FORD
FORD is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Thomas Operating Ltd. Co. It has 1 wellbore on file with the Commission. Reported production runs from June 2000 to August 2026, totalling 16,200 barrels. 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 $52K, with roughly $10K 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 15 barrels a month. Its strongest month on the record we hold was May 2022, at 120 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FORD
- Who operates FORD?
- FORD is operated by Thomas Operating Ltd. Co., Railroad Commission of Texas operator number 854359.
- Where is FORD?
- FORD is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14021.
- Is FORD still producing?
- FORD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FORD is August 2026.
- How much has FORD produced?
- FORD has reported 16,200 barrels of oil (bbl) to the Railroad Commission of Texas between June 2000 and August 2026, from 1 wellbore.
- How much is FORD worth?
- The remaining production from FORD is estimated to be worth about $52K in total as of 26 August 2026, within a range of $29K to $75K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FORD is a fraction of it. The estimate fits an Arps decline curve to the production FORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FORD is an estimate of value, not an offer and not an appraisal.
- How much income does FORD generate in a year?
- FORD is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thomas Operating Ltd. Co. |
|---|---|
| Field | Chapel Hill (Paluxy 5800) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 14021 |
| Wellbores | 1 |
| Reported production | 16,200 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where FORD 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.