WINDHAM "A"

WINDHAM "A" is a Texas gas lease in Midland County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2024 to August 2026, totalling 363,058 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 $1.8M, with roughly $336K 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 11,760 thousand cubic feet a month. Its strongest month on the record we hold was March 2024, at 19,398 thousand cubic feet. 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 WINDHAM "A"

Who operates WINDHAM "A"?
WINDHAM "A" is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
Where is WINDHAM "A"?
WINDHAM "A" is a Texas gas lease in Midland County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 296785.
Is WINDHAM "A" still producing?
WINDHAM "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WINDHAM "A" is August 2026.
How much has WINDHAM "A" produced?
WINDHAM "A" has reported 363,058 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2024 and August 2026, from 1 wellbore.
How much is WINDHAM "A" worth?
The remaining production from WINDHAM "A" is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WINDHAM "A" is a fraction of it. The estimate fits an Arps decline curve to the production WINDHAM "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WINDHAM "A" is an estimate of value, not an offer and not an appraisal.
How much income does WINDHAM "A" generate in a year?
WINDHAM "A" is forecast to net about $336K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WINDHAM "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WINDHAM "A" as filed with the Railroad Commission of Texas
OperatorCog Operating LLC
FieldPegasus (Consolidated)
CountyMidland County, Texas
RRC district7C
Lease number296785
Wellbores1
Reported production363,058 mcf
First reported
Last reported
Estimated royalty value$1.8M

Where WINDHAM "A" 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.