THUNDERBALL

THUNDERBALL is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Admiral Permian Operating LLC. It has 15 wellbores on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 3,816,336 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 $229.3M, with roughly $63.5M 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 110,623 barrels a month, about 7,375 per wellbore. Its strongest month on the record we hold was October 2024, at 248,355 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 THUNDERBALL

Who operates THUNDERBALL?
THUNDERBALL is operated by Admiral Permian Operating LLC, Railroad Commission of Texas operator number 100158.
Where is THUNDERBALL?
THUNDERBALL is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59183.
Is THUNDERBALL still producing?
THUNDERBALL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THUNDERBALL is August 2026.
How much has THUNDERBALL produced?
THUNDERBALL has reported 3,816,336 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 15 wellbores.
How much is THUNDERBALL worth?
The remaining production from THUNDERBALL is estimated to be worth about $229.3M in total as of 26 August 2026, within a range of $188.0M to $270.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THUNDERBALL is a fraction of it. The estimate fits an Arps decline curve to the production THUNDERBALL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THUNDERBALL is an estimate of value, not an offer and not an appraisal.
How much income does THUNDERBALL generate in a year?
THUNDERBALL is forecast to net about $63.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THUNDERBALL receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

THUNDERBALL as filed with the Railroad Commission of Texas
OperatorAdmiral Permian Operating LLC
FieldPhantom (Wolfcamp)
CountyLoving County, Texas
RRC district08
Lease number59183
Wellbores15
Reported production3,816,336 bbl
First reported
Last reported
Estimated royalty value$229.3M

Where THUNDERBALL 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.