COONLEY UNIT
COONLEY UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Braden Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 1,198,046 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 $366K, 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 3,833 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 9,166 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 COONLEY UNIT
- Who operates COONLEY UNIT?
- COONLEY UNIT is operated by Braden Exploration, LLC, Railroad Commission of Texas operator number 086335.
- Where is COONLEY UNIT?
- COONLEY UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 259267.
- Is COONLEY UNIT still producing?
- COONLEY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COONLEY UNIT is August 2026.
- How much has COONLEY UNIT produced?
- COONLEY UNIT has reported 1,198,046 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2010 and August 2026, from 1 wellbore.
- How much is COONLEY UNIT worth?
- The remaining production from COONLEY UNIT is estimated to be worth about $366K in total as of 26 August 2026, within a range of $304K to $428K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COONLEY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COONLEY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COONLEY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COONLEY UNIT generate in a year?
- COONLEY UNIT is forecast to net about $85K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COONLEY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Braden Exploration, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 259267 |
| Wellbores | 1 |
| Reported production | 1,198,046 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $366K |
Where COONLEY 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.