SESSIONS, THELMA
SESSIONS, THELMA is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 4,192,375 thousand cubic feet. 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 $2.5M, with roughly $410K 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 18,142 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 38,117 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 SESSIONS, THELMA
- Who operates SESSIONS, THELMA?
- SESSIONS, THELMA is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is SESSIONS, THELMA?
- SESSIONS, THELMA is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 222358.
- Is SESSIONS, THELMA still producing?
- SESSIONS, THELMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SESSIONS, THELMA is August 2026.
- How much has SESSIONS, THELMA produced?
- SESSIONS, THELMA has reported 4,192,375 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2006 and August 2026, from 1 wellbore.
- How much is SESSIONS, THELMA worth?
- The remaining production from SESSIONS, THELMA is estimated to be worth about $2.5M in total as of 27 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SESSIONS, THELMA is a fraction of it. The estimate fits an Arps decline curve to the production SESSIONS, THELMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SESSIONS, THELMA is an estimate of value, not an offer and not an appraisal.
- How much income does SESSIONS, THELMA generate in a year?
- SESSIONS, THELMA is forecast to net about $410K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SESSIONS, THELMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 222358 |
| Wellbores | 1 |
| Reported production | 4,192,375 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where SESSIONS, THELMA 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.