COATES, MAGGIE BELLE
COATES, MAGGIE BELLE is a Texas gas lease in Navarro County, Railroad Commission district 05, operated by Lehnertz, G. M. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 198,049 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 the whole lease — a 100% undivided interest — at about $33K, with roughly $7K 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 318 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 873 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 COATES, MAGGIE BELLE
- Who operates COATES, MAGGIE BELLE?
- COATES, MAGGIE BELLE is operated by Lehnertz, G. M., Railroad Commission of Texas operator number 495690.
- Where is COATES, MAGGIE BELLE?
- COATES, MAGGIE BELLE is a Texas gas lease in Navarro County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 121092.
- Is COATES, MAGGIE BELLE still producing?
- COATES, MAGGIE BELLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COATES, MAGGIE BELLE is August 2026.
- How much has COATES, MAGGIE BELLE produced?
- COATES, MAGGIE BELLE has reported 198,049 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is COATES, MAGGIE BELLE worth?
- The remaining production from COATES, MAGGIE BELLE is estimated to be worth about $33K in total as of 27 August 2026, within a range of $26K to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COATES, MAGGIE BELLE is a fraction of it. The estimate fits an Arps decline curve to the production COATES, MAGGIE BELLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COATES, MAGGIE BELLE is an estimate of value, not an offer and not an appraisal.
- How much income does COATES, MAGGIE BELLE generate in a year?
- COATES, MAGGIE BELLE is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COATES, MAGGIE BELLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lehnertz, G. M. |
|---|---|
| Field | Alligator Creek (Sub-Clrksvl.) |
| County | Navarro County, Texas |
| RRC district | 05 |
| Lease number | 121092 |
| Wellbores | 1 |
| Reported production | 198,049 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where COATES, MAGGIE BELLE 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.