CAROE 8
CAROE 8 is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 8,170 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 $529K, with roughly $97K 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 109 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was September 2025, at 222 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CAROE 8
- Who operates CAROE 8?
- CAROE 8 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is CAROE 8?
- CAROE 8 is a Texas oil lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18018.
- Is CAROE 8 still producing?
- CAROE 8 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAROE 8 is August 2026.
- How much has CAROE 8 produced?
- CAROE 8 has reported 8,170 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 2 wellbores.
- How much is CAROE 8 worth?
- The remaining production from CAROE 8 is estimated to be worth about $529K in total as of 27 August 2026, within a range of $413K to $646K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAROE 8 is a fraction of it. The estimate fits an Arps decline curve to the production CAROE 8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAROE 8 is an estimate of value, not an offer and not an appraisal.
- How much income does CAROE 8 generate in a year?
- CAROE 8 is forecast to net about $97K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CAROE 8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 18018 |
| Wellbores | 2 |
| Reported production | 8,170 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $529K |
Where CAROE 8 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.