THUNDERBIRD UNIT
THUNDERBIRD UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 10 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 2,606,180 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 $12.8M, with roughly $2.8M 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 3,784 barrels a month, about 378 per wellbore. Its strongest month on the record we hold was May 2016, at 32,292 barrels. 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 THUNDERBIRD UNIT
- Who operates THUNDERBIRD UNIT?
- THUNDERBIRD UNIT is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is THUNDERBIRD UNIT?
- THUNDERBIRD UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10081.
- Is THUNDERBIRD UNIT still producing?
- THUNDERBIRD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THUNDERBIRD UNIT is August 2026.
- How much has THUNDERBIRD UNIT produced?
- THUNDERBIRD UNIT has reported 2,606,180 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 10 wellbores.
- How much is THUNDERBIRD UNIT worth?
- The remaining production from THUNDERBIRD UNIT is estimated to be worth about $12.8M in total as of 26 August 2026, within a range of $10.7M to $15.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THUNDERBIRD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THUNDERBIRD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THUNDERBIRD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THUNDERBIRD UNIT generate in a year?
- THUNDERBIRD UNIT is forecast to net about $2.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THUNDERBIRD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Exploration & Prod. Co. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10081 |
| Wellbores | 10 |
| Reported production | 2,606,180 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.8M |
Where THUNDERBIRD UNIT 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.