NOBLES UNIT
NOBLES 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 November 2009 to August 2026, totalling 2,109,075 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 $22K 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 3,289 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 25,528 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 NOBLES UNIT
- Who operates NOBLES UNIT?
- NOBLES UNIT is operated by Braden Exploration, LLC, Railroad Commission of Texas operator number 086335.
- Where is NOBLES UNIT?
- NOBLES UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 254850.
- Is NOBLES UNIT still producing?
- NOBLES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NOBLES UNIT is August 2026.
- How much has NOBLES UNIT produced?
- NOBLES UNIT has reported 2,109,075 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2009 and August 2026, from 1 wellbore.
- How much is NOBLES UNIT worth?
- The remaining production from NOBLES UNIT is estimated to be worth about $33K in total as of 26 August 2026, within a range of $28K to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOBLES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NOBLES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOBLES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NOBLES UNIT generate in a year?
- NOBLES UNIT is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NOBLES 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 | 254850 |
| Wellbores | 1 |
| Reported production | 2,109,075 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where NOBLES 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.