HIGHLAND AC S3047
HIGHLAND AC S3047 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Triple Crown Resources, LLC. It has 4 wellbores on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 422,525 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 $25.4M, with roughly $10.1M 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 33,913 barrels a month, about 8,478 per wellbore. Its strongest month on the record we hold was June 2025, at 81,655 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HIGHLAND AC S3047
- Who operates HIGHLAND AC S3047?
- HIGHLAND AC S3047 is operated by Triple Crown Resources, LLC, Railroad Commission of Texas operator number 870372.
- Where is HIGHLAND AC S3047?
- HIGHLAND AC S3047 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23024.
- Is HIGHLAND AC S3047 still producing?
- HIGHLAND AC S3047 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIGHLAND AC S3047 is August 2026.
- How much has HIGHLAND AC S3047 produced?
- HIGHLAND AC S3047 has reported 422,525 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 4 wellbores.
- How much is HIGHLAND AC S3047 worth?
- The remaining production from HIGHLAND AC S3047 is estimated to be worth about $25.4M in total as of 26 August 2026, within a range of $20.9M to $30.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIGHLAND AC S3047 is a fraction of it. The estimate fits an Arps decline curve to the production HIGHLAND AC S3047 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIGHLAND AC S3047 is an estimate of value, not an offer and not an appraisal.
- How much income does HIGHLAND AC S3047 generate in a year?
- HIGHLAND AC S3047 is forecast to net about $10.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HIGHLAND AC S3047 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Triple Crown Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 23024 |
| Wellbores | 4 |
| Reported production | 422,525 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25.4M |
Where HIGHLAND AC S3047 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.