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 - Feb 2026 |
| Total Oil Production | 681,461 BBLs |
| Total Gas Production | 432,620 MCF |
| Recent Oil Production | 1,260 BBLs in Feb 2026 |
| Recent Gas Production | 1,249 MCF in Feb 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$89,145 *
MarketMultiple™
$199,492 **
* 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 | 2,734 BBLs | 1,848 MCF | Feb 2026 |
| Airstrip 31 | Lea County, NM | 8,039 BBLs | 6,777 MCF | Feb 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,889 BBLs | 1,009 MCF | Feb 2026 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,819 BBLs | 3,130 MCF | Feb 2026 |
| Caprock 27 State | Lea County, NM | 315 BBLs | 0 MCF | Feb 2026 |
| Gold State Com | Lea County, NM | 9,280 BBLs | 16,742 MCF | Feb 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 | 533 BBLs | 397 MCF | Feb 2026 |
| Mongoose Fee | Lea County, NM | 471 BBLs | 514 MCF | Feb 2026 |
| Playa 2 State | Lea County, NM | 1,472 BBLs | 1,083 MCF | Feb 2026 |
| Quail 11 State | Lea County, NM | 3,492 BBLs | 3,100 MCF | Feb 2026 |
| Quail Queen Unit | Lea County, NM | 66 BBLs | 0 MCF | Feb 2026 |
| Raptor West 3 State | Lea County, NM | 1,108 BBLs | 593 MCF | Feb 2026 |
| Satellite State Com | Lea County, NM | 71,010 BBLs | 92,286 MCF | Feb 2026 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 417 BBLs | 700 MCF | Feb 2026 |
| Tres Primos 3 State | Lea County, NM | 2,093 BBLs | 842 MCF | Feb 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,271 BBLs | 1,381 MCF | Feb 2026 |
These are the closest 20 companies operating near the King Cobra 2 State property.