FARMAR 2
FARMAR 2 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Three Rivers Operating Co LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 22,909 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 $167K, with roughly $29K 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 31 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was December 2017, at 389 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 FARMAR 2
- Who operates FARMAR 2?
- FARMAR 2 is operated by Three Rivers Operating Co LLC, Railroad Commission of Texas operator number 857758.
- Where is FARMAR 2?
- FARMAR 2 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17507.
- Is FARMAR 2 still producing?
- FARMAR 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARMAR 2 is August 2026.
- How much has FARMAR 2 produced?
- FARMAR 2 has reported 22,909 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 2 wellbores.
- How much is FARMAR 2 worth?
- The remaining production from FARMAR 2 is estimated to be worth about $167K in total as of 27 August 2026, within a range of $92K to $242K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARMAR 2 is a fraction of it. The estimate fits an Arps decline curve to the production FARMAR 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARMAR 2 is an estimate of value, not an offer and not an appraisal.
- How much income does FARMAR 2 generate in a year?
- FARMAR 2 is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FARMAR 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three Rivers Operating Co LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 17507 |
| Wellbores | 2 |
| Reported production | 22,909 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $167K |
Where FARMAR 2 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.