MEADOWS 1003
MEADOWS 1003 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from December 1997 to August 2026, totalling 1,073,827 thousand cubic feet. 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 $18K, with roughly $6K 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 423 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 1,585 thousand cubic feet. 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 MEADOWS 1003
- Who operates MEADOWS 1003?
- MEADOWS 1003 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is MEADOWS 1003?
- MEADOWS 1003 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 166744.
- Is MEADOWS 1003 still producing?
- MEADOWS 1003 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEADOWS 1003 is August 2026.
- How much has MEADOWS 1003 produced?
- MEADOWS 1003 has reported 1,073,827 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1997 and August 2026, from 1 wellbore.
- How much is MEADOWS 1003 worth?
- The remaining production from MEADOWS 1003 is estimated to be worth about $18K in total as of 27 August 2026, within a range of $14K to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEADOWS 1003 is a fraction of it. The estimate fits an Arps decline curve to the production MEADOWS 1003 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEADOWS 1003 is an estimate of value, not an offer and not an appraisal.
- How much income does MEADOWS 1003 generate in a year?
- MEADOWS 1003 is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEADOWS 1003 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | University 31 (Strawn-Detrital) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 166744 |
| Wellbores | 1 |
| Reported production | 1,073,827 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where MEADOWS 1003 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.