Playa 2 State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Playa 2 State Oil & Gas Property

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Property Summary

Key data points for Playa 2 State

County,
OperatorFRANKLIN MOUNTAIN ENERGY 3, LLC
Production DatesMay 2012 - Mar 2025
Total Oil Production431,353 BBLs
Total Gas Production276,520 MCF
Recent Oil Production1,249 BBLs in Mar 2025
Recent Gas Production1,652 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Playa 2 State

ShaleAssessment™

$47,137 *

MarketMultiple™

$153,329 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Playa 2 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Playa 2 State
from May 2012 to Mar 2025

Wells on Playa 2 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,

Leases included in Playa 2 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
333697PLAYA 2 STATEFranklin Mountain Energy 3, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Playa 2 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM3,109 BBLs2,362 MCFMar 2025
Airstrip 6 State Com 00Lea County, NM1,625 BBLs573 MCFMar 2025
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Butter Cup 3Lea County, NM2,582 BBLs2,934 MCFMar 2025
CimarronLea County, NM237 BBLs99 MCFMar 2025
Cow Bell 9 4 Federal ComLea County, NM2,875 BBLs187 MCFMar 2025
Go StateLea County, NM13,654 BBLs10,178 MCFMar 2025
Gold State ComLea County, NM17,860 BBLs26,277 MCFMar 2025
King Cobra 2 StateLea County, NM2,178 BBLs2,230 MCFMar 2025
Merit 6 Eh State ComLea County, NM682 BBLs77 MCFMar 2025
Mongoose FeeLea County, NM591 BBLs679 MCFMar 2025
Quail 11 StateLea County, NM2,821 BBLs2,656 MCFMar 2025
Quail Queen UnitLea County, NM61 BBLs0 MCFApr 2025
Raptor West 3 StateLea County, NM2,009 BBLs2,016 MCFMar 2025
Scharb 10Lea County, NM1,696 BBLs2,047 MCFMar 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
Teal 12 State ComLea County, NM900 BBLs2,295 MCFMar 2025
TeapotLea County, NM366 BBLs1,308 MCFMar 2025
Tin Cup 36 State ComLea County, NM363 BBLs789 MCFMar 2025
Wild Cobra 1 StateLea County, NM1,375 BBLs1,284 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the Playa 2 State property.

Company Name