THUNDERBOLT "38"
THUNDERBOLT "38" is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Brigham Oil & Gas, L.P. It has 1 wellbore on file with the Commission. Reported production runs from May 2001 to August 2026, totalling 518,480 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 $1.5M, with roughly $348K 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 456 barrels a month. Its strongest month on the record we hold was February 2017, at 1,079 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 THUNDERBOLT "38"
- Who operates THUNDERBOLT "38"?
- THUNDERBOLT "38" is operated by Brigham Oil & Gas, L.P., Railroad Commission of Texas operator number 092800.
- Where is THUNDERBOLT "38"?
- THUNDERBOLT "38" is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68327.
- Is THUNDERBOLT "38" still producing?
- THUNDERBOLT "38" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THUNDERBOLT "38" is August 2026.
- How much has THUNDERBOLT "38" produced?
- THUNDERBOLT "38" has reported 518,480 barrels of oil (bbl) to the Railroad Commission of Texas between May 2001 and August 2026, from 1 wellbore.
- How much is THUNDERBOLT "38" worth?
- The remaining production from THUNDERBOLT "38" is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THUNDERBOLT "38" is a fraction of it. The estimate fits an Arps decline curve to the production THUNDERBOLT "38" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THUNDERBOLT "38" is an estimate of value, not an offer and not an appraisal.
- How much income does THUNDERBOLT "38" generate in a year?
- THUNDERBOLT "38" is forecast to net about $348K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THUNDERBOLT "38" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brigham Oil & Gas, L.P. |
|---|---|
| Field | Brianna Shea (Canyon Reef) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 68327 |
| Wellbores | 1 |
| Reported production | 518,480 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where THUNDERBOLT "38" 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.