HAY THANE
HAY THANE is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2024 to August 2026, totalling 1,774,189 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 $25.3M, with roughly $8.8M 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 108,773 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 254,054 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HAY THANE
- Who operates HAY THANE?
- HAY THANE is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is HAY THANE?
- HAY THANE is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 298778.
- Is HAY THANE still producing?
- HAY THANE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAY THANE is August 2026.
- How much has HAY THANE produced?
- HAY THANE has reported 1,774,189 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2024 and August 2026, from 1 wellbore.
- How much is HAY THANE worth?
- The remaining production from HAY THANE is estimated to be worth about $25.3M in total as of 26 August 2026, within a range of $20.8M to $29.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAY THANE is a fraction of it. The estimate fits an Arps decline curve to the production HAY THANE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAY THANE is an estimate of value, not an offer and not an appraisal.
- How much income does HAY THANE generate in a year?
- HAY THANE is forecast to net about $8.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAY THANE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 298778 |
| Wellbores | 1 |
| Reported production | 1,774,189 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $25.3M |
Where HAY THANE 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.