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 - Nov 2025 |
| Total Oil Production | 677,858 BBLs |
| Total Gas Production | 428,726 MCF |
| Recent Oil Production | 2,112 BBLs in Nov 2025 |
| Recent Gas Production | 2,220 MCF in Nov 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$92,908 *
MarketMultiple™
$237,325 **
* 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 | 1,858 BBLs | 848 MCF | Nov 2025 |
| Airstrip 31 | Lea County, NM | 9,121 BBLs | 7,135 MCF | Nov 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,971 BBLs | 2,377 MCF | Nov 2025 |
| Caprock 27 State | Lea County, NM | 272 BBLs | 101 MCF | Nov 2025 |
| Gold State Com | Lea County, NM | 12,048 BBLs | 24,662 MCF | Nov 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 | 311 BBLs | 237 MCF | Nov 2025 |
| Mongoose Fee | Lea County, NM | 471 BBLs | 594 MCF | Nov 2025 |
| Playa 2 State | Lea County, NM | 597 BBLs | 645 MCF | Nov 2025 |
| Quail 11 State | Lea County, NM | 2,600 BBLs | 2,424 MCF | Nov 2025 |
| Quail Queen Unit | Lea County, NM | 62 BBLs | 0 MCF | Nov 2025 |
| Raptor West 3 State | Lea County, NM | 981 BBLs | 1,818 MCF | Nov 2025 |
| Satellite State Com | Lea County, NM | 81,352 BBLs | 107,418 MCF | Nov 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teal 12 State Com | Lea County, NM | 1,142 BBLs | 2,699 MCF | Nov 2025 |
| Tin Cup 36 State Com | Lea County, NM | 264 BBLs | 799 MCF | Nov 2025 |
| Tres Primos 3 State | Lea County, NM | 1,731 BBLs | 703 MCF | Nov 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,348 BBLs | 1,199 MCF | Nov 2025 |
These are the closest 20 companies operating near the King Cobra 2 State property.