THOMAS, R.O. "A"
THOMAS, R.O. "A" is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Spartan Oil Corporation. It has 3 wellbores on file with the Commission. Reported production runs from April 1993 to August 2026, totalling 169,197 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 $736K, with roughly $188K 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 271 barrels a month, about 90 per wellbore. Its strongest month on the record we hold was October 2018, at 498 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 THOMAS, R.O. "A"
- Who operates THOMAS, R.O. "A"?
- THOMAS, R.O. "A" is operated by Spartan Oil Corporation, Railroad Commission of Texas operator number 807860.
- Where is THOMAS, R.O. "A"?
- THOMAS, R.O. "A" is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26872.
- Is THOMAS, R.O. "A" still producing?
- THOMAS, R.O. "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS, R.O. "A" is August 2026.
- How much has THOMAS, R.O. "A" produced?
- THOMAS, R.O. "A" has reported 169,197 barrels of oil (bbl) to the Railroad Commission of Texas between April 1993 and August 2026, from 3 wellbores.
- How much is THOMAS, R.O. "A" worth?
- The remaining production from THOMAS, R.O. "A" is estimated to be worth about $736K in total as of 26 August 2026, within a range of $574K to $897K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS, R.O. "A" is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS, R.O. "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS, R.O. "A" is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS, R.O. "A" generate in a year?
- THOMAS, R.O. "A" is forecast to net about $188K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMAS, R.O. "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spartan Oil Corporation |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 26872 |
| Wellbores | 3 |
| Reported production | 169,197 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $736K |
Where THOMAS, R.O. "A" 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.