J. R. THOMASON GAS UNIT
J. R. THOMASON GAS UNIT is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 1,432,720 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 $399K, with roughly $62K 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 2,749 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 7,172 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 J. R. THOMASON GAS UNIT
- Who operates J. R. THOMASON GAS UNIT?
- J. R. THOMASON GAS UNIT is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is J. R. THOMASON GAS UNIT?
- J. R. THOMASON GAS UNIT is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 250606.
- Is J. R. THOMASON GAS UNIT still producing?
- J. R. THOMASON GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J. R. THOMASON GAS UNIT is August 2026.
- How much has J. R. THOMASON GAS UNIT produced?
- J. R. THOMASON GAS UNIT has reported 1,432,720 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is J. R. THOMASON GAS UNIT worth?
- The remaining production from J. R. THOMASON GAS UNIT is estimated to be worth about $399K in total as of 27 August 2026, within a range of $332K to $467K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J. R. THOMASON GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production J. R. THOMASON GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J. R. THOMASON GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does J. R. THOMASON GAS UNIT generate in a year?
- J. R. THOMASON GAS UNIT is forecast to net about $62K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in J. R. THOMASON GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Oletha (Travis Peak) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 250606 |
| Wellbores | 1 |
| Reported production | 1,432,720 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $399K |
Where J. R. THOMASON GAS 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.