THUNDERBOLT STATE
THUNDERBOLT STATE is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Carrizo (Permian) LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 2,029,187 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 $1.4M, with roughly $485K 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 12,530 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 58,640 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 THUNDERBOLT STATE
- Who operates THUNDERBOLT STATE?
- THUNDERBOLT STATE is operated by Carrizo (Permian) LLC, Railroad Commission of Texas operator number 135317.
- Where is THUNDERBOLT STATE?
- THUNDERBOLT STATE is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 282197.
- Is THUNDERBOLT STATE still producing?
- THUNDERBOLT STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THUNDERBOLT STATE is August 2026.
- How much has THUNDERBOLT STATE produced?
- THUNDERBOLT STATE has reported 2,029,187 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2016 and August 2026, from 1 wellbore.
- How much is THUNDERBOLT STATE worth?
- The remaining production from THUNDERBOLT STATE is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THUNDERBOLT STATE is a fraction of it. The estimate fits an Arps decline curve to the production THUNDERBOLT STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THUNDERBOLT STATE is an estimate of value, not an offer and not an appraisal.
- How much income does THUNDERBOLT STATE generate in a year?
- THUNDERBOLT STATE is forecast to net about $485K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THUNDERBOLT STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo (Permian) LLC |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 282197 |
| Wellbores | 1 |
| Reported production | 2,029,187 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where THUNDERBOLT STATE 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.