COCHISE
COCHISE is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Discovery Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2002 to August 2026, totalling 25,429 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 $509K, with roughly $70K 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 18 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was February 2023, at 76 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 COCHISE
- Who operates COCHISE?
- COCHISE is operated by Discovery Operating, Inc., Railroad Commission of Texas operator number 220865.
- Where is COCHISE?
- COCHISE is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36839.
- Is COCHISE still producing?
- COCHISE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COCHISE is August 2026.
- How much has COCHISE produced?
- COCHISE has reported 25,429 barrels of oil (bbl) to the Railroad Commission of Texas between March 2002 and August 2026, from 2 wellbores.
- How much is COCHISE worth?
- The remaining production from COCHISE is estimated to be worth about $509K in total as of 27 August 2026, within a range of $280K to $739K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COCHISE is a fraction of it. The estimate fits an Arps decline curve to the production COCHISE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COCHISE is an estimate of value, not an offer and not an appraisal.
- How much income does COCHISE generate in a year?
- COCHISE is forecast to net about $70K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COCHISE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Operating, Inc. |
|---|---|
| Field | Kermit (Ellenburger) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 36839 |
| Wellbores | 2 |
| Reported production | 25,429 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $509K |
Where COCHISE 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.