POWDER KEG E
POWDER KEG E 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 March 2025 to August 2026, totalling 182,392 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 $4.4M, with roughly $3.3M 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 11,771 barrels a month. Its strongest month on the record we hold was April 2025, at 24,546 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 E
- Who operates POWDER KEG E?
- POWDER KEG E is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is POWDER KEG E?
- POWDER KEG E is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63929.
- Is POWDER KEG E still producing?
- POWDER KEG E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWDER KEG E is August 2026.
- How much has POWDER KEG E produced?
- POWDER KEG E has reported 182,392 barrels of oil (bbl) to the Railroad Commission of Texas between March 2025 and August 2026, from 1 wellbore.
- How much is POWDER KEG E worth?
- The remaining production from POWDER KEG E is estimated to be worth about $4.4M in total as of 27 August 2026, within a range of $3.6M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWDER KEG E is a fraction of it. The estimate fits an Arps decline curve to the production POWDER KEG E 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 E is an estimate of value, not an offer and not an appraisal.
- How much income does POWDER KEG E generate in a year?
- POWDER KEG E is forecast to net about $3.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POWDER KEG E 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 | 63929 |
| Wellbores | 1 |
| Reported production | 182,392 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where POWDER KEG E 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.