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 - Jul 2025 |
| Total Oil Production | 670,055 BBLs |
| Total Gas Production | 419,960 MCF |
| Recent Oil Production | 1,767 BBLs in Jul 2025 |
| Recent Gas Production | 1,994 MCF in Jul 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$98,615 *
MarketMultiple™
$263,425 **
* 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 | 1,878 BBLs | 1,454 MCF | Jul 2025 |
| Airstrip 31 | Lea County, NM | 4,254 BBLs | 3,474 MCF | Jul 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,788 BBLs | 487 MCF | Jul 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,537 BBLs | 2,663 MCF | Aug 2025 |
| Caprock 27 State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Gold State Com | Lea County, NM | 9,612 BBLs | 30,247 MCF | Aug 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 | 361 BBLs | 187 MCF | Jul 2025 |
| Mongoose Fee | Lea County, NM | 516 BBLs | 425 MCF | Jul 2025 |
| Playa 2 State | Lea County, NM | 457 BBLs | 514 MCF | Aug 2025 |
| Quail 11 State | Lea County, NM | 2,350 BBLs | 2,528 MCF | Jul 2025 |
| Quail Queen Unit | Lea County, NM | 79 BBLs | 0 MCF | Jul 2025 |
| Raptor West 3 State | Lea County, NM | 1,769 BBLs | 1,966 MCF | Aug 2025 |
| Satellite State Com | Lea County, NM | 118,292 BBLs | 166,047 MCF | Aug 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 374 BBLs | 657 MCF | Aug 2025 |
| Tres Primos 3 State | Lea County, NM | 1,568 BBLs | 196 MCF | Jul 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,310 BBLs | 1,299 MCF | Jul 2025 |
These are the closest 20 companies operating near the King Cobra 2 State property.