THUNDER VALLEY 234 UNIT
THUNDER VALLEY 234 UNIT is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by Three Span Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2022 to August 2026, totalling 162,945 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 $670K, with roughly $382K 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 1,011 barrels a month. Its strongest month on the record we hold was February 2022, at 10,760 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 234 UNIT
- Who operates THUNDER VALLEY 234 UNIT?
- THUNDER VALLEY 234 UNIT is operated by Three Span Oil & Gas, Inc., Railroad Commission of Texas operator number 857911.
- Where is THUNDER VALLEY 234 UNIT?
- THUNDER VALLEY 234 UNIT is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58154.
- Is THUNDER VALLEY 234 UNIT still producing?
- THUNDER VALLEY 234 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THUNDER VALLEY 234 UNIT is August 2026.
- How much has THUNDER VALLEY 234 UNIT produced?
- THUNDER VALLEY 234 UNIT has reported 162,945 barrels of oil (bbl) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is THUNDER VALLEY 234 UNIT worth?
- The remaining production from THUNDER VALLEY 234 UNIT is estimated to be worth about $670K in total as of 26 August 2026, within a range of $556K to $784K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THUNDER VALLEY 234 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THUNDER VALLEY 234 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 234 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THUNDER VALLEY 234 UNIT generate in a year?
- THUNDER VALLEY 234 UNIT is forecast to net about $382K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THUNDER VALLEY 234 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 | 58154 |
| Wellbores | 1 |
| Reported production | 162,945 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $670K |
Where THUNDER VALLEY 234 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.