THOMAS FARMS
THOMAS FARMS is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by R K Petroleum Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 108,699 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 $483K, with roughly $93K 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 115 barrels a month. Its strongest month on the record we hold was August 2017, at 387 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 THOMAS FARMS
- Who operates THOMAS FARMS?
- THOMAS FARMS is operated by R K Petroleum Corp., Railroad Commission of Texas operator number 687130.
- Where is THOMAS FARMS?
- THOMAS FARMS is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 65506.
- Is THOMAS FARMS still producing?
- THOMAS FARMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS FARMS is August 2026.
- How much has THOMAS FARMS produced?
- THOMAS FARMS has reported 108,699 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is THOMAS FARMS worth?
- The remaining production from THOMAS FARMS is estimated to be worth about $483K in total as of 27 August 2026, within a range of $377K to $589K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS FARMS is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS FARMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS FARMS is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS FARMS generate in a year?
- THOMAS FARMS is forecast to net about $93K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THOMAS FARMS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R K Petroleum Corp. |
|---|---|
| Field | Deroen (Mississippian) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 65506 |
| Wellbores | 1 |
| Reported production | 108,699 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $483K |
Where THOMAS FARMS 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.