DEETS
DEETS 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 November 2012 to August 2026, totalling 2,471,498 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 $45K, with roughly $15K 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 4,227 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 23,528 thousand cubic feet. 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 DEETS
- Who operates DEETS?
- DEETS is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is DEETS?
- DEETS is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 278652.
- Is DEETS still producing?
- DEETS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEETS is August 2026.
- How much has DEETS produced?
- DEETS has reported 2,471,498 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2012 and August 2026, from 1 wellbore.
- How much is DEETS worth?
- The remaining production from DEETS is estimated to be worth about $45K in total as of 26 August 2026, within a range of $38K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEETS is a fraction of it. The estimate fits an Arps decline curve to the production DEETS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEETS is an estimate of value, not an offer and not an appraisal.
- How much income does DEETS generate in a year?
- DEETS is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DEETS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 278652 |
| Wellbores | 1 |
| Reported production | 2,471,498 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $45K |
Where DEETS 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.