COLINE
COLINE is a Texas oil lease in San Jacinto County, Railroad Commission district 03, operated by Jet Oil Producers, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 1996 to August 2026, totalling 100,139 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 $440K, with roughly $85K 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 119 barrels a month. Its strongest month on the record we hold was October 2023, at 449 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 COLINE
- Who operates COLINE?
- COLINE is operated by Jet Oil Producers, Inc., Railroad Commission of Texas operator number 432118.
- Where is COLINE?
- COLINE is a Texas oil lease in San Jacinto County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23085.
- Is COLINE still producing?
- COLINE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLINE is August 2026.
- How much has COLINE produced?
- COLINE has reported 100,139 barrels of oil (bbl) to the Railroad Commission of Texas between June 1996 and August 2026, from 1 wellbore.
- How much is COLINE worth?
- The remaining production from COLINE is estimated to be worth about $440K in total as of 27 August 2026, within a range of $343K to $536K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLINE is a fraction of it. The estimate fits an Arps decline curve to the production COLINE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLINE is an estimate of value, not an offer and not an appraisal.
- How much income does COLINE generate in a year?
- COLINE is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COLINE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jet Oil Producers, Inc. |
|---|---|
| Field | Coline |
| County | San Jacinto County, Texas |
| RRC district | 03 |
| Lease number | 23085 |
| Wellbores | 1 |
| Reported production | 100,139 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $440K |
Where COLINE 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.