ARABIAN 3
ARABIAN 3 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 7,919 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 $96K, with roughly $19K 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 28 barrels a month. Its strongest month on the record we hold was February 2018, at 243 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 ARABIAN 3
- Who operates ARABIAN 3?
- ARABIAN 3 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ARABIAN 3?
- ARABIAN 3 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46966.
- Is ARABIAN 3 still producing?
- ARABIAN 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARABIAN 3 is August 2026.
- How much has ARABIAN 3 produced?
- ARABIAN 3 has reported 7,919 barrels of oil (bbl) to the Railroad Commission of Texas between April 2015 and August 2026, from 1 wellbore.
- How much is ARABIAN 3 worth?
- The remaining production from ARABIAN 3 is estimated to be worth about $96K in total as of 26 August 2026, within a range of $53K to $140K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARABIAN 3 is a fraction of it. The estimate fits an Arps decline curve to the production ARABIAN 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARABIAN 3 is an estimate of value, not an offer and not an appraisal.
- How much income does ARABIAN 3 generate in a year?
- ARABIAN 3 is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ARABIAN 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Block A-34 (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 46966 |
| Wellbores | 1 |
| Reported production | 7,919 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $96K |
Where ARABIAN 3 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.