THUNDER VALLEY 240B UNIT
THUNDER VALLEY 240B 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 January 2020 to August 2026, totalling 501,511 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 $5.8M, with roughly $1.3M 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 1,754 barrels a month. Its strongest month on the record we hold was March 2020, at 44,949 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 240B UNIT
- Who operates THUNDER VALLEY 240B UNIT?
- THUNDER VALLEY 240B UNIT is operated by Three Span Oil & Gas, Inc., Railroad Commission of Texas operator number 857911.
- Where is THUNDER VALLEY 240B UNIT?
- THUNDER VALLEY 240B UNIT is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53961.
- Is THUNDER VALLEY 240B UNIT still producing?
- THUNDER VALLEY 240B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THUNDER VALLEY 240B UNIT is August 2026.
- How much has THUNDER VALLEY 240B UNIT produced?
- THUNDER VALLEY 240B UNIT has reported 501,511 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 1 wellbore.
- How much is THUNDER VALLEY 240B UNIT worth?
- The remaining production from THUNDER VALLEY 240B UNIT is estimated to be worth about $5.8M in total as of 26 August 2026, within a range of $4.8M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THUNDER VALLEY 240B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THUNDER VALLEY 240B 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 240B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THUNDER VALLEY 240B UNIT generate in a year?
- THUNDER VALLEY 240B UNIT is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THUNDER VALLEY 240B 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 | 53961 |
| Wellbores | 1 |
| Reported production | 501,511 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where THUNDER VALLEY 240B 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.