COCODRILO
COCODRILO is a Texas oil lease in Brazos County, Railroad Commission district 05, operated by Halcon Operating Co., Inc. It has 4 wellbores on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 777,032 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 $8.5M, with roughly $2.1M 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 2,955 barrels a month, about 739 per wellbore. Its strongest month on the record we hold was November 2018, at 34,765 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 COCODRILO
- Who operates COCODRILO?
- COCODRILO is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
- Where is COCODRILO?
- COCODRILO is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04200.
- Is COCODRILO still producing?
- COCODRILO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COCODRILO is August 2026.
- How much has COCODRILO produced?
- COCODRILO has reported 777,032 barrels of oil (bbl) to the Railroad Commission of Texas between April 2015 and August 2026, from 4 wellbores.
- How much is COCODRILO worth?
- The remaining production from COCODRILO is estimated to be worth about $8.5M in total as of 26 August 2026, within a range of $7.0M to $9.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COCODRILO is a fraction of it. The estimate fits an Arps decline curve to the production COCODRILO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COCODRILO is an estimate of value, not an offer and not an appraisal.
- How much income does COCODRILO generate in a year?
- COCODRILO is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COCODRILO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halcon Operating Co., Inc. |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Brazos County, Texas |
| RRC district | 05 |
| Lease number | 04200 |
| Wellbores | 4 |
| Reported production | 777,032 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.5M |
Where COCODRILO 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.