GRASSHOPPER THIELE B1
GRASSHOPPER THIELE B1 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Warwick-Artemis, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 1,996,521 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 $7.5M, with roughly $1.8M 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 31,371 thousand cubic feet a month. Its strongest month on the record we hold was October 2023, at 142,483 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GRASSHOPPER THIELE B1
- Who operates GRASSHOPPER THIELE B1?
- GRASSHOPPER THIELE B1 is operated by Warwick-Artemis, LLC, Railroad Commission of Texas operator number 899023.
- Where is GRASSHOPPER THIELE B1?
- GRASSHOPPER THIELE B1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 295534.
- Is GRASSHOPPER THIELE B1 still producing?
- GRASSHOPPER THIELE B1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRASSHOPPER THIELE B1 is August 2026.
- How much has GRASSHOPPER THIELE B1 produced?
- GRASSHOPPER THIELE B1 has reported 1,996,521 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is GRASSHOPPER THIELE B1 worth?
- The remaining production from GRASSHOPPER THIELE B1 is estimated to be worth about $7.5M in total as of 26 August 2026, within a range of $6.2M to $8.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRASSHOPPER THIELE B1 is a fraction of it. The estimate fits an Arps decline curve to the production GRASSHOPPER THIELE B1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRASSHOPPER THIELE B1 is an estimate of value, not an offer and not an appraisal.
- How much income does GRASSHOPPER THIELE B1 generate in a year?
- GRASSHOPPER THIELE B1 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRASSHOPPER THIELE B1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Warwick-Artemis, LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 295534 |
| Wellbores | 1 |
| Reported production | 1,996,521 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where GRASSHOPPER THIELE B1 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.