Oil & Gas Property in Martin County, TX
Key data points for Richards
| County | Martin County, TX |
|---|---|
| Production Dates | Jan 1993 - Mar 2026 |
| Total Oil Production | 1,275,760 BBLs |
| Total Gas Production | 2,351,513 MCF |
| Recent Oil Production | 1,388 BBLs in Feb 2026 |
| Recent Gas Production | 1,100 MCF in Feb 2026 |
| Wells on Property | 28 |
Our Valuation Estimates for Richards
ShaleAssessment™
$205,372 *
MarketMultiple™
$233,576 **
* 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 | 17 BBLs | 39 MCF | Mar 2026 |
| Crabtree 25 | Martin County, TX | 407 BBLs | 0 MCF | Mar 2026 |
| Grisham J. R. & Greeman J. M | Martin County, TX | 0 BBLs | 0 MCF | Dec 2024 |
| Heidelberg | Martin County, TX | 736,679 BBLs | 731,545 MCF | Mar 2026 |
| Holt | Martin County, TX | 39 BBLs | 4 MCF | Mar 2026 |
| Madison 35-26 | Martin County, TX | 155,457 BBLs | 253,341 MCF | Mar 2026 |
| McMurry | Martin County, TX | 2,936 BBLs | 39,957 MCF | Mar 2026 |
| Nathan | Martin County, TX | 0 BBLs | 0 MCF | Mar 2026 |
| Ramsey | Martin County, TX | 0 BBLs | 87 MCF | Mar 2026 |
| Riggan | Martin County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| Rio 27-1 | Martin County, TX | 183,984 BBLs | 732,464 MCF | Mar 2026 |
| Shimano 28-4 | Martin County, TX | 148,869 BBLs | 575,162 MCF | Mar 2026 |
| Stone 39 | Martin County, TX | 0 BBLs | 0 MCF | Aug 2025 |
| Superior Strain | Martin County, TX | 61 BBLs | 715 MCF | Mar 2026 |
| Texaco 41 | Martin County, TX | 3,931 BBLs | 16,298 MCF | Mar 2026 |
| Texaco-McMurry | Martin County, TX | 14,594 BBLs | 21,607 MCF | Mar 2026 |
| VLT Mauser Diplomat Unit | Martin County, TX | 1,770 BBLs | 2,237 MCF | Mar 2026 |
| VLT Mauser Expert Unit | Martin County, TX | 2,837 BBLs | 3,755 MCF | Mar 2026 |
| VLT Mauser Magnum Unit | Martin County, TX | 2,808 BBLs | 3,874 MCF | Mar 2026 |
| Zebco 27-39 | Martin County, TX | 67,425 BBLs | 474,705 MCF | Mar 2026 |
These are the closest 20 companies operating near the Richards property.