THARP, J. W.
THARP, J. W. is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Goopco, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,373 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 $226K, with roughly $40K 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 44 barrels a month. Its strongest month on the record we hold was March 2023, at 143 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 THARP, J. W.
- Who operates THARP, J. W.?
- THARP, J. W. is operated by Goopco, Inc., Railroad Commission of Texas operator number 315960.
- Where is THARP, J. W.?
- THARP, J. W. is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 11468.
- Is THARP, J. W. still producing?
- THARP, J. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THARP, J. W. is August 2026.
- How much has THARP, J. W. produced?
- THARP, J. W. has reported 22,373 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is THARP, J. W. worth?
- The remaining production from THARP, J. W. is estimated to be worth about $226K in total as of 27 August 2026, within a range of $124K to $327K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THARP, J. W. is a fraction of it. The estimate fits an Arps decline curve to the production THARP, J. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THARP, J. W. is an estimate of value, not an offer and not an appraisal.
- How much income does THARP, J. W. generate in a year?
- THARP, J. W. is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THARP, J. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goopco, Inc. |
|---|---|
| Field | Kelton (Caddo Upper) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 11468 |
| Wellbores | 1 |
| Reported production | 22,373 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $226K |
Where THARP, J. W. 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.