THORNBERRY
THORNBERRY is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Muirfield Exploration, Ltd. It has 5 wellbores on file with the Commission. Reported production runs from March 1998 to August 2026, totalling 18,184 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 $116K, with roughly $22K 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 31 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was October 2018, at 84 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 THORNBERRY
- Who operates THORNBERRY?
- THORNBERRY is operated by Muirfield Exploration, Ltd., Railroad Commission of Texas operator number 593025.
- Where is THORNBERRY?
- THORNBERRY is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29490.
- Is THORNBERRY still producing?
- THORNBERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THORNBERRY is August 2026.
- How much has THORNBERRY produced?
- THORNBERRY has reported 18,184 barrels of oil (bbl) to the Railroad Commission of Texas between March 1998 and August 2026, from 5 wellbores.
- How much is THORNBERRY worth?
- The remaining production from THORNBERRY is estimated to be worth about $116K in total as of 26 August 2026, within a range of $64K to $169K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THORNBERRY is a fraction of it. The estimate fits an Arps decline curve to the production THORNBERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THORNBERRY is an estimate of value, not an offer and not an appraisal.
- How much income does THORNBERRY generate in a year?
- THORNBERRY is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THORNBERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Muirfield Exploration, Ltd. |
|---|---|
| Field | Clay County Regular |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 29490 |
| Wellbores | 5 |
| Reported production | 18,184 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $116K |
Where THORNBERRY 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.