ICEMAN UNIT
ICEMAN UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Cog Operating LLC. It has 7 wellbores on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 3,721,820 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 $58.9M, with roughly $12.9M 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 15,014 barrels a month, about 2,145 per wellbore. Its strongest month on the record we hold was September 2018, at 148,622 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 ICEMAN UNIT
- Who operates ICEMAN UNIT?
- ICEMAN UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is ICEMAN UNIT?
- ICEMAN UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49307.
- Is ICEMAN UNIT still producing?
- ICEMAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ICEMAN UNIT is August 2026.
- How much has ICEMAN UNIT produced?
- ICEMAN UNIT has reported 3,721,820 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 7 wellbores.
- How much is ICEMAN UNIT worth?
- The remaining production from ICEMAN UNIT is estimated to be worth about $58.9M in total as of 26 August 2026, within a range of $48.3M to $69.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ICEMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ICEMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ICEMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ICEMAN UNIT generate in a year?
- ICEMAN UNIT is forecast to net about $12.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ICEMAN 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 | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49307 |
| Wellbores | 7 |
| Reported production | 3,721,820 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $58.9M |
Where ICEMAN 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.