THREAD THE NEEDLE
THREAD THE NEEDLE is a Texas oil lease in Lynn County, Railroad Commission district 8A, operated by Raw Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 98,191 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 $572K, with roughly $110K 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 159 barrels a month. Its strongest month on the record we hold was April 2018, at 528 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 THREAD THE NEEDLE
- Who operates THREAD THE NEEDLE?
- THREAD THE NEEDLE is operated by Raw Oil & Gas, Inc., Railroad Commission of Texas operator number 694863.
- Where is THREAD THE NEEDLE?
- THREAD THE NEEDLE is a Texas oil lease in Lynn County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70022.
- Is THREAD THE NEEDLE still producing?
- THREAD THE NEEDLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THREAD THE NEEDLE is August 2026.
- How much has THREAD THE NEEDLE produced?
- THREAD THE NEEDLE has reported 98,191 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
- How much is THREAD THE NEEDLE worth?
- The remaining production from THREAD THE NEEDLE is estimated to be worth about $572K in total as of 26 August 2026, within a range of $446K to $698K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THREAD THE NEEDLE is a fraction of it. The estimate fits an Arps decline curve to the production THREAD THE NEEDLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THREAD THE NEEDLE is an estimate of value, not an offer and not an appraisal.
- How much income does THREAD THE NEEDLE generate in a year?
- THREAD THE NEEDLE is forecast to net about $110K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THREAD THE NEEDLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Raw Oil & Gas, Inc. |
|---|---|
| Field | Mound Lake, E. (Fusselman) |
| County | Lynn County, Texas |
| RRC district | 8A |
| Lease number | 70022 |
| Wellbores | 1 |
| Reported production | 98,191 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $572K |
Where THREAD THE NEEDLE 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.