DOBIE
DOBIE is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Choice Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 267,422 thousand cubic feet. The lease is intermittent. 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 $675K, with roughly $219K 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 382 thousand cubic feet a month. Its strongest month on the record we hold was April 2026, at 2,675 thousand cubic feet. 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 DOBIE
- Who operates DOBIE?
- DOBIE is operated by Choice Exploration, Inc., Railroad Commission of Texas operator number 150655.
- Where is DOBIE?
- DOBIE is a Texas gas lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 236792.
- Is DOBIE still producing?
- DOBIE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DOBIE is August 2026.
- How much has DOBIE produced?
- DOBIE has reported 267,422 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is DOBIE worth?
- The remaining production from DOBIE is estimated to be worth about $675K in total as of 26 August 2026, within a range of $526K to $823K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOBIE is a fraction of it. The estimate fits an Arps decline curve to the production DOBIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOBIE is an estimate of value, not an offer and not an appraisal.
- How much income does DOBIE generate in a year?
- DOBIE is forecast to net about $219K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOBIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Choice Exploration, Inc. |
|---|---|
| Field | Jackson Ranch (Yegua 5300) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 236792 |
| Wellbores | 1 |
| Reported production | 267,422 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $675K |
Where DOBIE 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.