THREE BAR SHALLOW UNIT
THREE BAR SHALLOW UNIT is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Apache Corporation. It has 23 wellbores on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 6,757,379 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 $26.7M, with roughly $6.5M 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 8,702 barrels a month, about 378 per wellbore. Its strongest month on the record we hold was October 2016, at 55,021 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 THREE BAR SHALLOW UNIT
- Who operates THREE BAR SHALLOW UNIT?
- THREE BAR SHALLOW UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is THREE BAR SHALLOW UNIT?
- THREE BAR SHALLOW UNIT is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43190.
- Is THREE BAR SHALLOW UNIT still producing?
- THREE BAR SHALLOW UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THREE BAR SHALLOW UNIT is August 2026.
- How much has THREE BAR SHALLOW UNIT produced?
- THREE BAR SHALLOW UNIT has reported 6,757,379 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 23 wellbores.
- How much is THREE BAR SHALLOW UNIT worth?
- The remaining production from THREE BAR SHALLOW UNIT is estimated to be worth about $26.7M in total as of 26 August 2026, within a range of $22.2M to $31.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THREE BAR SHALLOW UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THREE BAR SHALLOW UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THREE BAR SHALLOW UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THREE BAR SHALLOW UNIT generate in a year?
- THREE BAR SHALLOW UNIT is forecast to net about $6.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THREE BAR SHALLOW UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Three Bar (Wichita) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 43190 |
| Wellbores | 23 |
| Reported production | 6,757,379 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $26.7M |
Where THREE BAR SHALLOW UNIT 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.