Craig State

Oil & Gas Property in Eddy County, NM

  2. New Mexico
  3. Eddy County, NM
  4. Oil & Gas Properties in Eddy County, NM
  5. Craig State Oil & Gas Property

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Property Summary

Key data points for Craig State

CountyEddy County, NM
OperatorCOG OPERATING LLC
Production DatesOct 2010 - Feb 2026
Total Oil Production1,390,709 BBLs
Total Gas Production12,701,469 MCF
Recent Oil Production2,924 BBLs in Feb 2026
Recent Gas Production41,008 MCF in Feb 2026
Wells on Property10

Our Valuation Estimates for Craig State

ShaleAssessment™

$193,525 *

MarketMultiple™

$443,592 **

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

Based on a decimal interest

Craig State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Craig State
from Oct 2010 to Feb 2026

Wells on Craig State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-37466CRAIG STATE COM 001HCOG OPERATING LLCPlugged (Not Released)Eddy County, NM32.080055-104.254074
30-015-41970CRAIG STATE 002COG OPERATING LLCPluggedEddy County, NM32.080055-104.253014
30-015-41971CRAIG STATE 003HCOG OPERATING LLCActiveEddy County, NM32.092590-104.249283
30-015-41981CRAIG STATE 004HCOG OPERATING LLCActiveEddy County, NM32.093014-104.244003
30-015-42497CRAIG STATE 005HCOG OPERATING LLCActiveEddy County, NM32.093002-104.240097
30-015-42989CRAIG STATE 012CCOG OPERATING LLCCancelledEddy County, NM32.092989-104.252072
30-015-43045CRAIG STATE 013HCOG OPERATING LLCActiveEddy County, NM32.092712-104.242657
30-015-43046CRAIG STATE 014HCOG OPERATING LLCActiveEddy County, NM32.092711-104.242512
30-015-43047CRAIG STATE 015HCOG OPERATING LLCActiveEddy County, NM32.092711-104.242367
30-015-43202CRAIG STATE 002HCOG OPERATING LLCCancelledEddy County, NM32.092859-104.251945

Leases included in Craig State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
308609CRAIG STATE COMCOG OPERATING LLCEddy County, NM
40339CRAIG STATECOG OPERATING LLCEddy County, NM

Nearby Properties

These are the closest 20 properties to the Craig State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bodacious BSM FederalEddy County, NM0 BBLs18 MCFFeb 2026
Bonnie 35 Federal ComEddy County, NM390 BBLs917 MCFFeb 2026
Chosa Draw 27 FederalEddy County, NM137 BBLs9,899 MCFFeb 2026
CottonwoodEddy County, NM0 BBLs0 MCFApr 1994
Cottonwood Hills 32 State ComEddy County, NM898 BBLs3,944 MCFFeb 2026
Craig Federal ComEddy County, NM1,419 BBLs32,604 MCFFeb 2026
Goldeneye 26 Federal ComEddy County, NM0 BBLs0 MCFFeb 2019
Hayduke 34Eddy County, NM954 BBLs8,424 MCFFeb 2026
Jack FederalEddy County, NM3,042 BBLs35,724 MCFFeb 2026
Liberty 24 Federal ComEddy County, NM88 BBLs3,284 MCFFeb 2026
Peaches 19 FederalEddy County, NM786 BBLs12,637 MCFFeb 2026
Pintail 23Eddy County, NM1,288 BBLs13,558 MCFFeb 2026
Pintail 23 Federal ComEddy County, NM192 BBLs1,972 MCFFeb 2026
Populus FederalEddy County, NM1,703 BBLs5,255 MCFFeb 2026
Punch BJD FederalEddy County, NM3 BBLs1 MCFFeb 2026
Road Runner Federal ComEddy County, NM9,038 BBLs129,139 MCFFeb 2026
Southern Hills 32 29 Federal ComEddy County, NM125,890 BBLs296,951 MCFFeb 2026
Southern Hills 32 29 Federal Com 003HEddy County, NM53,246 BBLs102,438 MCFFeb 2026
Spunky Buk State ComEddy County, NM0 BBLs0 MCFDec 2025
Wigeon 23Eddy County, NM0 BBLs0 MCFAug 2018

Companies in the Area

These are the closest 20 companies operating near the Craig State property.

Company Name
3R Operating , LLC
Bill & Patsy Rich
Bta Oil Producers, LLC
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Civitas Permian Operating, LLC
COG Operating LLC
Coterra Energy Operating Co.
Dalen Resources Oil & Gas Co
Devon Energy Production Company, L.P.
Earthstone Operating, LLC
EOG Resources Inc
EOG Y Resources Inc
Flat Creek Resources, LLC
Matador Operating Company
Mewbourne Oil Company
Murchison Oil And Gas, LLC
Pogo Producing Company
Premier Oil & Gas Inc
Quantum Resources Management LLC

Frac'ing activity on Craig State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-015-43045CRAIG STATE 013H
30-015-43046CRAIG STATE 014H
30-015-43047CRAIG STATE 015H