Oil & Gas Property in Lea County, NM
Key data points for Playa 2 State
| County | Lea County, NM |
|---|---|
| Operator | COTERRA ENERGY OPERATING CO. |
| Production Dates | May 2012 - Dec 2025 |
| Total Oil Production | 436,535 BBLs |
| Total Gas Production | 282,430 MCF |
| Recent Oil Production | 613 BBLs in Dec 2025 |
| Recent Gas Production | 573 MCF in Dec 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Playa 2 State
ShaleAssessment™
$41,688 *
MarketMultiple™
$66,119 **
* 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 | 1,962 BBLs | 1,019 MCF | Dec 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 2,140 BBLs | 2,677 MCF | Dec 2025 |
| Cimarron | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Cimarron 16 19 34 RN State Com | Lea County, NM | 2,055 BBLs | 1,934 MCF | Dec 2025 |
| Cow Bell 9 4 Federal Com | Lea County, NM | 75,016 BBLs | 92,686 MCF | Dec 2025 |
| Go State | Lea County, NM | 10,573 BBLs | 9,828 MCF | Dec 2025 |
| Gold State Com | Lea County, NM | 11,195 BBLs | 25,177 MCF | Dec 2025 |
| King Cobra 2 State | Lea County, NM | 1,717 BBLs | 1,807 MCF | Dec 2025 |
| Merit 6 Eh State Com | Lea County, NM | 961 BBLs | 583 MCF | Dec 2025 |
| Mongoose Fee | Lea County, NM | 545 BBLs | 781 MCF | Dec 2025 |
| Quail 11 State | Lea County, NM | 2,985 BBLs | 2,613 MCF | Dec 2025 |
| Quail Queen Unit | Lea County, NM | 39 BBLs | 0 MCF | Dec 2025 |
| Raptor West 3 State | Lea County, NM | 776 BBLs | 1,389 MCF | Dec 2025 |
| Scharb 10 | Lea County, NM | 2,760 BBLs | 1,900 MCF | Dec 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teal 12 State Com | Lea County, NM | 1,163 BBLs | 2,647 MCF | Dec 2025 |
| Tin Cup 36 State Com | Lea County, NM | 412 BBLs | 562 MCF | Dec 2025 |
| Tres Primos 3 State | Lea County, NM | 2,205 BBLs | 826 MCF | Dec 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,857 BBLs | 1,421 MCF | Dec 2025 |
These are the closest 20 companies operating near the Playa 2 State property.