SNODDY, THAD "E"
SNODDY, THAD "E" is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Amoco Production Company. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 148,376 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 $270K, with roughly $51K 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 79 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was August 2021, at 327 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SNODDY, THAD "E"
- Who operates SNODDY, THAD "E"?
- SNODDY, THAD "E" is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is SNODDY, THAD "E"?
- SNODDY, THAD "E" is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07295.
- Is SNODDY, THAD "E" still producing?
- SNODDY, THAD "E" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNODDY, THAD "E" is August 2026.
- How much has SNODDY, THAD "E" produced?
- SNODDY, THAD "E" has reported 148,376 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is SNODDY, THAD "E" worth?
- The remaining production from SNODDY, THAD "E" is estimated to be worth about $270K in total as of 26 August 2026, within a range of $148K to $391K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNODDY, THAD "E" is a fraction of it. The estimate fits an Arps decline curve to the production SNODDY, THAD "E" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNODDY, THAD "E" is an estimate of value, not an offer and not an appraisal.
- How much income does SNODDY, THAD "E" generate in a year?
- SNODDY, THAD "E" is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNODDY, THAD "E" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 07295 |
| Wellbores | 7 |
| Reported production | 148,376 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $270K |
Where SNODDY, THAD "E" 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.