COCANOUGHER UNIT
COCANOUGHER UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 1,688,334 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 $601K, with roughly $92K 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 3,574 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 7,125 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 COCANOUGHER UNIT
- Who operates COCANOUGHER UNIT?
- COCANOUGHER UNIT is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is COCANOUGHER UNIT?
- COCANOUGHER UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 240387.
- Is COCANOUGHER UNIT still producing?
- COCANOUGHER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COCANOUGHER UNIT is August 2026.
- How much has COCANOUGHER UNIT produced?
- COCANOUGHER UNIT has reported 1,688,334 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is COCANOUGHER UNIT worth?
- The remaining production from COCANOUGHER UNIT is estimated to be worth about $601K in total as of 26 August 2026, within a range of $499K to $704K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COCANOUGHER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COCANOUGHER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COCANOUGHER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COCANOUGHER UNIT generate in a year?
- COCANOUGHER UNIT is forecast to net about $92K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COCANOUGHER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 240387 |
| Wellbores | 1 |
| Reported production | 1,688,334 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $601K |
Where COCANOUGHER UNIT 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.