FRYING PAN STATE UNIT
FRYING PAN STATE UNIT is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 198,399 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 $1.2M, with roughly $351K 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 474 barrels a month. Its strongest month on the record we hold was June 2016, at 3,772 barrels. 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 FRYING PAN STATE UNIT
- Who operates FRYING PAN STATE UNIT?
- FRYING PAN STATE UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is FRYING PAN STATE UNIT?
- FRYING PAN STATE UNIT is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46648.
- Is FRYING PAN STATE UNIT still producing?
- FRYING PAN STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRYING PAN STATE UNIT is August 2026.
- How much has FRYING PAN STATE UNIT produced?
- FRYING PAN STATE UNIT has reported 198,399 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 1 wellbore.
- How much is FRYING PAN STATE UNIT worth?
- The remaining production from FRYING PAN STATE UNIT is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $971K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRYING PAN STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FRYING PAN STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRYING PAN STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FRYING PAN STATE UNIT generate in a year?
- FRYING PAN STATE UNIT is forecast to net about $351K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRYING PAN STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 46648 |
| Wellbores | 1 |
| Reported production | 198,399 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where FRYING PAN STATE 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.