Oil & Gas Property in Lea County, NM
Key data points for King Cobra 2 State
| County | Lea County, NM |
|---|---|
| Operator | MATADOR PRODUCTION COMPANY |
| Production Dates | May 2012 - Jan 2025 |
| Total Oil Production | 657,929 BBLs |
| Total Gas Production | 406,413 MCF |
| Recent Oil Production | 1,982 BBLs in Jan 2025 |
| Recent Gas Production | 1,890 MCF in Jan 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$106,909 *
MarketMultiple™
$294,216 **
* 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 King Cobra 2 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 3,428 BBLs | 1,337 MCF | Jan 2025 |
| Airstrip 31 | Lea County, NM | 7,097 BBLs | 3,683 MCF | Jan 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,698 BBLs | 802 MCF | Jan 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,434 BBLs | 1,367 MCF | Feb 2025 |
| Caprock 27 State | Lea County, NM | 152 BBLs | 41 MCF | Jan 2025 |
| Gold State Com | Lea County, NM | 19,178 BBLs | 25,069 MCF | Feb 2025 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Magpie State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Mongoose Fee | Lea County, NM | 669 BBLs | 478 MCF | Jan 2025 |
| Playa 2 State | Lea County, NM | 1,090 BBLs | 1,971 MCF | Feb 2025 |
| Quail 11 State | Lea County, NM | 3,583 BBLs | 2,854 MCF | Jan 2025 |
| Quail Queen Unit | Lea County, NM | 71 BBLs | 0 MCF | Jan 2025 |
| Raptor West 3 State | Lea County, NM | 1,578 BBLs | 1,441 MCF | Jan 2025 |
| Satellite State Com | Lea County, NM | 277,591 BBLs | 183,723 MCF | Feb 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teal 12 State Com | Lea County, NM | 1,163 BBLs | 2,442 MCF | Jan 2025 |
| Tin Cup 36 State Com | Lea County, NM | 320 BBLs | 1,185 MCF | Feb 2025 |
| Tres Primos 3 State | Lea County, NM | 1,530 BBLs | 979 MCF | Jan 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,541 BBLs | 1,295 MCF | Jan 2025 |
These are the closest 20 companies operating near the King Cobra 2 State property.