COLE-LUKENS
COLE-LUKENS is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 1,287,886 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 $484K, with roughly $83K 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 3,689 thousand cubic feet a month. Its strongest month on the record we hold was September 2020, at 8,249 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 COLE-LUKENS
- Who operates COLE-LUKENS?
- COLE-LUKENS is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is COLE-LUKENS?
- COLE-LUKENS is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 245342.
- Is COLE-LUKENS still producing?
- COLE-LUKENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLE-LUKENS is August 2026.
- How much has COLE-LUKENS produced?
- COLE-LUKENS has reported 1,287,886 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2008 and August 2026, from 1 wellbore.
- How much is COLE-LUKENS worth?
- The remaining production from COLE-LUKENS is estimated to be worth about $484K in total as of 26 August 2026, within a range of $402K to $566K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLE-LUKENS is a fraction of it. The estimate fits an Arps decline curve to the production COLE-LUKENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLE-LUKENS is an estimate of value, not an offer and not an appraisal.
- How much income does COLE-LUKENS generate in a year?
- COLE-LUKENS is forecast to net about $83K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLE-LUKENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 245342 |
| Wellbores | 1 |
| Reported production | 1,287,886 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $484K |
Where COLE-LUKENS 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.