THREADGILL
THREADGILL is a Texas gas lease in Newton County, Railroad Commission district 03, operated by Square Mile Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 1,990,011 thousand cubic feet. 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 $176K, with roughly $42K 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 3,263 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 25,086 thousand cubic feet. 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 THREADGILL
- Who operates THREADGILL?
- THREADGILL is operated by Square Mile Energy, L.L.C., Railroad Commission of Texas operator number 810815.
- Where is THREADGILL?
- THREADGILL is a Texas gas lease in Newton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 279216.
- Is THREADGILL still producing?
- THREADGILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THREADGILL is August 2026.
- How much has THREADGILL produced?
- THREADGILL has reported 1,990,011 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is THREADGILL worth?
- The remaining production from THREADGILL is estimated to be worth about $176K in total as of 26 August 2026, within a range of $146K to $206K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THREADGILL is a fraction of it. The estimate fits an Arps decline curve to the production THREADGILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THREADGILL is an estimate of value, not an offer and not an appraisal.
- How much income does THREADGILL generate in a year?
- THREADGILL is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THREADGILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Square Mile Energy, L.L.C. |
|---|---|
| Field | Kings Court (Y-4) |
| County | Newton County, Texas |
| RRC district | 03 |
| Lease number | 279216 |
| Wellbores | 1 |
| Reported production | 1,990,011 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $176K |
Where THREADGILL 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.