ANGLER UNIT
ANGLER UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Cog Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 1,182,071 barrels. 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 $10.1M, with roughly $2.2M 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 3,193 barrels a month, about 1,596 per wellbore. Its strongest month on the record we hold was May 2016, at 24,267 barrels. 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 ANGLER UNIT
- Who operates ANGLER UNIT?
- ANGLER UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is ANGLER UNIT?
- ANGLER UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46854.
- Is ANGLER UNIT still producing?
- ANGLER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ANGLER UNIT is August 2026.
- How much has ANGLER UNIT produced?
- ANGLER UNIT has reported 1,182,071 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 2 wellbores.
- How much is ANGLER UNIT worth?
- The remaining production from ANGLER UNIT is estimated to be worth about $10.1M in total as of 27 August 2026, within a range of $8.4M to $11.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ANGLER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ANGLER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ANGLER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ANGLER UNIT generate in a year?
- ANGLER UNIT is forecast to net about $2.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ANGLER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 46854 |
| Wellbores | 2 |
| Reported production | 1,182,071 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.1M |
Where ANGLER 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.