IRONWOOD A3 UNIT
IRONWOOD A3 UNIT is a Texas oil lease in Frio County, Railroad Commission district 01, operated by U.S. Energy Development Corp. It has 1 wellbore on file with the Commission. Reported production runs from April 2016 to August 2026, totalling 213,482 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 $1.8M, with roughly $531K 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 805 barrels a month. Its strongest month on the record we hold was June 2016, at 7,707 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 IRONWOOD A3 UNIT
- Who operates IRONWOOD A3 UNIT?
- IRONWOOD A3 UNIT is operated by U.S. Energy Development Corp, Railroad Commission of Texas operator number 875462.
- Where is IRONWOOD A3 UNIT?
- IRONWOOD A3 UNIT is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18855.
- Is IRONWOOD A3 UNIT still producing?
- IRONWOOD A3 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IRONWOOD A3 UNIT is August 2026.
- How much has IRONWOOD A3 UNIT produced?
- IRONWOOD A3 UNIT has reported 213,482 barrels of oil (bbl) to the Railroad Commission of Texas between April 2016 and August 2026, from 1 wellbore.
- How much is IRONWOOD A3 UNIT worth?
- The remaining production from IRONWOOD A3 UNIT is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IRONWOOD A3 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production IRONWOOD A3 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IRONWOOD A3 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does IRONWOOD A3 UNIT generate in a year?
- IRONWOOD A3 UNIT is forecast to net about $531K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IRONWOOD A3 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U.S. Energy Development Corp |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 18855 |
| Wellbores | 1 |
| Reported production | 213,482 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where IRONWOOD A3 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.