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 - Oct 2025 |
| Total Oil Production | 675,746 BBLs |
| Total Gas Production | 426,506 MCF |
| Recent Oil Production | 1,861 BBLs in Aug 2025 |
| Recent Gas Production | 2,117 MCF in Aug 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$94,364 *
MarketMultiple™
$245,288 **
* 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 | 3,358 BBLs | 2,840 MCF | Oct 2025 |
| Airstrip 31 | Lea County, NM | 7,305 BBLs | 4,849 MCF | Oct 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,912 BBLs | 1,022 MCF | Oct 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,187 BBLs | 2,101 MCF | Oct 2025 |
| Caprock 27 State | Lea County, NM | 75 BBLs | 0 MCF | Oct 2025 |
| Gold State Com | Lea County, NM | 6,935 BBLs | 26,856 MCF | Oct 2025 |
| 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 | 684 BBLs | 469 MCF | Sep 2025 |
| Playa 2 State | Lea County, NM | 523 BBLs | 464 MCF | Oct 2025 |
| Quail 11 State | Lea County, NM | 3,254 BBLs | 2,755 MCF | Oct 2025 |
| Quail Queen Unit | Lea County, NM | 58 BBLs | 0 MCF | Sep 2025 |
| Raptor West 3 State | Lea County, NM | 1,563 BBLs | 1,505 MCF | Oct 2025 |
| Satellite State Com | Lea County, NM | 95,184 BBLs | 117,494 MCF | Oct 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teal 12 State Com | Lea County, NM | 1,116 BBLs | 2,971 MCF | Oct 2025 |
| Tin Cup 36 State Com | Lea County, NM | 362 BBLs | 517 MCF | Oct 2025 |
| Tres Primos 3 State | Lea County, NM | 1,408 BBLs | 541 MCF | Oct 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,343 BBLs | 1,277 MCF | Oct 2025 |
These are the closest 20 companies operating near the King Cobra 2 State property.