LAURA
LAURA is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 5 wellbores on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 300,436 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 $507K, with roughly $93K 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 118 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was October 2016, at 1,747 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 LAURA
- Who operates LAURA?
- LAURA is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is LAURA?
- LAURA is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16775.
- Is LAURA still producing?
- LAURA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAURA is August 2026.
- How much has LAURA produced?
- LAURA has reported 300,436 barrels of oil (bbl) to the Railroad Commission of Texas between October 2008 and August 2026, from 5 wellbores.
- How much is LAURA worth?
- The remaining production from LAURA is estimated to be worth about $507K in total as of 26 August 2026, within a range of $395K to $618K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAURA is a fraction of it. The estimate fits an Arps decline curve to the production LAURA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAURA is an estimate of value, not an offer and not an appraisal.
- How much income does LAURA generate in a year?
- LAURA is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAURA 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 | Upton County, Texas |
| RRC district | 7C |
| Lease number | 16775 |
| Wellbores | 5 |
| Reported production | 300,436 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $507K |
Where LAURA 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.