MEADOWS 15N
MEADOWS 15N 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 May 2006 to August 2026, totalling 429,778 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 $29K, with roughly $10K 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 581 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 1,765 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 15N
- Who operates MEADOWS 15N?
- MEADOWS 15N is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is MEADOWS 15N?
- MEADOWS 15N is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 218724.
- Is MEADOWS 15N still producing?
- MEADOWS 15N is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEADOWS 15N is August 2026.
- How much has MEADOWS 15N produced?
- MEADOWS 15N has reported 429,778 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2006 and August 2026, from 1 wellbore.
- How much is MEADOWS 15N worth?
- The remaining production from MEADOWS 15N is estimated to be worth about $29K in total as of 27 August 2026, within a range of $23K to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEADOWS 15N is a fraction of it. The estimate fits an Arps decline curve to the production MEADOWS 15N has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEADOWS 15N is an estimate of value, not an offer and not an appraisal.
- How much income does MEADOWS 15N generate in a year?
- MEADOWS 15N is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEADOWS 15N receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 218724 |
| Wellbores | 1 |
| Reported production | 429,778 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $29K |
Where MEADOWS 15N 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.