RHINO UNIT 37N
RHINO UNIT 37N is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 218,646 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 $731K, with roughly $264K 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 477 barrels a month. Its strongest month on the record we hold was May 2016, at 3,469 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 RHINO UNIT 37N
- Who operates RHINO UNIT 37N?
- RHINO UNIT 37N is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is RHINO UNIT 37N?
- RHINO UNIT 37N is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46631.
- Is RHINO UNIT 37N still producing?
- RHINO UNIT 37N is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RHINO UNIT 37N is August 2026.
- How much has RHINO UNIT 37N produced?
- RHINO UNIT 37N has reported 218,646 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 1 wellbore.
- How much is RHINO UNIT 37N worth?
- The remaining production from RHINO UNIT 37N is estimated to be worth about $731K in total as of 27 August 2026, within a range of $570K to $892K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RHINO UNIT 37N is a fraction of it. The estimate fits an Arps decline curve to the production RHINO UNIT 37N has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RHINO UNIT 37N is an estimate of value, not an offer and not an appraisal.
- How much income does RHINO UNIT 37N generate in a year?
- RHINO UNIT 37N is forecast to net about $264K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RHINO UNIT 37N 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 | 46631 |
| Wellbores | 1 |
| Reported production | 218,646 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $731K |
Where RHINO UNIT 37N 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.