COOK UNIT
COOK UNIT is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Sheridan Production Company, LLC. It has 8 wellbores on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 415,619 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 $819K, with roughly $438K 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 826 barrels a month, about 103 per wellbore. Its strongest month on the record we hold was May 2016, at 3,749 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 COOK UNIT
- Who operates COOK UNIT?
- COOK UNIT is operated by Sheridan Production Company, LLC, Railroad Commission of Texas operator number 775854.
- Where is COOK UNIT?
- COOK UNIT is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70093.
- Is COOK UNIT still producing?
- COOK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COOK UNIT is August 2026.
- How much has COOK UNIT produced?
- COOK UNIT has reported 415,619 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 8 wellbores.
- How much is COOK UNIT worth?
- The remaining production from COOK UNIT is estimated to be worth about $819K in total as of 26 August 2026, within a range of $639K to $999K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COOK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COOK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COOK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COOK UNIT generate in a year?
- COOK UNIT is forecast to net about $438K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COOK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sheridan Production Company, LLC |
|---|---|
| Field | Tex-Mex, Se. (Wichita Albany) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 70093 |
| Wellbores | 8 |
| Reported production | 415,619 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $819K |
Where COOK 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.