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

CountyLea County, NM
OperatorCOTERRA ENERGY OPERATING CO.
Production DatesMay 2012 - Feb 2026
Total Oil Production438,110 BBLs
Total Gas Production283,694 MCF
Recent Oil Production1,472 BBLs in Feb 2026
Recent Gas Production1,083 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Playa 2 State

ShaleAssessment™

$40,707 *

MarketMultiple™

$55,455 **

* 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 Feb 2026

Wells on Playa 2 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-40405PLAYA 2 STATE 001HCoterra Energy Operating Co.ActiveLea County, NM32.683041-103.532509
30-025-40549PLAYA 2 STATE 002HCoterra Energy Operating Co.ActiveLea County, NM32.683022-103.537155

Leases included in Playa 2 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
338190PLAYA 2 STATECoterra Energy Operating Co.Lea 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, NM2,734 BBLs1,848 MCFFeb 2026
Airstrip 6 State Com 00Lea County, NM1,889 BBLs1,009 MCFFeb 2026
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Butter Cup 3Lea County, NM1,819 BBLs3,130 MCFFeb 2026
CimarronLea County, NM3,396 BBLs2,908 MCFFeb 2026
Cow Bell 9 4 Federal ComLea County, NM48,581 BBLs61,182 MCFFeb 2026
Go StateLea County, NM7,724 BBLs6,398 MCFFeb 2026
Gold State ComLea County, NM9,280 BBLs16,742 MCFFeb 2026
King Cobra 2 StateLea County, NM1,260 BBLs1,249 MCFFeb 2026
Merit 6 Eh State ComLea County, NM533 BBLs397 MCFFeb 2026
Mongoose FeeLea County, NM471 BBLs514 MCFFeb 2026
Quail 11 StateLea County, NM3,492 BBLs3,100 MCFFeb 2026
Quail Queen UnitLea County, NM66 BBLs0 MCFFeb 2026
Raptor West 3 StateLea County, NM1,108 BBLs593 MCFFeb 2026
Scharb 10Lea County, NM2,187 BBLs1,582 MCFFeb 2026
StateLea County, NM0 BBLs0 MCFFeb 1998
Teal 12 State ComLea County, NM1,014 BBLs2,425 MCFFeb 2026
Tin Cup 36 State ComLea County, NM417 BBLs700 MCFFeb 2026
Tres Primos 3 StateLea County, NM2,093 BBLs842 MCFFeb 2026
Wild Cobra 1 StateLea County, NM1,271 BBLs1,381 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Playa 2 State property.

Company Name
BC Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Production Company, L.P.
E.G.L. Resources, Inc.
Elk Oil Company
G And C Operating, LLC
Harvey E Yates Company
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
McElvain Energy Inc
Mewbourne Oil Company
Pbex Operations, LLC
Pride Energy Company
Raybaw Operating, LLC
Union Oil Co Of California
Yates Energy Corporation

Frac'ing activity on Playa 2 State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-40405Playa 2 State 1H
30-025-40549Playa 2 State 2H