M.T. COLE
M.T. COLE is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Enervest Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 1,021,111 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 $514K, with roughly $81K 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 3,227 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 11,523 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 M.T. COLE
- Who operates M.T. COLE?
- M.T. COLE is operated by Enervest Operating, L.L.C., Railroad Commission of Texas operator number 252131.
- Where is M.T. COLE?
- M.T. COLE is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 276973.
- Is M.T. COLE still producing?
- M.T. COLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for M.T. COLE is August 2026.
- How much has M.T. COLE produced?
- M.T. COLE has reported 1,021,111 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is M.T. COLE worth?
- The remaining production from M.T. COLE is estimated to be worth about $514K in total as of 26 August 2026, within a range of $427K to $601K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in M.T. COLE is a fraction of it. The estimate fits an Arps decline curve to the production M.T. COLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for M.T. COLE is an estimate of value, not an offer and not an appraisal.
- How much income does M.T. COLE generate in a year?
- M.T. COLE is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in M.T. COLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enervest Operating, L.L.C. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 276973 |
| Wellbores | 1 |
| Reported production | 1,021,111 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $514K |
Where M.T. COLE 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.