TIMBERWOLF STATE UNIT
TIMBERWOLF STATE UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Cog Operating LLC. It has 4 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 1,032,425 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 $9.0M, with roughly $2.3M 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 3,515 barrels a month, about 879 per wellbore. Its strongest month on the record we hold was April 2018, at 61,056 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 TIMBERWOLF STATE UNIT
- Who operates TIMBERWOLF STATE UNIT?
- TIMBERWOLF STATE UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is TIMBERWOLF STATE UNIT?
- TIMBERWOLF STATE UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49147.
- Is TIMBERWOLF STATE UNIT still producing?
- TIMBERWOLF STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIMBERWOLF STATE UNIT is August 2026.
- How much has TIMBERWOLF STATE UNIT produced?
- TIMBERWOLF STATE UNIT has reported 1,032,425 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 4 wellbores.
- How much is TIMBERWOLF STATE UNIT worth?
- The remaining production from TIMBERWOLF STATE UNIT is estimated to be worth about $9.0M in total as of 26 August 2026, within a range of $7.4M to $10.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIMBERWOLF STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TIMBERWOLF 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 TIMBERWOLF STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TIMBERWOLF STATE UNIT generate in a year?
- TIMBERWOLF STATE UNIT is forecast to net about $2.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIMBERWOLF STATE UNIT 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 | 49147 |
| Wellbores | 4 |
| Reported production | 1,032,425 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.0M |
Where TIMBERWOLF 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.