THOMAS, M.
THOMAS, M. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Oryx Energy Company. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 209,013 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 $785K, with roughly $178K 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 263 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was May 2022, at 379 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, M.
- Who operates THOMAS, M.?
- THOMAS, M. is operated by Oryx Energy Company, Railroad Commission of Texas operator number 627127.
- Where is THOMAS, M.?
- THOMAS, M. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08267.
- Is THOMAS, M. still producing?
- THOMAS, M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS, M. is August 2026.
- How much has THOMAS, M. produced?
- THOMAS, M. has reported 209,013 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
- How much is THOMAS, M. worth?
- The remaining production from THOMAS, M. is estimated to be worth about $785K in total as of 26 August 2026, within a range of $613K to $958K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS, M. is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS, M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS, M. is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS, M. generate in a year?
- THOMAS, M. is forecast to net about $178K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMAS, M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oryx Energy Company |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 08267 |
| Wellbores | 17 |
| Reported production | 209,013 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $785K |
Where THOMAS, M. 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.