Oil & Gas Property in Lea County, NM
Key data points for Playa 2 State
| County | Lea County, NM |
|---|---|
| Operator | COTERRA ENERGY OPERATING E LLC |
| Production Dates | May 2012 - May 2025 |
| Total Oil Production | 432,756 BBLs |
| Total Gas Production | 277,847 MCF |
| Recent Oil Production | 713 BBLs in May 2025 |
| Recent Gas Production | 651 MCF in May 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Playa 2 State
ShaleAssessment™
$45,961 *
MarketMultiple™
$146,842 **
* 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 Playa 2 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 1,157 BBLs | 878 MCF | May 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,700 BBLs | 757 MCF | May 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,974 BBLs | 2,986 MCF | May 2025 |
| Cimarron | Lea County, NM | 1,527 BBLs | 1,085 MCF | May 2025 |
| Cimarron 16 19 34 RN State Com | Lea County, NM | 2,254 BBLs | 1,778 MCF | May 2025 |
| Cow Bell 9 4 Federal Com | Lea County, NM | 99,778 BBLs | 65,746 MCF | May 2025 |
| Go State | Lea County, NM | 8,642 BBLs | 5,768 MCF | May 2025 |
| Gold State Com | Lea County, NM | 14,153 BBLs | 29,482 MCF | May 2025 |
| King Cobra 2 State | Lea County, NM | 1,828 BBLs | 2,002 MCF | May 2025 |
| Merit 6 Eh State Com | Lea County, NM | 953 BBLs | 461 MCF | May 2025 |
| Quail 11 State | Lea County, NM | 2,668 BBLs | 2,314 MCF | May 2025 |
| Quail Queen Unit | Lea County, NM | 67 BBLs | 0 MCF | May 2025 |
| Raptor West 3 State | Lea County, NM | 2,270 BBLs | 2,339 MCF | May 2025 |
| Scharb 10 | Lea County, NM | 5,859 BBLs | 3,583 MCF | May 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teal 12 State Com | Lea County, NM | 1,106 BBLs | 2,694 MCF | May 2025 |
| Tin Cup 36 State Com | Lea County, NM | 464 BBLs | 496 MCF | May 2025 |
| Tres Primos 3 State | Lea County, NM | 1,240 BBLs | 484 MCF | May 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,326 BBLs | 1,212 MCF | May 2025 |
These are the closest 20 companies operating near the Playa 2 State property.