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 - Aug 2025
Total Oil Production1,376,649 BBLs
Total Gas Production12,476,415 MCF
Recent Oil Production2,356 BBLs in Jul 2025
Recent Gas Production42,078 MCF in Jul 2025
Wells on Property10

Our Valuation Estimates for Craig State

ShaleAssessment™

$209,982 *

MarketMultiple™

$333,283 **

* 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 Aug 2025

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 BBLs0 MCFApr 2025
Bonnie 35 Federal ComEddy County, NM719 BBLs13,587 MCFJul 2025
Chosa Draw 27 FederalEddy County, NM147 BBLs13,344 MCFJul 2025
CottonwoodEddy County, NM0 BBLs0 MCFApr 1994
Cottonwood Draw 2Eddy County, NM314 BBLs13,752 MCFJul 2025
Cottonwood Hills 32 State ComEddy County, NM2,394 BBLs9,800 MCFJul 2025
Craig Federal ComEddy County, NM1,837 BBLs51,913 MCFAug 2025
Goldeneye 26 Federal ComEddy County, NM0 BBLs0 MCFFeb 2019
Hayduke 34Eddy County, NM1,098 BBLs13,723 MCFJul 2025
HH So 8 5 Federal 004 002HEddy County, NM2,220 BBLs20,254 MCFJul 2025
Jack FederalEddy County, NM1,558 BBLs21,600 MCFAug 2025
Liberty 24 Federal ComEddy County, NM363 BBLs5,941 MCFJul 2025
Peaches 19 FederalEddy County, NM870 BBLs9,063 MCFJul 2025
Pintail 23Eddy County, NM1,637 BBLs18,935 MCFJul 2025
Populus FederalEddy County, NM979 BBLs10,385 MCFAug 2025
Punch BJD FederalEddy County, NM0 BBLs378 MCFJul 2025
Road Runner Federal ComEddy County, NM8,257 BBLs99,986 MCFAug 2025
Spunky Buk State ComEddy County, NM0 BBLs26 MCFJul 2025
Wigeon 23Eddy County, NM0 BBLs0 MCFAug 2018
Wigeon 23 26 Federal Com 00Eddy County, NM1,044 BBLs23,438 MCFJul 2025

Companies in the Area

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

Company Name
3R Operating , LLC
Bill & Patsy Rich
Breitburn Operating LP
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 LP
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

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