Oil & Gas Property in Lea County, NM
Key data points for Cobalt 32 State
| County | Lea County, NM |
|---|---|
| Operator | EOG RESOURCES INC |
| Production Dates | Apr 2018 - Feb 2026 |
| Total Oil Production | 5,256,313 BBLs |
| Total Gas Production | 14,741,485 MCF |
| Recent Oil Production | 41,413 BBLs in Feb 2026 |
| Recent Gas Production | 209,474 MCF in Feb 2026 |
| Wells on Property | 26 |
Our Valuation Estimates for Cobalt 32 State
ShaleAssessment™
$121,373 *
MarketMultiple™
$7,069,639 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Cobalt 32 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Diamond | Lea County, NM | 167 BBLs | 71 MCF | Feb 2026 |
| Diamond 31 Federal | Lea County, NM | 21,293 BBLs | 164,015 MCF | Feb 2026 |
| Diamond 5 Federal Com | Lea County, NM | 9 BBLs | 1 MCF | Feb 2026 |
| Diamond 8 Federal Com | Lea County, NM | 1,596 BBLs | 3,677 MCF | Feb 2026 |
| Dillon 31 | Lea County, NM | 1,826 BBLs | 11,582 MCF | Feb 2026 |
| Dillon 31 Federal Com | Lea County, NM | 23,332 BBLs | 220,007 MCF | Feb 2026 |
| Dragon XL 36 24 State Com | Lea County, NM | 14,115 BBLs | 120,854 MCF | Feb 2026 |
| Jupiter 29 Federal Com | Lea County, NM | 5,340 BBLs | 161,986 MCF | Feb 2026 |
| Jupiter 30 Federal Com | Lea County, NM | 50,666 BBLs | 200,465 MCF | Feb 2026 |
| Keystone 6 Federal Com | Lea County, NM | 51,011 BBLs | 174,347 MCF | Feb 2026 |
| Lacey Swiss 1 Federal Com | Lea County, NM | 151,977 BBLs | 683,693 MCF | Feb 2026 |
| Madera | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Madera 33 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2002 |
| Pitchfork | Lea County, NM | 0 BBLs | 0 MCF | Aug 2017 |
| Rock Train 5 Federal Com | Lea County, NM | 64,126 BBLs | 118,882 MCF | Feb 2026 |
| Shiprock 5 Fed Com | Lea County, NM | 142,591 BBLs | 266,218 MCF | Feb 2026 |
| Thrasher 33 Federal Com | Lea County, NM | 27,144 BBLs | 74,754 MCF | Feb 2026 |
| Vaca Ridge | Lea County, NM | 0 BBLs | 0 MCF | Mar 2023 |
| Vaca Ridge 4 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2006 |
| Vanguard 30 State Com | Lea County, NM | 2,978 BBLs | 5,723 MCF | Feb 2026 |
These are the closest 20 companies operating near the Cobalt 32 State property.