THOMAS, CHARLES
THOMAS, CHARLES is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 675,664 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 $292K, with roughly $50K 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 1,442 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 3,001 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 THOMAS, CHARLES
- Who operates THOMAS, CHARLES?
- THOMAS, CHARLES is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is THOMAS, CHARLES?
- THOMAS, CHARLES is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 246362.
- Is THOMAS, CHARLES still producing?
- THOMAS, CHARLES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS, CHARLES is August 2026.
- How much has THOMAS, CHARLES produced?
- THOMAS, CHARLES has reported 675,664 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is THOMAS, CHARLES worth?
- The remaining production from THOMAS, CHARLES is estimated to be worth about $292K in total as of 26 August 2026, within a range of $242K to $342K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS, CHARLES is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS, CHARLES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS, CHARLES is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS, CHARLES generate in a year?
- THOMAS, CHARLES is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMAS, CHARLES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 246362 |
| Wellbores | 1 |
| Reported production | 675,664 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $292K |
Where THOMAS, CHARLES 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.