THUNDER VALLEY 002 UNIT
THUNDER VALLEY 002 UNIT is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by Three Span Oil & Gas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 18,561 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 $298K, with roughly $57K 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 113 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was September 2021, at 984 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 THUNDER VALLEY 002 UNIT
- Who operates THUNDER VALLEY 002 UNIT?
- THUNDER VALLEY 002 UNIT is operated by Three Span Oil & Gas, Inc., Railroad Commission of Texas operator number 857911.
- Where is THUNDER VALLEY 002 UNIT?
- THUNDER VALLEY 002 UNIT is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54938.
- Is THUNDER VALLEY 002 UNIT still producing?
- THUNDER VALLEY 002 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THUNDER VALLEY 002 UNIT is August 2026.
- How much has THUNDER VALLEY 002 UNIT produced?
- THUNDER VALLEY 002 UNIT has reported 18,561 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 2 wellbores.
- How much is THUNDER VALLEY 002 UNIT worth?
- The remaining production from THUNDER VALLEY 002 UNIT is estimated to be worth about $298K in total as of 26 August 2026, within a range of $232K to $363K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THUNDER VALLEY 002 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THUNDER VALLEY 002 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THUNDER VALLEY 002 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THUNDER VALLEY 002 UNIT generate in a year?
- THUNDER VALLEY 002 UNIT is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THUNDER VALLEY 002 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three Span Oil & Gas, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 54938 |
| Wellbores | 2 |
| Reported production | 18,561 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $298K |
Where THUNDER VALLEY 002 UNIT 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.