King Cobra 2 State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for King Cobra 2 State

CountyLea County, NM
OperatorMATADOR PRODUCTION COMPANY
Production DatesMay 2012 - Feb 2025
Total Oil Production659,992 BBLs
Total Gas Production408,486 MCF
Recent Oil Production2,063 BBLs in Feb 2025
Recent Gas Production2,073 MCF in Feb 2025
Wells on Property2

Our Valuation Estimates for King Cobra 2 State

ShaleAssessment

$105,545 *

MarketMultiple

$303,123 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

King Cobra 2 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for King Cobra 2 State
from May 2012 to Feb 2025

Wells on King Cobra 2 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-40388KING COBRA 2 STATE 001HMATADOR PRODUCTION COMPANYActiveLea County, NM32.695774-103.523956
30-025-41060KING COBRA 2 STATE 002HMATADOR PRODUCTION COMPANYActiveLea County, NM32.695931-103.528900

Leases included in King Cobra 2 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
335356KING COBRA 2 STATEMATADOR PRODUCTION COMPANYLea County, NM

Nearby Properties

These are the closest 20 properties to the King Cobra 2 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM3,158 BBLs2,413 MCFFeb 2025
Airstrip 31Lea County, NM9,503 BBLs6,631 MCFFeb 2025
Airstrip 6 State Com 00Lea County, NM1,587 BBLs750 MCFFeb 2025
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Butter Cup 3Lea County, NM1,640 BBLs1,533 MCFFeb 2025
Caprock 27 StateLea County, NM36 BBLs5 MCFFeb 2025
Gold State ComLea County, NM15,433 BBLs18,864 MCFFeb 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Mongoose FeeLea County, NM623 BBLs751 MCFFeb 2025
Playa 2 StateLea County, NM1,012 BBLs1,349 MCFFeb 2025
Quail 11 StateLea County, NM2,432 BBLs2,231 MCFFeb 2025
Quail Queen UnitLea County, NM59 BBLs0 MCFFeb 2025
Raptor West 3 StateLea County, NM1,437 BBLs2,061 MCFFeb 2025
Satellite State ComLea County, NM189,782 BBLs166,008 MCFFeb 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
TeapotLea County, NM413 BBLs887 MCFFeb 2025
Tin Cup 36 State ComLea County, NM286 BBLs644 MCFFeb 2025
Tres Primos 3 StateLea County, NM1,268 BBLs946 MCFFeb 2025
Wild Cobra 1 StateLea County, NM1,368 BBLs1,146 MCFFeb 2025