THORMAN, F. W.
THORMAN, F. W. is a Texas oil lease in Knox County, Railroad Commission district 8A, operated by Cholla Petroleum, Inc. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 231,036 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 $121K, with roughly $23K 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 28 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was June 2017, at 615 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 THORMAN, F. W.
- Who operates THORMAN, F. W.?
- THORMAN, F. W. is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is THORMAN, F. W.?
- THORMAN, F. W. is a Texas oil lease in Knox County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66949.
- Is THORMAN, F. W. still producing?
- THORMAN, F. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THORMAN, F. W. is August 2026.
- How much has THORMAN, F. W. produced?
- THORMAN, F. W. has reported 231,036 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is THORMAN, F. W. worth?
- The remaining production from THORMAN, F. W. is estimated to be worth about $121K in total as of 27 August 2026, within a range of $67K to $175K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THORMAN, F. W. is a fraction of it. The estimate fits an Arps decline curve to the production THORMAN, F. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THORMAN, F. W. is an estimate of value, not an offer and not an appraisal.
- How much income does THORMAN, F. W. generate in a year?
- THORMAN, F. W. is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THORMAN, F. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Valley View (Tannehill) |
| County | Knox County, Texas |
| RRC district | 8A |
| Lease number | 66949 |
| Wellbores | 7 |
| Reported production | 231,036 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $121K |
Where THORMAN, F. W. 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.