ALEXANDER NO. 3 OIL UNIT
ALEXANDER NO. 3 OIL UNIT is a Texas oil lease in Orange County, Railroad Commission district 03, operated by Samson Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 320,134 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 $1.1M, with roughly $243K 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 332 barrels a month. Its strongest month on the record we hold was November 2017, at 2,900 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 ALEXANDER NO. 3 OIL UNIT
- Who operates ALEXANDER NO. 3 OIL UNIT?
- ALEXANDER NO. 3 OIL UNIT is operated by Samson Exploration, LLC, Railroad Commission of Texas operator number 744835.
- Where is ALEXANDER NO. 3 OIL UNIT?
- ALEXANDER NO. 3 OIL UNIT is a Texas oil lease in Orange County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26259.
- Is ALEXANDER NO. 3 OIL UNIT still producing?
- ALEXANDER NO. 3 OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALEXANDER NO. 3 OIL UNIT is August 2026.
- How much has ALEXANDER NO. 3 OIL UNIT produced?
- ALEXANDER NO. 3 OIL UNIT has reported 320,134 barrels of oil (bbl) to the Railroad Commission of Texas between October 2012 and August 2026, from 1 wellbore.
- How much is ALEXANDER NO. 3 OIL UNIT worth?
- The remaining production from ALEXANDER NO. 3 OIL UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $870K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALEXANDER NO. 3 OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ALEXANDER NO. 3 OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALEXANDER NO. 3 OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ALEXANDER NO. 3 OIL UNIT generate in a year?
- ALEXANDER NO. 3 OIL UNIT is forecast to net about $243K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALEXANDER NO. 3 OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Exploration, LLC |
|---|---|
| Field | Maple Gap (Ey1) |
| County | Orange County, Texas |
| RRC district | 03 |
| Lease number | 26259 |
| Wellbores | 1 |
| Reported production | 320,134 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where ALEXANDER NO. 3 OIL 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.