POWDERHORN UNIT
POWDERHORN UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Cog Operating LLC. It has 3 wellbores on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 920,776 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 $22.4M, with roughly $6.5M 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 10,264 barrels a month, about 3,421 per wellbore. Its strongest month on the record we hold was October 2022, at 58,640 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 POWDERHORN UNIT
- Who operates POWDERHORN UNIT?
- POWDERHORN UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is POWDERHORN UNIT?
- POWDERHORN UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58254.
- Is POWDERHORN UNIT still producing?
- POWDERHORN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWDERHORN UNIT is August 2026.
- How much has POWDERHORN UNIT produced?
- POWDERHORN UNIT has reported 920,776 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 3 wellbores.
- How much is POWDERHORN UNIT worth?
- The remaining production from POWDERHORN UNIT is estimated to be worth about $22.4M in total as of 27 August 2026, within a range of $18.4M to $26.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWDERHORN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production POWDERHORN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWDERHORN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does POWDERHORN UNIT generate in a year?
- POWDERHORN UNIT is forecast to net about $6.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POWDERHORN 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 | 58254 |
| Wellbores | 3 |
| Reported production | 920,776 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $22.4M |
Where POWDERHORN 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.