COBLE UNIT 1
COBLE UNIT 1 is a Texas gas lease in Hutchinson County, Railroad Commission district 10, operated by Jones Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2017 to August 2026, totalling 1,347,657 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 $3.4M, with roughly $949K 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 6,635 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 35,482 thousand cubic feet. 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 COBLE UNIT 1
- Who operates COBLE UNIT 1?
- COBLE UNIT 1 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is COBLE UNIT 1?
- COBLE UNIT 1 is a Texas gas lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 283101.
- Is COBLE UNIT 1 still producing?
- COBLE UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COBLE UNIT 1 is August 2026.
- How much has COBLE UNIT 1 produced?
- COBLE UNIT 1 has reported 1,347,657 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is COBLE UNIT 1 worth?
- The remaining production from COBLE UNIT 1 is estimated to be worth about $3.4M in total as of 27 August 2026, within a range of $2.9M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COBLE UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production COBLE UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COBLE UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does COBLE UNIT 1 generate in a year?
- COBLE UNIT 1 is forecast to net about $949K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COBLE UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 283101 |
| Wellbores | 1 |
| Reported production | 1,347,657 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where COBLE UNIT 1 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.