Cobra State 2

Oil & Gas Property in Reeves County, TX

Map of Wells Full Screen Map

Property Summary

Key data points for Cobra State 2

CountyReeves County, TX
OperatorVTX ENERGY OPERATING, LLC
Production DatesNov 2017 - Jun 2026
Total Oil Production179,523 BBLs
Total Gas Production434,338 MCF
Recent Oil Production517 BBLs in May 2026
Recent Gas Production3,504 MCF in May 2026
Wells on Property1

Our Valuation Estimates for Cobra State 2

ShaleAssessment

$39,105 *

MarketMultiple

$85,046 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Cobra State 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Cobra State 2
from Nov 2017 to Jun 2026

Wells on Cobra State 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-36259COBRA STATE 2 1HVTX Energy Operating, LLCProducingReeves County, TX31.187339-103.288740

Leases included in Cobra State 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49735COBRA STATE 2VTX Energy Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Cobra State 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aardvark State 6Reeves County, TX995 BBLs3,884 MCFJun 2026
African LionReeves County, TX12,495 BBLs29,119 MCFJun 2026
Baboon 5Reeves County, TX2,721 BBLs2,629 MCFJun 2026
Black Bear StateReeves County, TX28,788 BBLs40,581 MCFMay 2026
Bongo 13Reeves County, TX88 BBLs21 MCFJun 2026
Honey Badger 26Reeves County, TX453 BBLs390 MCFJun 2026
Lemur 24Reeves County, TX585 BBLs608 MCFMay 2026
Lemur Unit 24Reeves County, TX1,162 BBLs1,197 MCFJun 2026
Panther 23Reeves County, TX215 BBLs211 MCFJun 2026
Reedbuck 25Reeves County, TX2 BBLs197 MCFJun 2026
Reedbuck State Unit 25Reeves County, TX11,231 BBLs41,656 MCFJun 2026
ReevesReeves County, TX13,227 BBLs112,616 MCFJun 2026
Reeves TXL FeeReeves County, TX30 BBLs46,782 MCFJun 2026
Rev GF Pierre Breber StateReeves County, TX11,452 BBLs35,500 MCFJun 2026
Rev GF State T7-50Reeves County, TX63,580 BBLs275,566 MCFJun 2026
SouthernReeves County, TX0 BBLs86 MCFJun 2026
State Lyssa 49-18-7Reeves County, TX13,485 BBLs23,930 MCFMay 2026
Trinity StateReeves County, TX925 BBLs3,685 MCFJun 2026
VJ RanchReeves County, TX555 BBLs480 MCFJun 2026
Yeary 3Reeves County, TX304 BBLs0 MCFJun 2026

Frac'ing activity on Cobra State 2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-36259COBRA STATE 2 1H

Owners of Cobra State 2

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026EXEMPT-STATE OF TEXASCOBRA STATE 2VTX ENERGY OPE
2026VTX ENERGY OPERATING LLCCOBRA STATE 2VTX ENERGY OPE
2026CHEVRON MIDCONTINENT LPCOBRA STATE 2VTX ENERGY OPE
2026MANDUJANO ALVARO JRCOBRA STATE 2VTX ENERGY OPE
2026MANDUJANO ARMANDOCOBRA STATE 2VTX ENERGY OPE
2026MANDUJANO HUMBERTOCOBRA STATE 2VTX ENERGY OPE
2026MANDUJANO JOSE ANTONIOCOBRA STATE 2VTX ENERGY OPE

Oil & Gas Sales on Cobra State 2

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49735COBRA STATE 2Jun 2026SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Jun 2026VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2May 2026SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2May 2026VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Apr 2026SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Apr 2026VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Mar 2026SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Mar 2026VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Feb 2026SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Feb 2026VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Jan 2026SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Jan 2026VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Dec 2025SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Dec 2025VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Nov 2025SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Nov 2025VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Oct 2025SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Oct 2025VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Sep 2025SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Sep 2025VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Aug 2025SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Aug 2025VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Jul 2025SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Jul 2025VTX ENERGY OPERATING, LLC
08-49735COBRA STATE 2Jun 2025SOUTHWEST ENERGY, L.P.VTX ENERGY OPERATING, LLC