DREADNAUGHT D

DREADNAUGHT D is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2023 to August 2026, totalling 243,792 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 $6.0M, with roughly $1.9M 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 3,575 barrels a month. Its strongest month on the record we hold was August 2023, at 18,977 barrels. 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 DREADNAUGHT D

Who operates DREADNAUGHT D?
DREADNAUGHT D is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
Where is DREADNAUGHT D?
DREADNAUGHT D is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59928.
Is DREADNAUGHT D still producing?
DREADNAUGHT D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DREADNAUGHT D is August 2026.
How much has DREADNAUGHT D produced?
DREADNAUGHT D has reported 243,792 barrels of oil (bbl) to the Railroad Commission of Texas between May 2023 and August 2026, from 1 wellbore.
How much is DREADNAUGHT D worth?
The remaining production from DREADNAUGHT D is estimated to be worth about $6.0M in total as of 26 August 2026, within a range of $4.9M to $7.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DREADNAUGHT D is a fraction of it. The estimate fits an Arps decline curve to the production DREADNAUGHT D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DREADNAUGHT D is an estimate of value, not an offer and not an appraisal.
How much income does DREADNAUGHT D generate in a year?
DREADNAUGHT D is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DREADNAUGHT D receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DREADNAUGHT D as filed with the Railroad Commission of Texas
OperatorCog Operating LLC
FieldSandbar (Bone Spring)
CountyLoving County, Texas
RRC district08
Lease number59928
Wellbores1
Reported production243,792 bbl
First reported
Last reported
Estimated royalty value$6.0M

Where DREADNAUGHT D 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.