TRAIL BOSS
TRAIL BOSS 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 March 2015 to August 2026, totalling 3,097,606 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 $1.2M, with roughly $289K 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 8,448 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 48,080 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 TRAIL BOSS
- Who operates TRAIL BOSS?
- TRAIL BOSS is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is TRAIL BOSS?
- TRAIL BOSS is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 278209.
- Is TRAIL BOSS still producing?
- TRAIL BOSS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRAIL BOSS is August 2026.
- How much has TRAIL BOSS produced?
- TRAIL BOSS has reported 3,097,606 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
- How much is TRAIL BOSS worth?
- The remaining production from TRAIL BOSS is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $955K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRAIL BOSS is a fraction of it. The estimate fits an Arps decline curve to the production TRAIL BOSS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRAIL BOSS is an estimate of value, not an offer and not an appraisal.
- How much income does TRAIL BOSS generate in a year?
- TRAIL BOSS is forecast to net about $289K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TRAIL BOSS 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 | 278209 |
| Wellbores | 1 |
| Reported production | 3,097,606 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where TRAIL BOSS 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.