THOMAS 41
THOMAS 41 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Latigo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2009 to August 2026, totalling 665,056 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 $159K, with roughly $27K 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 908 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,309 thousand cubic feet. 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 41
- Who operates THOMAS 41?
- THOMAS 41 is operated by Latigo Petroleum, Inc., Railroad Commission of Texas operator number 488264.
- Where is THOMAS 41?
- THOMAS 41 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 249879.
- Is THOMAS 41 still producing?
- THOMAS 41 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS 41 is August 2026.
- How much has THOMAS 41 produced?
- THOMAS 41 has reported 665,056 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2009 and August 2026, from 1 wellbore.
- How much is THOMAS 41 worth?
- The remaining production from THOMAS 41 is estimated to be worth about $159K in total as of 26 August 2026, within a range of $124K to $194K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS 41 is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS 41 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS 41 is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS 41 generate in a year?
- THOMAS 41 is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMAS 41 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum, Inc. |
|---|---|
| Field | Meg (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 249879 |
| Wellbores | 1 |
| Reported production | 665,056 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $159K |
Where THOMAS 41 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.