THIGPEN "A"

THIGPEN "A" is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Anadarko Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2001 to August 2026, totalling 5,042,518 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 $633K, with roughly $98K 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 4,209 thousand cubic feet a month. Its strongest month on the record we hold was August 2019, at 8,819 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 THIGPEN "A"

Who operates THIGPEN "A"?
THIGPEN "A" is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
Where is THIGPEN "A"?
THIGPEN "A" is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 181677.
Is THIGPEN "A" still producing?
THIGPEN "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THIGPEN "A" is August 2026.
How much has THIGPEN "A" produced?
THIGPEN "A" has reported 5,042,518 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2001 and August 2026, from 1 wellbore.
How much is THIGPEN "A" worth?
The remaining production from THIGPEN "A" is estimated to be worth about $633K in total as of 27 August 2026, within a range of $526K to $741K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THIGPEN "A" is a fraction of it. The estimate fits an Arps decline curve to the production THIGPEN "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THIGPEN "A" is an estimate of value, not an offer and not an appraisal.
How much income does THIGPEN "A" generate in a year?
THIGPEN "A" is forecast to net about $98K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THIGPEN "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

THIGPEN "A" as filed with the Railroad Commission of Texas
OperatorAnadarko Petroleum Corporation
FieldDew (Bossier)
CountyFreestone County, Texas
RRC district05
Lease number181677
Wellbores1
Reported production5,042,518 mcf
First reported
Last reported
Estimated royalty value$633K

Where THIGPEN "A" 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.