THS UNIT
THS UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Miller, Glenn J. It has 6 wellbores on file with the Commission. Reported production runs from November 2021 to August 2026, totalling 16,952 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 $521K, with roughly $100K 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 118 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was June 2022, at 974 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 THS UNIT
- Who operates THS UNIT?
- THS UNIT is operated by Miller, Glenn J., Railroad Commission of Texas operator number 567780.
- Where is THS UNIT?
- THS UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34078.
- Is THS UNIT still producing?
- THS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THS UNIT is August 2026.
- How much has THS UNIT produced?
- THS UNIT has reported 16,952 barrels of oil (bbl) to the Railroad Commission of Texas between November 2021 and August 2026, from 6 wellbores.
- How much is THS UNIT worth?
- The remaining production from THS UNIT is estimated to be worth about $521K in total as of 26 August 2026, within a range of $407K to $636K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THS UNIT generate in a year?
- THS UNIT is forecast to net about $100K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Miller, Glenn J. |
|---|---|
| Field | Gatewood |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 34078 |
| Wellbores | 6 |
| Reported production | 16,952 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $521K |
Where THS UNIT 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.