THOMPSON "G"
THOMPSON "G" is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Powell Properties, Inc. It has 4 wellbores on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 48,066 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 $584K, with roughly $112K 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 148 barrels a month, about 37 per wellbore. Its strongest month on the record we hold was February 2017, at 321 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 THOMPSON "G"
- Who operates THOMPSON "G"?
- THOMPSON "G" is operated by Powell Properties, Inc., Railroad Commission of Texas operator number 674200.
- Where is THOMPSON "G"?
- THOMPSON "G" is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29847.
- Is THOMPSON "G" still producing?
- THOMPSON "G" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMPSON "G" is August 2026.
- How much has THOMPSON "G" produced?
- THOMPSON "G" has reported 48,066 barrels of oil (bbl) to the Railroad Commission of Texas between September 2006 and August 2026, from 4 wellbores.
- How much is THOMPSON "G" worth?
- The remaining production from THOMPSON "G" is estimated to be worth about $584K in total as of 26 August 2026, within a range of $455K to $712K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMPSON "G" is a fraction of it. The estimate fits an Arps decline curve to the production THOMPSON "G" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMPSON "G" is an estimate of value, not an offer and not an appraisal.
- How much income does THOMPSON "G" generate in a year?
- THOMPSON "G" is forecast to net about $112K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMPSON "G" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Powell Properties, Inc. |
|---|---|
| Field | Jones County Regular |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 29847 |
| Wellbores | 4 |
| Reported production | 48,066 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $584K |
Where THOMPSON "G" 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.