COLE
COLE is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Rogers, S. K. Oil, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 301,706 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 $1.9M, with roughly $436K 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 633 barrels a month, about 127 per wellbore. Its strongest month on the record we hold was December 2019, at 1,102 barrels. 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 COLE
- Who operates COLE?
- COLE is operated by Rogers, S. K. Oil, Inc., Railroad Commission of Texas operator number 725013.
- Where is COLE?
- COLE is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 65227.
- Is COLE still producing?
- COLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLE is August 2026.
- How much has COLE produced?
- COLE has reported 301,706 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is COLE worth?
- The remaining production from COLE is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLE is a fraction of it. The estimate fits an Arps decline curve to the production COLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLE is an estimate of value, not an offer and not an appraisal.
- How much income does COLE generate in a year?
- COLE is forecast to net about $436K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rogers, S. K. Oil, Inc. |
|---|---|
| Field | Hamilton (Clearfork) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 65227 |
| Wellbores | 5 |
| Reported production | 301,706 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where 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.