Cobalt 32 State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Cobalt 32 State Oil & Gas Property

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Property Summary

Key data points for Cobalt 32 State

CountyLea County, NM
OperatorEOG RESOURCES INC
Production DatesApr 2018 - Oct 2025
Total Oil Production5,074,519 BBLs
Total Gas Production13,810,199 MCF
Recent Oil Production51,715 BBLs in Sep 2025
Recent Gas Production263,343 MCF in Sep 2025
Wells on Property26

Our Valuation Estimates for Cobalt 32 State

ShaleAssessment™

$130,303 *

MarketMultiple™

$8,637,059 **

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

Based on a decimal interest

Cobalt 32 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Cobalt 32 State
from Apr 2018 to Oct 2025

Wells on Cobalt 32 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-44268COBALT 32 STATE 701HEOG RESOURCES INCActiveLea County, NM32.167870-103.485279
30-025-44269COBALT 32 STATE 702HEOG RESOURCES INCActiveLea County, NM32.168024-103.485634
30-025-44905COBALT 32 STATE 201CEOG RESOURCES INCCancelledLea County, NM32.167416-103.486838
30-025-44906COBALT 32 STATE 202CEOG RESOURCES INCCancelledLea County, NM32.167416-103.487051
30-025-44907COBALT 32 STATE 301CEOG RESOURCES INCCancelledLea County, NM32.167416-103.486944
30-025-45132COBALT 32 STATE COM 703HEOG RESOURCES INCActiveLea County, NM32.167334-103.489374
30-025-45133COBALT 32 STATE COM 704HEOG RESOURCES INCActiveLea County, NM32.167334-103.489481
30-025-45134COBALT 32 STATE 705CEOG RESOURCES INCCancelledLea County, NM32.167337-103.494895
30-025-45135COBALT 32 STATE 706CEOG RESOURCES INCCancelledLea County, NM32.167337-103.495001
30-025-45136COBALT 32 STATE 707HEOG RESOURCES INCActiveLea County, NM32.167340-103.498220
30-025-45137COBALT 32 STATE 708HEOG RESOURCES INCActiveLea County, NM32.167340-103.498326
30-025-45245COBALT 32 STATE 709HEOG RESOURCES INCActiveLea County, NM32.167339-103.498433
30-025-51735COBALT 32 STATE 304HEOG RESOURCES INCNewLea County, NM32.167609-103.489057
30-025-51736COBALT 32 STATE 305HEOG RESOURCES INCNewLea County, NM32.167608-103.495301
30-025-51737COBALT 32 STATE 306HEOG RESOURCES INCNewLea County, NM32.167608-103.495515
30-025-51738COBALT 32 STATE 403HEOG RESOURCES INCNewLea County, NM32.167608-103.495195
30-025-51739COBALT 32 STATE 506HEOG RESOURCES INCNewLea County, NM32.167609-103.489164
30-025-51740COBALT 32 STATE 508HEOG RESOURCES INCNewLea County, NM32.167608-103.495408
30-025-51741COBALT 32 STATE COM 302HEOG RESOURCES INCNewLea County, NM32.167687-103.485016
30-025-51742COBALT 32 STATE COM 402HEOG RESOURCES INCNewLea County, NM32.167609-103.488715
30-025-51743COBALT 32 STATE COM 501HEOG RESOURCES INCNewLea County, NM32.167415-103.485016
30-025-51744COBALT 32 STATE COM 502HEOG RESOURCES INCNewLea County, NM32.167506-103.485016
30-025-51745COBALT 32 STATE COM 503HEOG RESOURCES INCNewLea County, NM32.167597-103.485016
30-025-51746COBALT 32 STATE COM 505HEOG RESOURCES INCNewLea County, NM32.167609-103.488780
30-025-51747COBALT 32 STATE COM 507HEOG RESOURCES INCNewLea County, NM32.167609-103.488951
30-025-51751COBALT 32 STATE COM 303HEOG RESOURCES INCNewLea County, NM32.167609-103.488844

Leases included in Cobalt 32 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
320467COBALT 32 STATEEOG RESOURCES INCLea County, NM
324864COBALT 32 STATE COMEOG RESOURCES INCLea County, NM

Nearby Properties

These are the closest 20 properties to the Cobalt 32 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
DiamondLea County, NM0 BBLs388 MCFOct 2025
Diamond 31 FederalLea County, NM21,716 BBLs167,824 MCFOct 2025
Diamond 5 Federal ComLea County, NM2,628 BBLs705 MCFOct 2025
Diamond 8 Federal ComLea County, NM2,298 BBLs2,057 MCFOct 2025
Dillon 31Lea County, NM1,966 BBLs12,578 MCFOct 2025
Dillon 31 Federal ComLea County, NM25,323 BBLs257,506 MCFOct 2025
Dragon 36 StateLea County, NM36,301 BBLs284,830 MCFOct 2025
Dragon XL 36 24 State ComLea County, NM23,667 BBLs126,354 MCFOct 2025
Jupiter 29 Federal ComLea County, NM9,650 BBLs189,296 MCFOct 2025
Jupiter 30 Federal ComLea County, NM83,812 BBLs372,744 MCFOct 2025
Keystone 6 Federal ComLea County, NM60,996 BBLs192,742 MCFOct 2025
Lacey Swiss 1 Federal ComLea County, NM593,813 BBLs1,362,833 MCFOct 2025
MaderaLea County, NM0 BBLs0 MCFJun 2021
Madera 33 Federal ComLea County, NM0 BBLs0 MCFSep 2002
PitchforkLea County, NM0 BBLs0 MCFAug 2017
Rock Train 5 Federal ComLea County, NM171,340 BBLs542,782 MCFOct 2025
Shiprock 5 Fed ComLea County, NM44,385 BBLs90,749 MCFOct 2025
Thrasher 33 Federal ComLea County, NM31,495 BBLs79,866 MCFOct 2025
Vaca RidgeLea County, NM0 BBLs0 MCFMar 2023
Vaca Ridge 4 Federal ComLea County, NM0 BBLs0 MCFAug 2006

Companies in the Area

These are the closest 20 companies operating near the Cobalt 32 State property.

Company Name
Bta Oil Producers
Bta Oil Producers, LLC
Burlington Resources Oil And Gas Co.
Chevron Midcontinent, L.P.
Chevron USA Inc
Civitas Permian Operating, LLC
COG Operating LLC
COG Production LLC
Devon Energy Production Company, L.P.
EOG Resources Inc
EOG Y Resources Inc
Jonah Energy LLC
Marathon Oil Permian LLC
Matador Production Company
Murchison Oil And Gas, LLC
Permian Resources Operating, LLC
Robert E. Landreth
Santo Operating LLC
Santo Petroleum LLC
Tap Rock Operating, LLC

Frac'ing activity on Cobalt 32 State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-44268COBALT 32 STATE #701H
30-025-44269COBALT 32 STATE #702H
30-025-45132COBALT 32 STATE COM #703H
30-025-45133COBALT 32 STATE COM #704H
30-025-45136COBALT 32 STATE #707H
30-025-45137COBALT 32 STATE #708H
30-025-45245COBALT 32 STATE #709H
30-025-51735COBALT 32 STATE #304H
30-025-51736COBALT 32 STATE #305H
30-025-51737COBALT 32 STATE #306H
30-025-51738COBALT 32 STATE #403H
30-025-51739COBALT 32 STATE #506H
30-025-51740COBALT 32 STATE #508H
30-025-51741COBALT 32 STATE COM #302H
30-025-51742COBALT 32 STATE COM #402H
30-025-51743COBALT 32 STATE COM #501H
30-025-51744COBALT 32 STATE COM #502H
30-025-51745COBALT 32 STATE COM #503H
30-025-51746COBALT 32 STATE COM #505H
30-025-51747COBALT 32 STATE COM #507H
30-025-51751COBALT 32 STATE COM #303H