COLE 36-2406 AL 14
COLE 36-2406 AL 14 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Qep Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 130,844 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 $245K, with roughly $43K 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 77 barrels a month. Its strongest month on the record we hold was November 2017, at 14,915 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 36-2406 AL 14
- Who operates COLE 36-2406 AL 14?
- COLE 36-2406 AL 14 is operated by Qep Energy Company, Railroad Commission of Texas operator number 684474.
- Where is COLE 36-2406 AL 14?
- COLE 36-2406 AL 14 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50383.
- Is COLE 36-2406 AL 14 still producing?
- COLE 36-2406 AL 14 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLE 36-2406 AL 14 is August 2026.
- How much has COLE 36-2406 AL 14 produced?
- COLE 36-2406 AL 14 has reported 130,844 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is COLE 36-2406 AL 14 worth?
- The remaining production from COLE 36-2406 AL 14 is estimated to be worth about $245K in total as of 27 August 2026, within a range of $135K to $355K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLE 36-2406 AL 14 is a fraction of it. The estimate fits an Arps decline curve to the production COLE 36-2406 AL 14 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLE 36-2406 AL 14 is an estimate of value, not an offer and not an appraisal.
- How much income does COLE 36-2406 AL 14 generate in a year?
- COLE 36-2406 AL 14 is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COLE 36-2406 AL 14 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Qep Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 50383 |
| Wellbores | 1 |
| Reported production | 130,844 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $245K |
Where COLE 36-2406 AL 14 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.