THUNDERBOLT
THUNDERBOLT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Linn Operating, Inc. It has 4 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 202,315 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 $583K, with roughly $344K 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 935 barrels a month, about 234 per wellbore. Its strongest month on the record we hold was July 2024, at 2,518 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 THUNDERBOLT
- Who operates THUNDERBOLT?
- THUNDERBOLT is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
- Where is THUNDERBOLT?
- THUNDERBOLT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42176.
- Is THUNDERBOLT still producing?
- THUNDERBOLT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THUNDERBOLT is August 2026.
- How much has THUNDERBOLT produced?
- THUNDERBOLT has reported 202,315 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 4 wellbores.
- How much is THUNDERBOLT worth?
- The remaining production from THUNDERBOLT is estimated to be worth about $583K in total as of 27 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 THUNDERBOLT is a fraction of it. The estimate fits an Arps decline curve to the production THUNDERBOLT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THUNDERBOLT is an estimate of value, not an offer and not an appraisal.
- How much income does THUNDERBOLT generate in a year?
- THUNDERBOLT is forecast to net about $344K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THUNDERBOLT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Linn Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 42176 |
| Wellbores | 4 |
| Reported production | 202,315 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $583K |
Where THUNDERBOLT 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.