COTTER
COTTER is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Bright & Co. It has 1 wellbore on file with the Commission. Reported production runs from December 2001 to August 2026, totalling 35,293 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 $319K, with roughly $61K 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 87 barrels a month. Its strongest month on the record we hold was January 2024, at 205 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 COTTER
- Who operates COTTER?
- COTTER is operated by Bright & Co., Railroad Commission of Texas operator number 093125.
- Where is COTTER?
- COTTER is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68395.
- Is COTTER still producing?
- COTTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COTTER is August 2026.
- How much has COTTER produced?
- COTTER has reported 35,293 barrels of oil (bbl) to the Railroad Commission of Texas between December 2001 and August 2026, from 1 wellbore.
- How much is COTTER worth?
- The remaining production from COTTER is estimated to be worth about $319K in total as of 26 August 2026, within a range of $175K to $462K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COTTER is a fraction of it. The estimate fits an Arps decline curve to the production COTTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COTTER is an estimate of value, not an offer and not an appraisal.
- How much income does COTTER generate in a year?
- COTTER is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COTTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bright & Co. |
|---|---|
| Field | Storie (Strawn) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 68395 |
| Wellbores | 1 |
| Reported production | 35,293 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $319K |
Where COTTER 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.