COLE
COLE is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Questa Operating Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2009 to August 2026, totalling 317,461 thousand cubic feet. 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 $97K, with roughly $17K 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 670 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 2,378 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 COLE
- Who operates COLE?
- COLE is operated by Questa Operating Company, LLC, Railroad Commission of Texas operator number 684641.
- Where is COLE?
- COLE is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 250091.
- 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 317,461 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2009 and August 2026, from 1 wellbore.
- How much is COLE worth?
- The remaining production from COLE is estimated to be worth about $97K in total as of 26 August 2026, within a range of $75K to $118K. 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 $17K 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 | Questa Operating Company, LLC |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 250091 |
| Wellbores | 1 |
| Reported production | 317,461 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $97K |
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.