NOELKE
NOELKE is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Eog Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from October 2015 to August 2026, totalling 150,397 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 $2.6M, with roughly $777K 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 374 barrels a month, about 125 per wellbore. Its strongest month on the record we hold was December 2019, at 9,796 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 NOELKE
- Who operates NOELKE?
- NOELKE is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is NOELKE?
- NOELKE is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19075.
- Is NOELKE still producing?
- NOELKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NOELKE is August 2026.
- How much has NOELKE produced?
- NOELKE has reported 150,397 barrels of oil (bbl) to the Railroad Commission of Texas between October 2015 and August 2026, from 3 wellbores.
- How much is NOELKE worth?
- The remaining production from NOELKE is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.0M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOELKE is a fraction of it. The estimate fits an Arps decline curve to the production NOELKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOELKE is an estimate of value, not an offer and not an appraisal.
- How much income does NOELKE generate in a year?
- NOELKE is forecast to net about $777K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NOELKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 19075 |
| Wellbores | 3 |
| Reported production | 150,397 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where NOELKE 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.