COBRA STATE 53-46
COBRA STATE 53-46 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Petro-Hunt Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2025 to August 2026, totalling 35,611 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 $380K, with roughly $67K 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 309 thousand cubic feet a month. Its strongest month on the record we hold was April 2026, at 2,783 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 COBRA STATE 53-46
- Who operates COBRA STATE 53-46?
- COBRA STATE 53-46 is operated by Petro-Hunt Permian, LLC, Railroad Commission of Texas operator number 100313.
- Where is COBRA STATE 53-46?
- COBRA STATE 53-46 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 301281.
- Is COBRA STATE 53-46 still producing?
- COBRA STATE 53-46 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for COBRA STATE 53-46 is August 2026.
- How much has COBRA STATE 53-46 produced?
- COBRA STATE 53-46 has reported 35,611 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2025 and August 2026, from 1 wellbore.
- How much is COBRA STATE 53-46 worth?
- The remaining production from COBRA STATE 53-46 is estimated to be worth about $380K in total as of 27 August 2026, within a range of $296K to $463K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COBRA STATE 53-46 is a fraction of it. The estimate fits an Arps decline curve to the production COBRA STATE 53-46 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COBRA STATE 53-46 is an estimate of value, not an offer and not an appraisal.
- How much income does COBRA STATE 53-46 generate in a year?
- COBRA STATE 53-46 is forecast to net about $67K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COBRA STATE 53-46 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petro-Hunt Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 301281 |
| Wellbores | 1 |
| Reported production | 35,611 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $380K |
Where COBRA STATE 53-46 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.