THOM
THOM is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by L & B Operating Co., Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,364 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 $15K, with roughly $3K 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 2 barrels a month. Its strongest month on the record we hold was May 2016, at 92 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
- Who operates THOM?
- THOM is operated by L & B Operating Co., Inc., Railroad Commission of Texas operator number 479413.
- Where is THOM?
- THOM is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 05625.
- Is THOM still producing?
- THOM is intermittent. The most recent month of production reported to the Railroad Commission of Texas for THOM is August 2026.
- How much has THOM produced?
- THOM has reported 44,364 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is THOM worth?
- The remaining production from THOM is estimated to be worth about $15K in total as of 27 August 2026, within a range of $0 to $30K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOM is a fraction of it. The estimate fits an Arps decline curve to the production THOM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOM is an estimate of value, not an offer and not an appraisal.
- How much income does THOM generate in a year?
- THOM is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THOM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L & B Operating Co., Inc. |
|---|---|
| Field | Wichita County Regular |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 05625 |
| Wellbores | 12 |
| Reported production | 44,364 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where THOM 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.