COLORADO
COLORADO is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 27 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 1,514,851 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 $17.6M, with roughly $3.6M 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 2,226 barrels a month, about 82 per wellbore. Its strongest month on the record we hold was May 2016, at 32,931 barrels. 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 COLORADO
- Who operates COLORADO?
- COLORADO is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is COLORADO?
- COLORADO is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40495.
- Is COLORADO still producing?
- COLORADO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLORADO is August 2026.
- How much has COLORADO produced?
- COLORADO has reported 1,514,851 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 27 wellbores.
- How much is COLORADO worth?
- The remaining production from COLORADO is estimated to be worth about $17.6M in total as of 27 August 2026, within a range of $14.6M to $20.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLORADO is a fraction of it. The estimate fits an Arps decline curve to the production COLORADO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLORADO is an estimate of value, not an offer and not an appraisal.
- How much income does COLORADO generate in a year?
- COLORADO is forecast to net about $3.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COLORADO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 40495 |
| Wellbores | 27 |
| Reported production | 1,514,851 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17.6M |
Where COLORADO 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.