In order to improve the comprehensive performance of TC11 titanium alloy and make it more widely used in the field of oil and gas wells, cobalt oxide micro‐powder from 0 to 0.8 g·L−1 was added in the electrolyte. The effects of cobalt oxide micro‐powder concentration on properties of micro‐arc oxidation (MAO) coatings were analyzed by scanning electron microscopy, X‐ray diffraction, X‐ray photoelectron spectroscopy, and electrochemical workstation. With cobalt oxide micro‐powder increased, the oxide voltage increased, and the discharge coating micropores became more uniform. The increase in thickness and hardness also improved corrosion resistance. The comprehensive performance after added 0.6 g·L−1 of cobalt oxide was the best, with a doubling increase in thickness and hardness, reaching 32.1 µm and 721.2 HV, respectively. The corrosion rate reduced to 4.19 × 10−10 mm·a−1, which reduced by three orders of magnitude. In addition, the substrates and samples prepared with 0.6 g·L−1 cobalt oxidation were used for the erosion corrosion tests in different NaCl solutions, and it was found that the weight loss and rate of the MAO sample (slight corrosion) were lower than substrates, indicating that the cobalt oxide doped coatings had better corrosion resistance.