Oil & Gas Property in Lea County, NM
Key data points for King Cobra 2 State
| County | Lea County, NM |
|---|---|
| Operator | MATADOR PRODUCTION COMPANY |
| Production Dates | May 2012 - Jun 2026 |
| Total Oil Production | 690,354 BBLs |
| Total Gas Production | 441,658 MCF |
| Recent Oil Production | 2,105 BBLs in Jun 2026 |
| Recent Gas Production | 2,544 MCF in Jun 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$84,476 *
MarketMultiple™
$239,455 **
* 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 King Cobra 2 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 2,607 BBLs | 1,822 MCF | Jun 2026 |
| Airstrip 31 | Lea County, NM | 7,719 BBLs | 6,214 MCF | Jun 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 2,136 BBLs | 1,113 MCF | Jun 2026 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,293 BBLs | 1,947 MCF | Jun 2026 |
| Caprock 27 State | Lea County, NM | 239 BBLs | 12 MCF | Jul 2026 |
| Gold State Com | Lea County, NM | 8,369 BBLs | 15,523 MCF | Jun 2026 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Magpie State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Merit 6 Eh State Com | Lea County, NM | 469 BBLs | 348 MCF | Jun 2026 |
| Mongoose Fee | Lea County, NM | 482 BBLs | 228 MCF | Jun 2026 |
| Playa 2 State | Lea County, NM | 1,059 BBLs | 973 MCF | Jun 2026 |
| Quail Queen Unit | Lea County, NM | 45 BBLs | 0 MCF | Jun 2026 |
| Raptor West 3 State | Lea County, NM | 2,066 BBLs | 1,632 MCF | Jul 2026 |
| Satellite State Com | Lea County, NM | 54,644 BBLs | 64,538 MCF | Jun 2026 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teapot | Lea County, NM | 507 BBLs | 163 MCF | Jun 2026 |
| Tin Cup 36 State Com | Lea County, NM | 441 BBLs | 537 MCF | Jun 2026 |
| Tres Primos 3 State | Lea County, NM | 1,317 BBLs | 592 MCF | Jun 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,286 BBLs | 1,332 MCF | Jun 2026 |
These are the closest 20 companies operating near the King Cobra 2 State property.