BIG STATE "10-10"
BIG STATE "10-10" is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 11,074 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 $90K, with roughly $17K 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 20 barrels a month. Its strongest month on the record we hold was October 2021, at 52 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 BIG STATE "10-10"
- Who operates BIG STATE "10-10"?
- BIG STATE "10-10" is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is BIG STATE "10-10"?
- BIG STATE "10-10" is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 11431.
- Is BIG STATE "10-10" still producing?
- BIG STATE "10-10" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIG STATE "10-10" is August 2026.
- How much has BIG STATE "10-10" produced?
- BIG STATE "10-10" has reported 11,074 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BIG STATE "10-10" worth?
- The remaining production from BIG STATE "10-10" is estimated to be worth about $90K in total as of 27 August 2026, within a range of $50K to $131K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIG STATE "10-10" is a fraction of it. The estimate fits an Arps decline curve to the production BIG STATE "10-10" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIG STATE "10-10" is an estimate of value, not an offer and not an appraisal.
- How much income does BIG STATE "10-10" generate in a year?
- BIG STATE "10-10" is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BIG STATE "10-10" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Hoover |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 11431 |
| Wellbores | 1 |
| Reported production | 11,074 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $90K |
Where BIG STATE "10-10" 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.