THOMAS-WATSON
THOMAS-WATSON is a Texas gas lease in Young County, Railroad Commission district 09, operated by Duncan Land & Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 90,254 thousand cubic feet. 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 $52K, with roughly $7K 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 200 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 507 thousand cubic feet. 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-WATSON
- Who operates THOMAS-WATSON?
- THOMAS-WATSON is operated by Duncan Land & Exploration, Inc., Railroad Commission of Texas operator number 232290.
- Where is THOMAS-WATSON?
- THOMAS-WATSON is a Texas gas lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 224114.
- Is THOMAS-WATSON still producing?
- THOMAS-WATSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS-WATSON is August 2026.
- How much has THOMAS-WATSON produced?
- THOMAS-WATSON has reported 90,254 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2006 and August 2026, from 1 wellbore.
- How much is THOMAS-WATSON worth?
- The remaining production from THOMAS-WATSON is estimated to be worth about $52K in total as of 27 August 2026, within a range of $41K to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS-WATSON is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS-WATSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOMAS-WATSON is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS-WATSON generate in a year?
- THOMAS-WATSON is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THOMAS-WATSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Duncan Land & Exploration, Inc. |
|---|---|
| Field | Roye (Miss.) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 224114 |
| Wellbores | 1 |
| Reported production | 90,254 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where THOMAS-WATSON 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.