COLE "B"
COLE "B" is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 33,439 barrels. 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 $516K, with roughly $98K 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 144 barrels a month. Its strongest month on the record we hold was May 2024, at 289 barrels. 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 COLE "B"
- Who operates COLE "B"?
- COLE "B" is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is COLE "B"?
- COLE "B" is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39130.
- Is COLE "B" still producing?
- COLE "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLE "B" is August 2026.
- How much has COLE "B" produced?
- COLE "B" has reported 33,439 barrels of oil (bbl) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is COLE "B" worth?
- The remaining production from COLE "B" is estimated to be worth about $516K in total as of 26 August 2026, within a range of $403K to $630K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLE "B" is a fraction of it. The estimate fits an Arps decline curve to the production COLE "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLE "B" is an estimate of value, not an offer and not an appraisal.
- How much income does COLE "B" generate in a year?
- COLE "B" is forecast to net about $98K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLE "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 39130 |
| Wellbores | 1 |
| Reported production | 33,439 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $516K |
Where COLE "B" 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.