IRON MIKE 40NE
IRON MIKE 40NE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 440,121 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $136K, with roughly $27K expected over the next twelve months.
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 47506 |
| Wellbores | 1 |
| Reported production | 440,121 bbl |
| First reported | January 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $136K |
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.