Oil & Gas Property in Martin County, TX
Key data points for Richards
| County | Martin County, TX |
|---|---|
| Production Dates | Jan 1993 - Jul 2025 |
| Total Oil Production | 1,259,204 BBLs |
| Total Gas Production | 2,332,611 MCF |
| Recent Oil Production | 1,776 BBLs in Jun 2025 |
| Recent Gas Production | 4,220 MCF in Jun 2025 |
| Wells on Property | 28 |
Our Valuation Estimates for Richards
ShaleAssessment™
$226,821 *
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 | 185 BBLs | 3,579 MCF | Jul 2025 |
| Carlile | Martin County, TX | 253 BBLs | 479 MCF | Jul 2025 |
| Crabtree 25 | Martin County, TX | 328 BBLs | 878 MCF | Jul 2025 |
| Grisham J. R. & Greeman J. M | Martin County, TX | 0 BBLs | 0 MCF | Dec 2024 |
| Heidelberg | Martin County, TX | 502 BBLs | 983 MCF | Jul 2025 |
| Holt | Martin County, TX | 142 BBLs | 206 MCF | Jul 2025 |
| Lo Free 38 | Martin County, TX | 264 BBLs | 1,851 MCF | Jul 2025 |
| McMurry | Martin County, TX | 652 BBLs | 26,770 MCF | Jul 2025 |
| Nathan | Martin County, TX | 61 BBLs | 93 MCF | Jul 2025 |
| Ramsey | Martin County, TX | 517 BBLs | 4,404 MCF | Jul 2025 |
| Riggan | Martin County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| Rio 27-1 | Martin County, TX | 529,233 BBLs | 1,351,546 MCF | Jul 2025 |
| Stone 39 | Martin County, TX | 0 BBLs | 0 MCF | Feb 2025 |
| Superior Strain | Martin County, TX | 70 BBLs | 753 MCF | Jul 2025 |
| Texaco 41 | Martin County, TX | 5,030 BBLs | 39,703 MCF | Jul 2025 |
| Texaco-McMurry | Martin County, TX | 19,016 BBLs | 76,826 MCF | Jul 2025 |
| VLT Mauser Diplomat Unit | Martin County, TX | 3,544 BBLs | 3,652 MCF | Jul 2025 |
| VLT Mauser Expert Unit | Martin County, TX | 3,889 BBLs | 7,482 MCF | Jul 2025 |
| VLT Mauser Magnum Unit | Martin County, TX | 3,779 BBLs | 6,652 MCF | Jul 2025 |
| Zebco 27-39 | Martin County, TX | 117,225 BBLs | 603,050 MCF | Jul 2025 |
These are the closest 20 companies operating near the Richards property.