COLE TRUSTS 576 "A"
COLE TRUSTS 576 "A" 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 April 2005 to August 2026, totalling 4,531,584 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 $1.7M, with roughly $298K 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 13,051 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 45,108 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TRUSTS 576 "A"
- Who operates COLE TRUSTS 576 "A"?
- COLE TRUSTS 576 "A" is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is COLE TRUSTS 576 "A"?
- COLE TRUSTS 576 "A" is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 209526.
- Is COLE TRUSTS 576 "A" still producing?
- COLE TRUSTS 576 "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLE TRUSTS 576 "A" is August 2026.
- How much has COLE TRUSTS 576 "A" produced?
- COLE TRUSTS 576 "A" has reported 4,531,584 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2005 and August 2026, from 1 wellbore.
- How much is COLE TRUSTS 576 "A" worth?
- The remaining production from COLE TRUSTS 576 "A" is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLE TRUSTS 576 "A" is a fraction of it. The estimate fits an Arps decline curve to the production COLE TRUSTS 576 "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLE TRUSTS 576 "A" is an estimate of value, not an offer and not an appraisal.
- How much income does COLE TRUSTS 576 "A" generate in a year?
- COLE TRUSTS 576 "A" is forecast to net about $298K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLE TRUSTS 576 "A" 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 | 209526 |
| Wellbores | 1 |
| Reported production | 4,531,584 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where COLE TRUSTS 576 "A" 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.