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Texas oil lease

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THUNDER VALLEY NORTH

Thunder Valley North is an oil lease in Nolan County, Texas, operated by Extex Operating Company in the Thunder Valley (Canyon Sand) field.

4 wells

2,763bbl oil, last 12 months+4% vs prior year
Operator
Extex Operating Company
County
Nolan County
Field
Thunder Valley (Canyon Sand)
RRC lease
7B-32272

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Where it sits

This county

Nolan CountyNolanTaylorMitchellFisherJonesCokeScurryNolan County
Nolan County
Gas, last 12 months
406 mcf
Oil in Jul 2026
237 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Extex Operating Company took over from Cholla Petroleum, Inc. in Mar 2026.

  • Buyer

    Buyer changed: ETC GAS PROCESSING, LLC replaced WTG GAS PROCESSING, L.P. as the buyer of this lease's gas from oil wells on Aug 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for THUNDER VALLEY NORTH, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 2,763 bbl in the 12 months through Jul 2026, against 2,654 bbl in the 12 months before.Last 12 months: 2,763 bblbbl per monthmcf per month001002002004003006004008005001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for THUNDER VALLEY NORTH, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 2,763 bbl in the 12 months through Jul 2026, against 2,654 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002002004003006004008005001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since May 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of THUNDER VALLEY NORTH gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of THUNDER VALLEY NORTH gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%May 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    69% · 908 mcf

  • Processing plant (3)

    31% · 406 mcf

Who has run this lease

The operator changed once, most recently in Mar 2026

Operators of this lease over timeCholla Petroleum, Inc., Jan 2020 to Feb 2026; Extex Operating Company, Mar 2026 to Jul 20262020202120222023202420252026Changed Mar 2026Cholla Petroleum, Inc.Jan 2020 to Feb 2026Extex Operating CompanyMar 2026 to now
Operators of this lease over timeCholla Petroleum, Inc., Jan 2020 to Feb 2026; Extex Operating Company, Mar 2026 to Jul 20262020202120222023202420252026Changed Mar 2026Cholla Petroleum, Inc.Jan 2020 to Feb 2026Extex Operating CompanyMar 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on THUNDER VALLEY NORTH
API numberWell no.Status
42-353-336442Shut-in
42-353-336504Shut-in
42-353-336645Active
42-353-336766Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Apr 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2025Sep 1, 2025
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2025Sep 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Apr 1, 2023Aug 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 1, 2020Aug 1, 2025
Lechuiglla Compression CompanyCasinghead gasGathers100Sep 1, 2020Apr 1, 2023
Oasis Transp & Marketing Corp.OilGathers100Jun 1, 2021Apr 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

571 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Thunder Valley North
API numberWell no.Acreson the permit
42-353-336766571
42-353-336645571
42-353-336504571
42-353-336442571

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for THUNDER VALLEY NORTH
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating2371743073070$80.46$2.89
Jun 2026Extex Operating22017770700$84.81$3.15
May 2026Extex Operating39035929290$102.13$2.94
Apr 2026Extex Operating232361000$100.32$2.77
Mar 2026Extex Operating244181000$91.38$3.04
Feb 2026Cholla Petroleum,200176000$64.51$3.62
Jan 2026Cholla Petroleum,213173000$60.04$7.72
Dec 2025Cholla Petroleum,230168000$57.97$4.26
Nov 2025Cholla Petroleum,214259000$60.06$3.79
Oct 2025Cholla Petroleum,304211000$60.89$3.19
Sep 2025Cholla Petroleum,105105000$63.96$2.97
Aug 2025Cholla Petroleum,174209000$64.86$2.91
Jul 2025Cholla Petroleum,156208000$68.39$3.20
Jun 2025Cholla Petroleum,198210000$68.17$3.02
May 2025Cholla Petroleum,238105000$62.17$3.12
Apr 2025Cholla Petroleum,218317000$63.54$3.42
Mar 2025Cholla Petroleum,257217000$68.24$4.12
Feb 2025Cholla Petroleum,237215000$71.53$4.19
Jan 2025Cholla Petroleum,24218016160$75.74$4.13
Dec 2024Cholla Petroleum,20117617170$70.12$3.01
Nov 2024Cholla Petroleum,154204000$69.95$2.12
Oct 2024Cholla Petroleum,273316000$71.99$2.20
Sep 2024Cholla Petroleum,261213000$70.24$2.28
Aug 2024Cholla Petroleum,2192101841840$76.68$1.99
Jul 2024Cholla Petroleum,22432143430$81.80$2.07
Jun 2024Cholla Petroleum,311336000$79.77$2.54
May 2024Cholla Petroleum,3492401351350$80.02$2.12
Apr 2024Cholla Petroleum,3183434264260$85.35$1.60
Mar 2024Cholla Petroleum,34833065650$81.28$1.49
Feb 2024Cholla Petroleum,32132614140$77.25$1.72
Jan 2024Cholla Petroleum,312322880$74.15$3.18
Dec 2023Cholla Petroleum,340428000$71.90$2.52
Nov 2023Cholla Petroleum,391312550$77.69$2.71
Oct 2023Cholla Petroleum,43660823230$85.64$2.98
Sep 2023Cholla Petroleum,4192504244240$89.43$2.64
Aug 2023Cholla Petroleum,3013245815810$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorExtex Operating CompanyFieldThunder Valley (Canyon Sand)CountyNolan County

Extex Operating Company in Nolan County

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Thunder Valley (Canyon Sand) field

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