COLE RANCHES
COLE RANCHES is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 3 wellbores on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 168,651 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 $1.1M, with roughly $296K 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 353 barrels a month, about 118 per wellbore. Its strongest month on the record we hold was June 2016, at 2,715 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 COLE RANCHES
- Who operates COLE RANCHES?
- COLE RANCHES is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is COLE RANCHES?
- COLE RANCHES is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44917.
- Is COLE RANCHES still producing?
- COLE RANCHES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLE RANCHES is August 2026.
- How much has COLE RANCHES produced?
- COLE RANCHES has reported 168,651 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 3 wellbores.
- How much is COLE RANCHES worth?
- The remaining production from COLE RANCHES is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $835K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLE RANCHES is a fraction of it. The estimate fits an Arps decline curve to the production COLE RANCHES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLE RANCHES is an estimate of value, not an offer and not an appraisal.
- How much income does COLE RANCHES generate in a year?
- COLE RANCHES is forecast to net about $296K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLE RANCHES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 44917 |
| Wellbores | 3 |
| Reported production | 168,651 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where COLE RANCHES 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.