GIPPER STATE WEST
GIPPER STATE WEST is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Cog Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 816,805 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 $3.1M, with roughly $787K 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 1,107 barrels a month, about 554 per wellbore. Its strongest month on the record we hold was December 2016, at 9,381 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 GIPPER STATE WEST
- Who operates GIPPER STATE WEST?
- GIPPER STATE WEST is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is GIPPER STATE WEST?
- GIPPER STATE WEST is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43845.
- Is GIPPER STATE WEST still producing?
- GIPPER STATE WEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIPPER STATE WEST is August 2026.
- How much has GIPPER STATE WEST produced?
- GIPPER STATE WEST has reported 816,805 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 2 wellbores.
- How much is GIPPER STATE WEST worth?
- The remaining production from GIPPER STATE WEST is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIPPER STATE WEST is a fraction of it. The estimate fits an Arps decline curve to the production GIPPER STATE WEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIPPER STATE WEST is an estimate of value, not an offer and not an appraisal.
- How much income does GIPPER STATE WEST generate in a year?
- GIPPER STATE WEST is forecast to net about $787K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GIPPER STATE WEST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 43845 |
| Wellbores | 2 |
| Reported production | 816,805 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where GIPPER STATE WEST 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.