BABSTON HEIRS
BABSTON HEIRS is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Novo Exploration Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,601 barrels. 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 $4K, with roughly $821 expected over the next twelve months.
| Operator | Novo Exploration Corporation |
|---|---|
| Field | Jim Ned |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 21311 |
| Wellbores | 1 |
| Reported production | 35,601 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.