HASEL28 P2 UNIT

HASEL28 P2 UNIT is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2017 to August 2026, totalling 255,685 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 $922K, with roughly $392K 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 653 barrels a month. Its strongest month on the record we hold was May 2017, at 11,679 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 HASEL28 P2 UNIT

Who operates HASEL28 P2 UNIT?
HASEL28 P2 UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
Where is HASEL28 P2 UNIT?
HASEL28 P2 UNIT is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19679.
Is HASEL28 P2 UNIT still producing?
HASEL28 P2 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HASEL28 P2 UNIT is August 2026.
How much has HASEL28 P2 UNIT produced?
HASEL28 P2 UNIT has reported 255,685 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026, from 1 wellbore.
How much is HASEL28 P2 UNIT worth?
The remaining production from HASEL28 P2 UNIT is estimated to be worth about $922K in total as of 26 August 2026, within a range of $719K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HASEL28 P2 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HASEL28 P2 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HASEL28 P2 UNIT is an estimate of value, not an offer and not an appraisal.
How much income does HASEL28 P2 UNIT generate in a year?
HASEL28 P2 UNIT is forecast to net about $392K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HASEL28 P2 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HASEL28 P2 UNIT as filed with the Railroad Commission of Texas
OperatorCog Operating LLC
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number19679
Wellbores1
Reported production255,685 bbl
First reported
Last reported
Estimated royalty value$922K

Where HASEL28 P2 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.