THOMASON B
THOMASON B is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Woodbine Acquisition LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 240,796 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 $323K, with roughly $141K 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 282 barrels a month. Its strongest month on the record we hold was July 2016, at 1,642 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 THOMASON B
- Who operates THOMASON B?
- THOMASON B is operated by Woodbine Acquisition LLC, Railroad Commission of Texas operator number 937857.
- Where is THOMASON B?
- THOMASON B is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26027.
- Is THOMASON B still producing?
- THOMASON B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMASON B is August 2026.
- How much has THOMASON B produced?
- THOMASON B has reported 240,796 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is THOMASON B worth?
- The remaining production from THOMASON B is estimated to be worth about $323K in total as of 26 August 2026, within a range of $252K to $394K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMASON B is a fraction of it. The estimate fits an Arps decline curve to the production THOMASON B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMASON B is an estimate of value, not an offer and not an appraisal.
- How much income does THOMASON B generate in a year?
- THOMASON B is forecast to net about $141K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMASON B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Woodbine Acquisition LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26027 |
| Wellbores | 1 |
| Reported production | 240,796 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $323K |
Where THOMASON B 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.