CULPEPPER UNIT NO. 3
CULPEPPER UNIT NO. 3 is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Penn Virginia Oil & Gas, L.P. It has 4 wellbores on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 698,387 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $152K, with roughly $39K expected over the next twelve months.
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 17870 |
| Wellbores | 4 |
| Reported production | 698,387 bbl |
| First reported | July 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $152K |
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.