FLOYD
FLOYD is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 2 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 340,400 barrels. The lease is intermittent. 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 $693, with roughly $131 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 0 barrels a month. Its strongest month on the record we hold was October 2016, at 9,845 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 FLOYD
- Who operates FLOYD?
- FLOYD is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is FLOYD?
- FLOYD is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40375.
- Is FLOYD still producing?
- FLOYD is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FLOYD is August 2026.
- How much has FLOYD produced?
- FLOYD has reported 340,400 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 2 wellbores.
- How much is FLOYD worth?
- The remaining production from FLOYD is estimated to be worth about $693 in total as of 26 August 2026, within a range of $0 to $1K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLOYD is a fraction of it. The estimate fits an Arps decline curve to the production FLOYD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLOYD is an estimate of value, not an offer and not an appraisal.
- How much income does FLOYD generate in a year?
- FLOYD is forecast to net about $131 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLOYD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 40375 |
| Wellbores | 2 |
| Reported production | 340,400 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $693 |
Where FLOYD 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.