COLBY
COLBY is a Texas gas lease in Winkler County, Railroad Commission district 08, operated by LDF Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 57,100 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 $22K, with roughly $6K 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 560 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 1,417 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 COLBY
- Who operates COLBY?
- COLBY is operated by LDF Energy, LLC, Railroad Commission of Texas operator number 491588.
- Where is COLBY?
- COLBY is a Texas gas lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 286002.
- Is COLBY still producing?
- COLBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLBY is August 2026.
- How much has COLBY produced?
- COLBY has reported 57,100 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is COLBY worth?
- The remaining production from COLBY is estimated to be worth about $22K in total as of 26 August 2026, within a range of $17K to $27K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLBY is a fraction of it. The estimate fits an Arps decline curve to the production COLBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLBY is an estimate of value, not an offer and not an appraisal.
- How much income does COLBY generate in a year?
- COLBY is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | LDF Energy, LLC |
|---|---|
| Field | Kermit |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 286002 |
| Wellbores | 1 |
| Reported production | 57,100 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $22K |
Where COLBY 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.