ARMSTRONG STATE
ARMSTRONG STATE is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 3,065,534 thousand cubic feet. 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 $3.8M, with roughly $724K 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 14,086 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 126,134 thousand cubic feet. 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 ARMSTRONG STATE
- Who operates ARMSTRONG STATE?
- ARMSTRONG STATE is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is ARMSTRONG STATE?
- ARMSTRONG STATE is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 281705.
- Is ARMSTRONG STATE still producing?
- ARMSTRONG STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARMSTRONG STATE is August 2026.
- How much has ARMSTRONG STATE produced?
- ARMSTRONG STATE has reported 3,065,534 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2016 and August 2026, from 1 wellbore.
- How much is ARMSTRONG STATE worth?
- The remaining production from ARMSTRONG STATE is estimated to be worth about $3.8M in total as of 26 August 2026, within a range of $3.1M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARMSTRONG STATE is a fraction of it. The estimate fits an Arps decline curve to the production ARMSTRONG STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARMSTRONG STATE is an estimate of value, not an offer and not an appraisal.
- How much income does ARMSTRONG STATE generate in a year?
- ARMSTRONG STATE is forecast to net about $724K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ARMSTRONG STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 281705 |
| Wellbores | 1 |
| Reported production | 3,065,534 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where ARMSTRONG STATE 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.