THOM B1

THOM B1 is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Landrum West, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,266 barrels. The lease is intermittent. 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 $3K, with roughly $621 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 barrels a month. Its strongest month on the record we hold was November 2021, at 95 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 THOM B1

Who operates THOM B1?
THOM B1 is operated by Landrum West, Inc., Railroad Commission of Texas operator number 484730.
Where is THOM B1?
THOM B1 is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 27680.
Is THOM B1 still producing?
THOM B1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for THOM B1 is August 2026.
How much has THOM B1 produced?
THOM B1 has reported 8,266 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is THOM B1 worth?
The remaining production from THOM B1 is estimated to be worth about $3K in total as of 27 August 2026, within a range of $0 to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOM B1 is a fraction of it. The estimate fits an Arps decline curve to the production THOM B1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOM B1 is an estimate of value, not an offer and not an appraisal.
How much income does THOM B1 generate in a year?
THOM B1 is forecast to net about $621 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THOM B1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

THOM B1 as filed with the Railroad Commission of Texas
OperatorLandrum West, Inc.
FieldWichita County Regular
CountyWichita County, Texas
RRC district09
Lease number27680
Wellbores1
Reported production8,266 bbl
First reported
Last reported
Estimated royalty value$3K

Where THOM B1 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.