BARSTOW 33-34

BARSTOW 33-34 is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 1,275,132 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4.7M, with roughly $1.0M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,102 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 77,548 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about BARSTOW 33-34

Who operates BARSTOW 33-34?
BARSTOW 33-34 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
Where is BARSTOW 33-34?
BARSTOW 33-34 is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 292729.
Is BARSTOW 33-34 still producing?
BARSTOW 33-34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARSTOW 33-34 is August 2026.
How much has BARSTOW 33-34 produced?
BARSTOW 33-34 has reported 1,275,132 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2016 and August 2026, from 1 wellbore.
How much is BARSTOW 33-34 worth?
The remaining production from BARSTOW 33-34 is estimated to be worth about $4.7M in total as of 27 August 2026, within a range of $3.9M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARSTOW 33-34 is a fraction of it. The estimate fits an Arps decline curve to the production BARSTOW 33-34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARSTOW 33-34 is an estimate of value, not an offer and not an appraisal.
How much income does BARSTOW 33-34 generate in a year?
BARSTOW 33-34 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARSTOW 33-34 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BARSTOW 33-34 as filed with the Railroad Commission of Texas
OperatorCog Operating LLC
FieldPhantom (Wolfcamp)
CountyWard County, Texas
RRC district08
Lease number292729
Wellbores1
Reported production1,275,132 mcf
First reported
Last reported
Estimated royalty value$4.7M

Where BARSTOW 33-34 sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.