THOMAS UNIT
THOMAS UNIT is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Echo Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,594 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 $146K, with roughly $24K 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 23 barrels a month. Its strongest month on the record we hold was March 2018, at 67 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 THOMAS UNIT
- Who operates THOMAS UNIT?
- THOMAS UNIT is operated by Echo Production, Inc., Railroad Commission of Texas operator number 240125.
- Where is THOMAS UNIT?
- THOMAS UNIT is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 19492.
- Is THOMAS UNIT still producing?
- THOMAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS UNIT is August 2026.
- How much has THOMAS UNIT produced?
- THOMAS UNIT has reported 12,594 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is THOMAS UNIT worth?
- The remaining production from THOMAS UNIT is estimated to be worth about $146K in total as of 26 August 2026, within a range of $80K to $211K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS 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 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS UNIT generate in a year?
- THOMAS UNIT is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Echo Production, Inc. |
|---|---|
| Field | Younger, W (Caddo Congl. Lo A) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 19492 |
| Wellbores | 1 |
| Reported production | 12,594 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $146K |
Where THOMAS 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.