for Richards
ShaleAssessment™
$224,003 *
MarketMultiple™
$297,221 **
* 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 | 178 BBLs | 3,342 MCF | Aug 2025 |
| Carlile | Martin County, TX | 285 BBLs | 506 MCF | Aug 2025 |
| Crabtree 25 | Martin County, TX | 450 BBLs | 1,038 MCF | Aug 2025 |
| Grisham J. R. & Greeman J. M | Martin County, TX | 0 BBLs | 0 MCF | Dec 2024 |
| Heidelberg | Martin County, TX | 567 BBLs | 1,185 MCF | Aug 2025 |
| Holt | Martin County, TX | 124 BBLs | 146 MCF | Aug 2025 |
| Lo Free 38 | Martin County, TX | 216 BBLs | 1,765 MCF | Aug 2025 |
| McMurry | Martin County, TX | 673 BBLs | 27,482 MCF | Aug 2025 |
| Nathan | Martin County, TX | 81 BBLs | 9 MCF | Aug 2025 |
| Ramsey | Martin County, TX | 471 BBLs | 4,973 MCF | Aug 2025 |
| Riggan | Martin County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| Rio 27-1 | Martin County, TX | 376,458 BBLs | 1,196,149 MCF | Aug 2025 |
| Stone 39 | Martin County, TX | 0 BBLs | 0 MCF | Aug 2025 |
| Superior Strain | Martin County, TX | 83 BBLs | 668 MCF | Aug 2025 |
| Texaco 41 | Martin County, TX | 4,907 BBLs | 40,456 MCF | Aug 2025 |
| Texaco-McMurry | Martin County, TX | 13,492 BBLs | 62,312 MCF | Aug 2025 |
| VLT Mauser Diplomat Unit | Martin County, TX | 3,542 BBLs | 3,515 MCF | Aug 2025 |
| VLT Mauser Expert Unit | Martin County, TX | 4,065 BBLs | 9,894 MCF | Aug 2025 |
| VLT Mauser Magnum Unit | Martin County, TX | 4,168 BBLs | 8,168 MCF | Aug 2025 |
| Zebco 27-39 | Martin County, TX | 122,149 BBLs | 537,444 MCF | Aug 2025 |
These are the closest 20 companies operating near the Richards property.