CLARK 3
CLARK 3 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Lario Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 297,857 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 $2.2M, with roughly $697K 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 1,175 barrels a month. Its strongest month on the record we hold was March 2019, at 19,885 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 CLARK 3
- Who operates CLARK 3?
- CLARK 3 is operated by Lario Oil & Gas Company, Railroad Commission of Texas operator number 486710.
- Where is CLARK 3?
- CLARK 3 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53865.
- Is CLARK 3 still producing?
- CLARK 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLARK 3 is August 2026.
- How much has CLARK 3 produced?
- CLARK 3 has reported 297,857 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 1 wellbore.
- How much is CLARK 3 worth?
- The remaining production from CLARK 3 is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.8M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLARK 3 is a fraction of it. The estimate fits an Arps decline curve to the production CLARK 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLARK 3 is an estimate of value, not an offer and not an appraisal.
- How much income does CLARK 3 generate in a year?
- CLARK 3 is forecast to net about $697K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLARK 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lario Oil & Gas Company |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 53865 |
| Wellbores | 1 |
| Reported production | 297,857 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where CLARK 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.