COBB UNIT

COBB UNIT is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1998 to August 2026, totalling 23,125,514 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 $33K, with roughly $4K 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 414 thousand cubic feet a month. Its strongest month on the record we hold was August 2021, at 5,443 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 COBB UNIT

Who operates COBB UNIT?
COBB UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
Where is COBB UNIT?
COBB UNIT is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 167645.
Is COBB UNIT still producing?
COBB UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COBB UNIT is August 2026.
How much has COBB UNIT produced?
COBB UNIT has reported 23,125,514 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1998 and August 2026, from 1 wellbore.
How much is COBB UNIT worth?
The remaining production from COBB UNIT is estimated to be worth about $33K in total as of 26 August 2026, within a range of $26K to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COBB UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COBB UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COBB UNIT is an estimate of value, not an offer and not an appraisal.
How much income does COBB UNIT generate in a year?
COBB UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COBB UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

COBB UNIT as filed with the Railroad Commission of Texas
OperatorUnion Pacific Resources Company
FieldGiddings (Austin Chalk, Gas)
CountyWashington County, Texas
RRC district03
Lease number167645
Wellbores1
Reported production23,125,514 mcf
First reported
Last reported
Estimated royalty value$33K

Where COBB UNIT 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.