PRICE-THOMAS
PRICE-THOMAS is a Texas oil lease in Crosby County, Railroad Commission district 8A, operated by Texland-Rector & Schumacher. It has 64 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,112,859 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 $94K, with roughly $21K expected over the next twelve months.
| Operator | Texland-Rector & Schumacher |
|---|---|
| Field | Forbes (Glorieta) |
| County | Crosby County, Texas |
| RRC district | 8A |
| Lease number | 63563 |
| Wellbores | 64 |
| Reported production | 3,112,859 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $94K |
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.