GUNPOWDER 21-16 WA3
GUNPOWDER 21-16 WA3 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 252,472 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 $5.6M, 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 1,896 barrels a month. Its strongest month on the record we hold was February 2020, at 14,649 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 GUNPOWDER 21-16 WA3
- Who operates GUNPOWDER 21-16 WA3?
- GUNPOWDER 21-16 WA3 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is GUNPOWDER 21-16 WA3?
- GUNPOWDER 21-16 WA3 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53218.
- Is GUNPOWDER 21-16 WA3 still producing?
- GUNPOWDER 21-16 WA3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUNPOWDER 21-16 WA3 is August 2026.
- How much has GUNPOWDER 21-16 WA3 produced?
- GUNPOWDER 21-16 WA3 has reported 252,472 barrels of oil (bbl) to the Railroad Commission of Texas between July 2019 and August 2026, from 1 wellbore.
- How much is GUNPOWDER 21-16 WA3 worth?
- The remaining production from GUNPOWDER 21-16 WA3 is estimated to be worth about $5.6M in total as of 26 August 2026, within a range of $4.7M to $6.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUNPOWDER 21-16 WA3 is a fraction of it. The estimate fits an Arps decline curve to the production GUNPOWDER 21-16 WA3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUNPOWDER 21-16 WA3 is an estimate of value, not an offer and not an appraisal.
- How much income does GUNPOWDER 21-16 WA3 generate in a year?
- GUNPOWDER 21-16 WA3 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 GUNPOWDER 21-16 WA3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 53218 |
| Wellbores | 1 |
| Reported production | 252,472 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.6M |
Where GUNPOWDER 21-16 WA3 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.