COZART
COZART is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Best Petroleum Explorations,Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 19,106 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 $57K, with roughly $11K 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 315 thousand cubic feet a month. Its strongest month on the record we hold was July 2024, at 574 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 COZART
- Who operates COZART?
- COZART is operated by Best Petroleum Explorations,Inc., Railroad Commission of Texas operator number 068287.
- Where is COZART?
- COZART is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 288643.
- Is COZART still producing?
- COZART is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COZART is August 2026.
- How much has COZART produced?
- COZART has reported 19,106 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is COZART worth?
- The remaining production from COZART is estimated to be worth about $57K in total as of 27 August 2026, within a range of $45K to $70K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COZART is a fraction of it. The estimate fits an Arps decline curve to the production COZART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COZART is an estimate of value, not an offer and not an appraisal.
- How much income does COZART generate in a year?
- COZART is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COZART receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Best Petroleum Explorations,Inc. |
|---|---|
| Field | KRS (Marble Falls) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 288643 |
| Wellbores | 1 |
| Reported production | 19,106 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $57K |
Where COZART 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.