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 - Apr 2026 |
| Total Oil Production | 685,768 BBLs |
| Total Gas Production | 436,467 MCF |
| Recent Oil Production | 2,049 BBLs in Mar 2026 |
| Recent Gas Production | 1,825 MCF in Mar 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$86,823 *
MarketMultiple™
$188,784 **
* 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 | 2,946 BBLs | 2,389 MCF | Apr 2026 |
| Airstrip 31 | Lea County, NM | 8,913 BBLs | 8,908 MCF | Apr 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 2,010 BBLs | 1,159 MCF | Apr 2026 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,445 BBLs | 2,226 MCF | Mar 2026 |
| Caprock 27 State | Lea County, NM | 180 BBLs | 18 MCF | May 2026 |
| Gold State Com | Lea County, NM | 9,298 BBLs | 19,442 MCF | Mar 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 | 579 BBLs | 423 MCF | Mar 2026 |
| Mongoose Fee | Lea County, NM | 520 BBLs | 708 MCF | Apr 2026 |
| Playa 2 State | Lea County, NM | 1,797 BBLs | 1,544 MCF | Mar 2026 |
| Quail 11 State | Lea County, NM | 3,882 BBLs | 3,745 MCF | Mar 2026 |
| Quail Queen Unit | Lea County, NM | 84 BBLs | 0 MCF | Mar 2026 |
| Raptor West 3 State | Lea County, NM | 1,626 BBLs | 1,284 MCF | Apr 2026 |
| Satellite State Com | Lea County, NM | 71,500 BBLs | 95,701 MCF | Mar 2026 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 396 BBLs | 597 MCF | Mar 2026 |
| Tres Primos 3 State | Lea County, NM | 1,179 BBLs | 539 MCF | Apr 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,360 BBLs | 1,456 MCF | Apr 2026 |
These are the closest 20 companies operating near the King Cobra 2 State property.