AVERITT, W.T. III
AVERITT, W.T. III is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 43,185 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 $142K, with roughly $25K 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. Its strongest month on the record we hold was October 2021, at 233 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 AVERITT, W.T. III
- Who operates AVERITT, W.T. III?
- AVERITT, W.T. III is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is AVERITT, W.T. III?
- AVERITT, W.T. III is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29247.
- Is AVERITT, W.T. III still producing?
- AVERITT, W.T. III is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AVERITT, W.T. III is August 2026.
- How much has AVERITT, W.T. III produced?
- AVERITT, W.T. III has reported 43,185 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is AVERITT, W.T. III worth?
- The remaining production from AVERITT, W.T. III is estimated to be worth about $142K in total as of 26 August 2026, within a range of $78K to $206K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AVERITT, W.T. III is a fraction of it. The estimate fits an Arps decline curve to the production AVERITT, W.T. III has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AVERITT, W.T. III is an estimate of value, not an offer and not an appraisal.
- How much income does AVERITT, W.T. III generate in a year?
- AVERITT, W.T. III is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AVERITT, W.T. III receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Moose (Wolfcamp) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 29247 |
| Wellbores | 1 |
| Reported production | 43,185 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $142K |
Where AVERITT, W.T. III 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.