COLONY
COLONY is a Texas gas lease in Fort Bend County, Railroad Commission district 03, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1997 to August 2026, totalling 16,865,830 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2K, with roughly $531 expected over the next twelve months.
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Cooley (Meek Sand) |
| County | Fort Bend County, Texas |
| RRC district | 03 |
| Lease number | 166126 |
| Wellbores | 1 |
| Reported production | 16,865,830 mcf |
| First reported | October 1997 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.