TXL T1
TXL T1 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 October 2017 to August 2026, totalling 449,095 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 $5.9M, with roughly $1.2M 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 1,233 barrels a month. Its strongest month on the record we hold was January 2018, at 29,806 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 TXL T1
- Who operates TXL T1?
- TXL T1 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is TXL T1?
- TXL T1 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19675.
- Is TXL T1 still producing?
- TXL T1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL T1 is August 2026.
- How much has TXL T1 produced?
- TXL T1 has reported 449,095 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 1 wellbore.
- How much is TXL T1 worth?
- The remaining production from TXL T1 is estimated to be worth about $5.9M in total as of 26 August 2026, within a range of $4.9M to $6.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL T1 is a fraction of it. The estimate fits an Arps decline curve to the production TXL T1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL T1 is an estimate of value, not an offer and not an appraisal.
- How much income does TXL T1 generate in a year?
- TXL T1 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL T1 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 | 19675 |
| Wellbores | 1 |
| Reported production | 449,095 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.9M |
Where TXL T1 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.