THELMA LOUISE
THELMA LOUISE is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 1,343,557 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 $397K, with roughly $60K 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 2,645 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 4,497 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 THELMA LOUISE
- Who operates THELMA LOUISE?
- THELMA LOUISE is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is THELMA LOUISE?
- THELMA LOUISE is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 246724.
- Is THELMA LOUISE still producing?
- THELMA LOUISE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THELMA LOUISE is August 2026.
- How much has THELMA LOUISE produced?
- THELMA LOUISE has reported 1,343,557 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is THELMA LOUISE worth?
- The remaining production from THELMA LOUISE is estimated to be worth about $397K in total as of 27 August 2026, within a range of $330K to $465K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THELMA LOUISE is a fraction of it. The estimate fits an Arps decline curve to the production THELMA LOUISE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THELMA LOUISE is an estimate of value, not an offer and not an appraisal.
- How much income does THELMA LOUISE generate in a year?
- THELMA LOUISE is forecast to net about $60K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THELMA LOUISE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 246724 |
| Wellbores | 1 |
| Reported production | 1,343,557 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $397K |
Where THELMA LOUISE 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.