POWDER KEG B
POWDER KEG B is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2025 to August 2026, totalling 291,309 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 $7.7M, with roughly $6.1M 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 23,223 barrels a month. Its strongest month on the record we hold was July 2025, at 35,969 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 POWDER KEG B
- Who operates POWDER KEG B?
- POWDER KEG B is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is POWDER KEG B?
- POWDER KEG B is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63736.
- Is POWDER KEG B still producing?
- POWDER KEG B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWDER KEG B is August 2026.
- How much has POWDER KEG B produced?
- POWDER KEG B has reported 291,309 barrels of oil (bbl) to the Railroad Commission of Texas between May 2025 and August 2026, from 1 wellbore.
- How much is POWDER KEG B worth?
- The remaining production from POWDER KEG B is estimated to be worth about $7.7M in total as of 27 August 2026, within a range of $6.3M to $9.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWDER KEG B is a fraction of it. The estimate fits an Arps decline curve to the production POWDER KEG B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWDER KEG B is an estimate of value, not an offer and not an appraisal.
- How much income does POWDER KEG B generate in a year?
- POWDER KEG B is forecast to net about $6.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POWDER KEG B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 63736 |
| Wellbores | 1 |
| Reported production | 291,309 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.7M |
Where POWDER KEG B 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.