COBLE "A"
COBLE "A" is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Maynard Oil Co. It has 24 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,111,002 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 $4.0M, with roughly $897K 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 1,363 barrels a month, about 57 per wellbore. Its strongest month on the record we hold was May 2024, at 2,025 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 COBLE "A"
- Who operates COBLE "A"?
- COBLE "A" is operated by Maynard Oil Co., Railroad Commission of Texas operator number 536740.
- Where is COBLE "A"?
- COBLE "A" is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 03565.
- Is COBLE "A" still producing?
- COBLE "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COBLE "A" is August 2026.
- How much has COBLE "A" produced?
- COBLE "A" has reported 1,111,002 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 24 wellbores.
- How much is COBLE "A" worth?
- The remaining production from COBLE "A" is estimated to be worth about $4.0M in total as of 26 August 2026, within a range of $3.3M to $4.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COBLE "A" is a fraction of it. The estimate fits an Arps decline curve to the production COBLE "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COBLE "A" is an estimate of value, not an offer and not an appraisal.
- How much income does COBLE "A" generate in a year?
- COBLE "A" is forecast to net about $897K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COBLE "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maynard Oil Co. |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 03565 |
| Wellbores | 24 |
| Reported production | 1,111,002 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where COBLE "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.