THORMAN
THORMAN is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Willowbend Investments, Inc. It has 3 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 66,830 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 $1.1M, with roughly $197K 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 240 barrels a month, about 80 per wellbore. Its strongest month on the record we hold was August 2016, at 669 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 THORMAN
- Who operates THORMAN?
- THORMAN is operated by Willowbend Investments, Inc., Railroad Commission of Texas operator number 927665.
- Where is THORMAN?
- THORMAN is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32451.
- Is THORMAN still producing?
- THORMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THORMAN is August 2026.
- How much has THORMAN produced?
- THORMAN has reported 66,830 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 3 wellbores.
- How much is THORMAN worth?
- The remaining production from THORMAN is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $833K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THORMAN is a fraction of it. The estimate fits an Arps decline curve to the production THORMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THORMAN is an estimate of value, not an offer and not an appraisal.
- How much income does THORMAN generate in a year?
- THORMAN is forecast to net about $197K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THORMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Willowbend Investments, Inc. |
|---|---|
| Field | Vogtsberger (Caddo 5140) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 32451 |
| Wellbores | 3 |
| Reported production | 66,830 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where THORMAN 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.