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 - Jun 2025 |
| Total Oil Production | 668,288 BBLs |
| Total Gas Production | 417,966 MCF |
| Recent Oil Production | 1,990 BBLs in Jun 2025 |
| Recent Gas Production | 2,383 MCF in Jun 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for King Cobra 2 State
ShaleAssessment™
$100,016 *
MarketMultiple™
$270,790 **
* 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 | 1,345 BBLs | 1,306 MCF | Jun 2025 |
| Airstrip 31 | Lea County, NM | 9,174 BBLs | 8,151 MCF | Jun 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,868 BBLs | 490 MCF | Jun 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 398 BBLs | 3,039 MCF | Jun 2025 |
| Caprock 27 State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Gold State Com | Lea County, NM | 14,766 BBLs | 33,057 MCF | Jun 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 | 680 BBLs | 425 MCF | Jun 2025 |
| Playa 2 State | Lea County, NM | 706 BBLs | 538 MCF | Jun 2025 |
| Quail 11 State | Lea County, NM | 3,293 BBLs | 3,059 MCF | Jun 2025 |
| Quail Queen Unit | Lea County, NM | 76 BBLs | 0 MCF | Jun 2025 |
| Raptor West 3 State | Lea County, NM | 1,535 BBLs | 2,259 MCF | Jul 2025 |
| Satellite State Com | Lea County, NM | 132,701 BBLs | 141,961 MCF | Jun 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teal 12 State Com | Lea County, NM | 1,203 BBLs | 2,910 MCF | Jun 2025 |
| Tin Cup 36 State Com | Lea County, NM | 380 BBLs | 653 MCF | Jun 2025 |
| Tres Primos 3 State | Lea County, NM | 1,204 BBLs | 461 MCF | Jun 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,443 BBLs | 1,246 MCF | Jun 2025 |
These are the closest 20 companies operating near the King Cobra 2 State property.