COODY-THOMPSON

COODY-THOMPSON is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 43,939 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 $179K, with roughly $34K 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 47 barrels a month. Its strongest month on the record we hold was November 2016, at 153 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 COODY-THOMPSON

Who operates COODY-THOMPSON?
COODY-THOMPSON is operated by Delta Oil & Gas Company, Railroad Commission of Texas operator number 213700.
Where is COODY-THOMPSON?
COODY-THOMPSON is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 24033.
Is COODY-THOMPSON still producing?
COODY-THOMPSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COODY-THOMPSON is August 2026.
How much has COODY-THOMPSON produced?
COODY-THOMPSON has reported 43,939 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is COODY-THOMPSON worth?
The remaining production from COODY-THOMPSON is estimated to be worth about $179K in total as of 26 August 2026, within a range of $98K to $259K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COODY-THOMPSON is a fraction of it. The estimate fits an Arps decline curve to the production COODY-THOMPSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COODY-THOMPSON is an estimate of value, not an offer and not an appraisal.
How much income does COODY-THOMPSON generate in a year?
COODY-THOMPSON is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COODY-THOMPSON receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

COODY-THOMPSON as filed with the Railroad Commission of Texas
OperatorDelta Oil & Gas Company
FieldStephens County Regular
CountyStephens County, Texas
RRC district7B
Lease number24033
Wellbores1
Reported production43,939 bbl
First reported
Last reported
Estimated royalty value$179K

Where COODY-THOMPSON 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.