SHOCKWAVE UNIT
SHOCKWAVE UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Cog Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 819,595 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 $31.0M, with roughly $11.6M 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 19,585 barrels a month, about 9,793 per wellbore. Its strongest month on the record we hold was September 2025, at 32,904 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 SHOCKWAVE UNIT
- Who operates SHOCKWAVE UNIT?
- SHOCKWAVE UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is SHOCKWAVE UNIT?
- SHOCKWAVE UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53646.
- Is SHOCKWAVE UNIT still producing?
- SHOCKWAVE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHOCKWAVE UNIT is August 2026.
- How much has SHOCKWAVE UNIT produced?
- SHOCKWAVE UNIT has reported 819,595 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 2 wellbores.
- How much is SHOCKWAVE UNIT worth?
- The remaining production from SHOCKWAVE UNIT is estimated to be worth about $31.0M in total as of 26 August 2026, within a range of $25.4M to $36.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHOCKWAVE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHOCKWAVE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHOCKWAVE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHOCKWAVE UNIT generate in a year?
- SHOCKWAVE UNIT is forecast to net about $11.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHOCKWAVE UNIT 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 | Loving County, Texas |
| RRC district | 08 |
| Lease number | 53646 |
| Wellbores | 2 |
| Reported production | 819,595 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31.0M |
Where SHOCKWAVE UNIT 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.