COBLE 311
COBLE 311 is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Jones Energy, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from July 2001 to August 2026, totalling 495,387 thousand cubic feet. The lease is intermittent. 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 $29K, with roughly $4K 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 227 thousand cubic feet a month. Its strongest month on the record we hold was December 2025, at 1,411 thousand cubic feet. 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 COBLE 311
- Who operates COBLE 311?
- COBLE 311 is operated by Jones Energy, Ltd., Railroad Commission of Texas operator number 441129.
- Where is COBLE 311?
- COBLE 311 is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 185514.
- Is COBLE 311 still producing?
- COBLE 311 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for COBLE 311 is August 2026.
- How much has COBLE 311 produced?
- COBLE 311 has reported 495,387 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2001 and August 2026, from 1 wellbore.
- How much is COBLE 311 worth?
- The remaining production from COBLE 311 is estimated to be worth about $29K in total as of 27 August 2026, within a range of $23K to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COBLE 311 is a fraction of it. The estimate fits an Arps decline curve to the production COBLE 311 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COBLE 311 is an estimate of value, not an offer and not an appraisal.
- How much income does COBLE 311 generate in a year?
- COBLE 311 is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COBLE 311 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, Ltd. |
|---|---|
| Field | Patten (Krider) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 185514 |
| Wellbores | 1 |
| Reported production | 495,387 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $29K |
Where COBLE 311 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.