COLBY, O. C.
COLBY, O. C. is a Texas oil lease in Brazoria County, Railroad Commission district 03, operated by Josey, Lenoir M., Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 253,449 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 $741K, with roughly $168K 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 249 barrels a month, about 83 per wellbore. Its strongest month on the record we hold was June 2016, at 512 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 COLBY, O. C.
- Who operates COLBY, O. C.?
- COLBY, O. C. is operated by Josey, Lenoir M., Inc., Railroad Commission of Texas operator number 447780.
- Where is COLBY, O. C.?
- COLBY, O. C. is a Texas oil lease in Brazoria County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 08426.
- Is COLBY, O. C. still producing?
- COLBY, O. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLBY, O. C. is August 2026.
- How much has COLBY, O. C. produced?
- COLBY, O. C. has reported 253,449 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is COLBY, O. C. worth?
- The remaining production from COLBY, O. C. is estimated to be worth about $741K in total as of 27 August 2026, within a range of $578K to $905K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLBY, O. C. is a fraction of it. The estimate fits an Arps decline curve to the production COLBY, O. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLBY, O. C. is an estimate of value, not an offer and not an appraisal.
- How much income does COLBY, O. C. generate in a year?
- COLBY, O. C. is forecast to net about $168K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COLBY, O. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Josey, Lenoir M., Inc. |
|---|---|
| Field | Manvel (4970) |
| County | Brazoria County, Texas |
| RRC district | 03 |
| Lease number | 08426 |
| Wellbores | 3 |
| Reported production | 253,449 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $741K |
Where COLBY, O. C. 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.