TXL M
TXL M is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 40,697 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 $458K, with roughly $78K 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 57 barrels a month. Its strongest month on the record we hold was January 2018, at 281 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 TXL M
- Who operates TXL M?
- TXL M is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is TXL M?
- TXL M is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16873.
- Is TXL M still producing?
- TXL M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL M is August 2026.
- How much has TXL M produced?
- TXL M has reported 40,697 barrels of oil (bbl) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is TXL M worth?
- The remaining production from TXL M is estimated to be worth about $458K in total as of 26 August 2026, within a range of $252K to $664K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL M is a fraction of it. The estimate fits an Arps decline curve to the production TXL M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL M is an estimate of value, not an offer and not an appraisal.
- How much income does TXL M generate in a year?
- TXL M is forecast to net about $78K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL M receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 16873 |
| Wellbores | 1 |
| Reported production | 40,697 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $458K |
Where TXL M 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.