HENSON UNIT 3

HENSON UNIT 3 is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Silver Oak Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 229,491 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 $629K, with roughly $213K 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 335 barrels a month. Its strongest month on the record we hold was May 2016, at 2,103 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 HENSON UNIT 3

Who operates HENSON UNIT 3?
HENSON UNIT 3 is operated by Silver Oak Energy, LLC, Railroad Commission of Texas operator number 781874.
Where is HENSON UNIT 3?
HENSON UNIT 3 is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26776.
Is HENSON UNIT 3 still producing?
HENSON UNIT 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENSON UNIT 3 is August 2026.
How much has HENSON UNIT 3 produced?
HENSON UNIT 3 has reported 229,491 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
How much is HENSON UNIT 3 worth?
The remaining production from HENSON UNIT 3 is estimated to be worth about $629K in total as of 27 August 2026, within a range of $491K to $768K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENSON UNIT 3 is a fraction of it. The estimate fits an Arps decline curve to the production HENSON UNIT 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENSON UNIT 3 is an estimate of value, not an offer and not an appraisal.
How much income does HENSON UNIT 3 generate in a year?
HENSON UNIT 3 is forecast to net about $213K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HENSON UNIT 3 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HENSON UNIT 3 as filed with the Railroad Commission of Texas
OperatorSilver Oak Energy, LLC
FieldMadisonville, W. (Woodbine -A-)
CountyMadison County, Texas
RRC district03
Lease number26776
Wellbores1
Reported production229,491 bbl
First reported
Last reported
Estimated royalty value$629K

Where HENSON UNIT 3 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.