RISING SUN UNIT

RISING SUN UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Cog Operating LLC. It has 6 wellbores on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 2,774,327 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 $46.5M, with roughly $10.0M 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 13,596 barrels a month, about 2,266 per wellbore. Its strongest month on the record we hold was May 2020, at 130,608 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 RISING SUN UNIT

Who operates RISING SUN UNIT?
RISING SUN UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
Where is RISING SUN UNIT?
RISING SUN UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51543.
Is RISING SUN UNIT still producing?
RISING SUN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RISING SUN UNIT is August 2026.
How much has RISING SUN UNIT produced?
RISING SUN UNIT has reported 2,774,327 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 6 wellbores.
How much is RISING SUN UNIT worth?
The remaining production from RISING SUN UNIT is estimated to be worth about $46.5M in total as of 26 August 2026, within a range of $38.1M to $54.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RISING SUN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RISING SUN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RISING SUN UNIT is an estimate of value, not an offer and not an appraisal.
How much income does RISING SUN UNIT generate in a year?
RISING SUN UNIT is forecast to net about $10.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RISING SUN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

RISING SUN UNIT as filed with the Railroad Commission of Texas
OperatorCog Operating LLC
FieldHoefs T-K (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number51543
Wellbores6
Reported production2,774,327 bbl
First reported
Last reported
Estimated royalty value$46.5M

Where RISING SUN 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.