Craig State

Oil & Gas Property in Eddy County, NM

Property Summary

Key data points for Craig State

CountyEddy County, NM
OperatorCOG OPERATING LLC
Production DatesOct 2010 - May 2025
Total Oil Production1,370,290 BBLs
Total Gas Production12,387,614 MCF
Recent Oil Production1,650 BBLs in May 2025
Recent Gas Production43,607 MCF in May 2025
Wells on Property10

Our Valuation Estimates for Craig State

ShaleAssessment

$218,500 *

MarketMultiple

$409,227 **

* 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 May 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, NM948 BBLs24,349 MCFMay 2025
Chosa Draw 27 FederalEddy County, NM82 BBLs10,895 MCFMay 2025
CottonwoodEddy County, NM0 BBLs0 MCFApr 1994
Cottonwood Draw 2Eddy County, NM426 BBLs14,815 MCFMay 2025
Cottonwood Hills 32 State ComEddy County, NM1,389 BBLs9,825 MCFMay 2025
Craig Federal ComEddy County, NM343 BBLs18,512 MCFMay 2025
Goldeneye 26 Federal ComEddy County, NM0 BBLs0 MCFFeb 2019
Hayduke 34Eddy County, NM906 BBLs17,117 MCFMay 2025
HH So 8 5 Federal 004 002HEddy County, NM2,271 BBLs36,405 MCFMay 2025
Jack FederalEddy County, NM1,758 BBLs22,996 MCFMay 2025
Liberty 24 Federal ComEddy County, NM329 BBLs5,951 MCFMay 2025
Peaches 19 FederalEddy County, NM1,611 BBLs21,410 MCFMay 2025
Pintail 23Eddy County, NM1,413 BBLs19,602 MCFMay 2025
Populus FederalEddy County, NM2,376 BBLs24,841 MCFMay 2025
Punch BJD FederalEddy County, NM0 BBLs384 MCFMay 2025
Road Runner Federal ComEddy County, NM8,232 BBLs124,880 MCFMay 2025
Spunky Buk State ComEddy County, NM0 BBLs0 MCFApr 2025
Wigeon 23Eddy County, NM0 BBLs0 MCFAug 2018
Wigeon 23 26 Federal Com 00Eddy County, NM589 BBLs19,359 MCFMay 2025

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