WALKING O C3-28
WALKING O C3-28 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 450,123 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 $6.3M, with roughly $1.4M 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 1,450 barrels a month, about 725 per wellbore. Its strongest month on the record we hold was May 2016, at 10,913 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 WALKING O C3-28
- Who operates WALKING O C3-28?
- WALKING O C3-28 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is WALKING O C3-28?
- WALKING O C3-28 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46679.
- Is WALKING O C3-28 still producing?
- WALKING O C3-28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALKING O C3-28 is August 2026.
- How much has WALKING O C3-28 produced?
- WALKING O C3-28 has reported 450,123 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 2 wellbores.
- How much is WALKING O C3-28 worth?
- The remaining production from WALKING O C3-28 is estimated to be worth about $6.3M in total as of 26 August 2026, within a range of $5.2M to $7.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALKING O C3-28 is a fraction of it. The estimate fits an Arps decline curve to the production WALKING O C3-28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALKING O C3-28 is an estimate of value, not an offer and not an appraisal.
- How much income does WALKING O C3-28 generate in a year?
- WALKING O C3-28 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALKING O C3-28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 46679 |
| Wellbores | 2 |
| Reported production | 450,123 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.3M |
Where WALKING O C3-28 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.