BEAM, THELMA
BEAM, THELMA is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Cass Energy Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 66,420 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 $33K, with roughly $6K 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 29 barrels a month. Its strongest month on the record we hold was June 2024, at 482 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 BEAM, THELMA
- Who operates BEAM, THELMA?
- BEAM, THELMA is operated by Cass Energy Corp, Railroad Commission of Texas operator number 139611.
- Where is BEAM, THELMA?
- BEAM, THELMA is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 08999.
- Is BEAM, THELMA still producing?
- BEAM, THELMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAM, THELMA is August 2026.
- How much has BEAM, THELMA produced?
- BEAM, THELMA has reported 66,420 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BEAM, THELMA worth?
- The remaining production from BEAM, THELMA is estimated to be worth about $33K in total as of 27 August 2026, within a range of $18K to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAM, THELMA is a fraction of it. The estimate fits an Arps decline curve to the production BEAM, THELMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAM, THELMA is an estimate of value, not an offer and not an appraisal.
- How much income does BEAM, THELMA generate in a year?
- BEAM, THELMA is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BEAM, THELMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cass Energy Corp |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 08999 |
| Wellbores | 1 |
| Reported production | 66,420 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where BEAM, THELMA 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.