THOMAS & WOOD OIL
THOMAS & WOOD OIL is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 20,828 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 $293K, 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 40 barrels a month. Its strongest month on the record we hold was July 2016, at 362 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 & WOOD OIL
- Who operates THOMAS & WOOD OIL?
- THOMAS & WOOD OIL is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is THOMAS & WOOD OIL?
- THOMAS & WOOD OIL is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15441.
- Is THOMAS & WOOD OIL still producing?
- THOMAS & WOOD OIL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS & WOOD OIL is August 2026.
- How much has THOMAS & WOOD OIL produced?
- THOMAS & WOOD OIL has reported 20,828 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
- How much is THOMAS & WOOD OIL worth?
- The remaining production from THOMAS & WOOD OIL is estimated to be worth about $293K in total as of 27 August 2026, within a range of $161K to $425K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS & WOOD OIL is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS & WOOD OIL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS & WOOD OIL is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS & WOOD OIL generate in a year?
- THOMAS & WOOD OIL is forecast to net about $50K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THOMAS & WOOD OIL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Carthage (Travis Peak) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 15441 |
| Wellbores | 1 |
| Reported production | 20,828 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $293K |
Where THOMAS & WOOD OIL 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.