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 - May 2026 |
| Total Oil Production | 688,249 BBLs |
| Total Gas Production | 439,114 MCF |
| Recent Oil Production | 2,481 BBLs in May 2026 |
| Recent Gas Production | 2,647 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$85,652 *
MarketMultiple™
$208,016 **
* 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 | 2,411 BBLs | 1,294 MCF | May 2026 |
| Airstrip 31 | Lea County, NM | 6,151 BBLs | 5,811 MCF | May 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,870 BBLs | 1,008 MCF | May 2026 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,419 BBLs | 1,404 MCF | May 2026 |
| Caprock 27 State | Lea County, NM | 228 BBLs | 14 MCF | May 2026 |
| Gold State Com | Lea County, NM | 10,705 BBLs | 22,148 MCF | May 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 | 588 BBLs | 392 MCF | May 2026 |
| Mongoose Fee | Lea County, NM | 413 BBLs | 268 MCF | May 2026 |
| Playa 2 State | Lea County, NM | 1,729 BBLs | 713 MCF | May 2026 |
| Quail 11 State | Lea County, NM | 3,541 BBLs | 4,069 MCF | May 2026 |
| Quail Queen Unit | Lea County, NM | 74 BBLs | 0 MCF | May 2026 |
| Raptor West 3 State | Lea County, NM | 1,840 BBLs | 1,186 MCF | May 2026 |
| Satellite State Com | Lea County, NM | 69,960 BBLs | 94,654 MCF | May 2026 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 481 BBLs | 293 MCF | May 2026 |
| Tres Primos 3 State | Lea County, NM | 2,100 BBLs | 912 MCF | May 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,058 BBLs | 1,144 MCF | May 2026 |
These are the closest 20 companies operating near the King Cobra 2 State property.