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 - May 2026 |
| Total Oil Production | 441,900 BBLs |
| Total Gas Production | 286,120 MCF |
| Recent Oil Production | 1,729 BBLs in May 2026 |
| Recent Gas Production | 713 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Playa 2 State
ShaleAssessment™
$39,209 *
MarketMultiple™
$86,763 **
* 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 | 2,411 BBLs | 1,294 MCF | May 2026 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Butter Cup 3 | Lea County, NM | 1,419 BBLs | 1,404 MCF | May 2026 |
| Cimarron | Lea County, NM | 3,038 BBLs | 3,436 MCF | May 2026 |
| Cow Bell 9 4 Federal Com | Lea County, NM | 43,571 BBLs | 54,882 MCF | May 2026 |
| Go State | Lea County, NM | 6,769 BBLs | 5,432 MCF | May 2026 |
| Gold State Com | Lea County, NM | 10,705 BBLs | 22,148 MCF | May 2026 |
| King Cobra 2 State | Lea County, NM | 2,481 BBLs | 2,647 MCF | May 2026 |
| Merit 6 Eh State Com | Lea County, NM | 588 BBLs | 392 MCF | May 2026 |
| Mongoose Fee | Lea County, NM | 413 BBLs | 268 MCF | May 2026 |
| Quail 11 State | Lea County, NM | 3,541 BBLs | 4,069 MCF | May 2026 |
| Quail Queen Unit | Lea County, NM | 74 BBLs | 0 MCF | May 2026 |
| Raptor West 3 State | Lea County, NM | 1,840 BBLs | 1,186 MCF | May 2026 |
| Scharb 10 | Lea County, NM | 2,832 BBLs | 2,262 MCF | May 2026 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| SV Bobwhite Federal | Lea County, NM | 386 BBLs | 0 MCF | May 2026 |
| Teal 12 State Com | Lea County, NM | 1,069 BBLs | 2,425 MCF | May 2026 |
| Tin Cup 36 State Com | Lea County, NM | 481 BBLs | 293 MCF | May 2026 |
| Tres Primos 3 State | Lea County, NM | 2,100 BBLs | 912 MCF | May 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,058 BBLs | 1,144 MCF | May 2026 |
These are the closest 20 companies operating near the Playa 2 State property.