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 - Sep 2025 |
| Total Oil Production | 435,078 BBLs |
| Total Gas Production | 280,090 MCF |
| Recent Oil Production | 636 BBLs in Sep 2025 |
| Recent Gas Production | 727 MCF in Sep 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Playa 2 State
ShaleAssessment™
$43,557 *
MarketMultiple™
$100,648 **
* 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 | 3,061 BBLs | 2,651 MCF | Sep 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,828 BBLs | 2,703 MCF | Sep 2025 |
| Cimarron | Lea County, NM | 883 BBLs | 787 MCF | Sep 2025 |
| Cimarron 16 19 34 RN State Com | Lea County, NM | 1,787 BBLs | 1,733 MCF | Sep 2025 |
| Cow Bell 9 4 Federal Com | Lea County, NM | 106,345 BBLs | 85,507 MCF | Sep 2025 |
| Go State | Lea County, NM | 11,312 BBLs | 10,233 MCF | Sep 2025 |
| Gold State Com | Lea County, NM | 5,292 BBLs | 19,451 MCF | Sep 2025 |
| King Cobra 2 State | Lea County, NM | 1,602 BBLs | 1,917 MCF | Sep 2025 |
| Merit 6 Eh State Com | Lea County, NM | 677 BBLs | 504 MCF | Sep 2025 |
| Mongoose Fee | Lea County, NM | 596 BBLs | 668 MCF | Sep 2025 |
| Quail 11 State | Lea County, NM | 2,451 BBLs | 2,337 MCF | Sep 2025 |
| Quail Queen Unit | Lea County, NM | 59 BBLs | 0 MCF | Sep 2025 |
| Raptor West 3 State | Lea County, NM | 1,644 BBLs | 2,239 MCF | Oct 2025 |
| Scharb 10 | Lea County, NM | 2,956 BBLs | 1,960 MCF | Sep 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teal 12 State Com | Lea County, NM | 1,012 BBLs | 2,763 MCF | Sep 2025 |
| Tin Cup 36 State Com | Lea County, NM | 270 BBLs | 629 MCF | Sep 2025 |
| Tres Primos 3 State | Lea County, NM | 1,513 BBLs | 603 MCF | Sep 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,431 BBLs | 1,287 MCF | Sep 2025 |
These are the closest 20 companies operating near the Playa 2 State property.