THOMAS OIL UNIT
THOMAS OIL UNIT is a Texas oil lease in Willacy County, Railroad Commission district 04, operated by Dewbre Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 139,299 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 $189K, with roughly $62K 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 827 barrels a month. Its strongest month on the record we hold was September 2025, at 1,947 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 OIL UNIT
- Who operates THOMAS OIL UNIT?
- THOMAS OIL UNIT is operated by Dewbre Petroleum Corporation, Railroad Commission of Texas operator number 216748.
- Where is THOMAS OIL UNIT?
- THOMAS OIL UNIT is a Texas oil lease in Willacy County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 13963.
- Is THOMAS OIL UNIT still producing?
- THOMAS OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS OIL UNIT is August 2026.
- How much has THOMAS OIL UNIT produced?
- THOMAS OIL UNIT has reported 139,299 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 1 wellbore.
- How much is THOMAS OIL UNIT worth?
- The remaining production from THOMAS OIL UNIT is estimated to be worth about $189K in total as of 26 August 2026, within a range of $147K to $230K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS OIL UNIT generate in a year?
- THOMAS OIL UNIT is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMAS OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dewbre Petroleum Corporation |
|---|---|
| Field | Riggan (F-8) |
| County | Willacy County, Texas |
| RRC district | 04 |
| Lease number | 13963 |
| Wellbores | 1 |
| Reported production | 139,299 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $189K |
Where THOMAS OIL UNIT 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.