THOMAS RANCH
THOMAS RANCH is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Cleveland Production Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 81,732 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 $565K, with roughly $109K 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 154 barrels a month, about 77 per wellbore. Its strongest month on the record we hold was February 2020, at 401 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 THOMAS RANCH
- Who operates THOMAS RANCH?
- THOMAS RANCH is operated by Cleveland Production Company, Railroad Commission of Texas operator number 160450.
- Where is THOMAS RANCH?
- THOMAS RANCH is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 14563.
- Is THOMAS RANCH still producing?
- THOMAS RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS RANCH is August 2026.
- How much has THOMAS RANCH produced?
- THOMAS RANCH has reported 81,732 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is THOMAS RANCH worth?
- The remaining production from THOMAS RANCH is estimated to be worth about $565K in total as of 26 August 2026, within a range of $441K to $689K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS RANCH is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS RANCH generate in a year?
- THOMAS RANCH is forecast to net about $109K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMAS RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cleveland Production Company |
|---|---|
| Field | Thomas Ranch (Ellenburger) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 14563 |
| Wellbores | 2 |
| Reported production | 81,732 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $565K |
Where THOMAS RANCH 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.