NOBLES ALLOC
NOBLES ALLOC is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 210,788 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 $170K, with roughly $139K 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 419 barrels a month. Its strongest month on the record we hold was March 2023, at 29,847 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 NOBLES ALLOC
- Who operates NOBLES ALLOC?
- NOBLES ALLOC is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is NOBLES ALLOC?
- NOBLES ALLOC is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59934.
- Is NOBLES ALLOC still producing?
- NOBLES ALLOC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NOBLES ALLOC is August 2026.
- How much has NOBLES ALLOC produced?
- NOBLES ALLOC has reported 210,788 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is NOBLES ALLOC worth?
- The remaining production from NOBLES ALLOC is estimated to be worth about $170K in total as of 26 August 2026, within a range of $133K to $207K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOBLES ALLOC is a fraction of it. The estimate fits an Arps decline curve to the production NOBLES ALLOC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOBLES ALLOC is an estimate of value, not an offer and not an appraisal.
- How much income does NOBLES ALLOC generate in a year?
- NOBLES ALLOC is forecast to net about $139K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NOBLES ALLOC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 59934 |
| Wellbores | 1 |
| Reported production | 210,788 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $170K |
Where NOBLES ALLOC 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.