THORNBERRY, M. A.-BUSTAMANTE
THORNBERRY, M. A.-BUSTAMANTE is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Lanexco, Inc. It has 19 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 579,124 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 $2.6M, with roughly $694K 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 1,125 barrels a month, about 59 per wellbore. Its strongest month on the record we hold was April 2026, at 3,160 barrels. 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 THORNBERRY, M. A.-BUSTAMANTE
- Who operates THORNBERRY, M. A.-BUSTAMANTE?
- THORNBERRY, M. A.-BUSTAMANTE is operated by Lanexco, Inc., Railroad Commission of Texas operator number 484936.
- Where is THORNBERRY, M. A.-BUSTAMANTE?
- THORNBERRY, M. A.-BUSTAMANTE is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 11951.
- Is THORNBERRY, M. A.-BUSTAMANTE still producing?
- THORNBERRY, M. A.-BUSTAMANTE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THORNBERRY, M. A.-BUSTAMANTE is August 2026.
- How much has THORNBERRY, M. A.-BUSTAMANTE produced?
- THORNBERRY, M. A.-BUSTAMANTE has reported 579,124 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 19 wellbores.
- How much is THORNBERRY, M. A.-BUSTAMANTE worth?
- The remaining production from THORNBERRY, M. A.-BUSTAMANTE is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.2M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THORNBERRY, M. A.-BUSTAMANTE is a fraction of it. The estimate fits an Arps decline curve to the production THORNBERRY, M. A.-BUSTAMANTE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THORNBERRY, M. A.-BUSTAMANTE is an estimate of value, not an offer and not an appraisal.
- How much income does THORNBERRY, M. A.-BUSTAMANTE generate in a year?
- THORNBERRY, M. A.-BUSTAMANTE is forecast to net about $694K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THORNBERRY, M. A.-BUSTAMANTE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lanexco, Inc. |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 11951 |
| Wellbores | 19 |
| Reported production | 579,124 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where THORNBERRY, M. A.-BUSTAMANTE 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.