LAIRD, MACK OIL UNIT #3
LAIRD, MACK OIL UNIT #3 is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Long Trusts, The. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,433 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 $160K, with roughly $31K 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 44 barrels a month. Its strongest month on the record we hold was February 2023, at 331 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LAIRD, MACK OIL UNIT #3
- Who operates LAIRD, MACK OIL UNIT #3?
- LAIRD, MACK OIL UNIT #3 is operated by Long Trusts, The, Railroad Commission of Texas operator number 507585.
- Where is LAIRD, MACK OIL UNIT #3?
- LAIRD, MACK OIL UNIT #3 is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12365.
- Is LAIRD, MACK OIL UNIT #3 still producing?
- LAIRD, MACK OIL UNIT #3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAIRD, MACK OIL UNIT #3 is August 2026.
- How much has LAIRD, MACK OIL UNIT #3 produced?
- LAIRD, MACK OIL UNIT #3 has reported 21,433 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LAIRD, MACK OIL UNIT #3 worth?
- The remaining production from LAIRD, MACK OIL UNIT #3 is estimated to be worth about $160K in total as of 26 August 2026, within a range of $88K to $232K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAIRD, MACK OIL UNIT #3 is a fraction of it. The estimate fits an Arps decline curve to the production LAIRD, MACK OIL 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 LAIRD, MACK OIL UNIT #3 is an estimate of value, not an offer and not an appraisal.
- How much income does LAIRD, MACK OIL UNIT #3 generate in a year?
- LAIRD, MACK OIL UNIT #3 is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAIRD, MACK OIL UNIT #3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Long Trusts, The |
|---|---|
| Field | Wright Mountain (Pettit, Lower) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 12365 |
| Wellbores | 1 |
| Reported production | 21,433 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $160K |
Where LAIRD, MACK OIL 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.