DOWNS, THELMA
DOWNS, THELMA is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Threshold Development Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 37,118 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 $277K, with roughly $53K 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 57 barrels a month. Its strongest month on the record we hold was February 2019, at 138 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 DOWNS, THELMA
- Who operates DOWNS, THELMA?
- DOWNS, THELMA is operated by Threshold Development Company, Railroad Commission of Texas operator number 858240.
- Where is DOWNS, THELMA?
- DOWNS, THELMA is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68470.
- Is DOWNS, THELMA still producing?
- DOWNS, THELMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOWNS, THELMA is August 2026.
- How much has DOWNS, THELMA produced?
- DOWNS, THELMA has reported 37,118 barrels of oil (bbl) to the Railroad Commission of Texas between June 2002 and August 2026, from 1 wellbore.
- How much is DOWNS, THELMA worth?
- The remaining production from DOWNS, THELMA is estimated to be worth about $277K in total as of 26 August 2026, within a range of $152K to $402K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOWNS, THELMA is a fraction of it. The estimate fits an Arps decline curve to the production DOWNS, THELMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOWNS, THELMA is an estimate of value, not an offer and not an appraisal.
- How much income does DOWNS, THELMA generate in a year?
- DOWNS, THELMA is forecast to net about $53K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOWNS, THELMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Threshold Development Company |
|---|---|
| Field | Whitharral (Clear Fork, Lo.) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 68470 |
| Wellbores | 1 |
| Reported production | 37,118 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $277K |
Where DOWNS, THELMA 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.