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 - Nov 2025
Total Oil Production436,286 BBLs
Total Gas Production281,859 MCF
Recent Oil Production597 BBLs in Nov 2025
Recent Gas Production645 MCF in Nov 2025
Wells on Property2

Our Valuation Estimates for Playa 2 State

ShaleAssessment™

$42,319 *

MarketMultiple™

$92,039 **

* 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 Nov 2025

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, NM1,858 BBLs848 MCFNov 2025
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Butter Cup 3Lea County, NM1,971 BBLs2,377 MCFNov 2025
CimarronLea County, NM1,327 BBLs988 MCFNov 2025
Cimarron 16 19 34 RN State ComLea County, NM1,826 BBLs2,004 MCFNov 2025
Cow Bell 9 4 Federal ComLea County, NM78,808 BBLs78,757 MCFNov 2025
Go StateLea County, NM11,343 BBLs9,639 MCFNov 2025
Gold State ComLea County, NM12,048 BBLs24,662 MCFNov 2025
King Cobra 2 StateLea County, NM2,112 BBLs2,220 MCFNov 2025
Merit 6 Eh State ComLea County, NM311 BBLs237 MCFNov 2025
Mongoose FeeLea County, NM471 BBLs594 MCFNov 2025
Quail 11 StateLea County, NM2,600 BBLs2,424 MCFNov 2025
Quail Queen UnitLea County, NM62 BBLs0 MCFNov 2025
Raptor West 3 StateLea County, NM981 BBLs1,818 MCFNov 2025
Scharb 10Lea County, NM3,350 BBLs2,247 MCFNov 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
Teal 12 State ComLea County, NM1,142 BBLs2,699 MCFNov 2025
Tin Cup 36 State ComLea County, NM264 BBLs799 MCFNov 2025
Tres Primos 3 StateLea County, NM1,731 BBLs703 MCFNov 2025
Wild Cobra 1 StateLea County, NM1,348 BBLs1,199 MCFNov 2025

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
Harvey E Yates Company
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
McElvain Energy Inc
Mewbourne Oil Company
Oleum Energy LLC
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