COPPER CREEK A3
COPPER CREEK A3 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from March 2023 to August 2026, totalling 198,972 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 $476K, with roughly $391K 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 1,687 barrels a month. Its strongest month on the record we hold was April 2023, at 40,465 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 COPPER CREEK A3
- Who operates COPPER CREEK A3?
- COPPER CREEK A3 is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is COPPER CREEK A3?
- COPPER CREEK A3 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59777.
- Is COPPER CREEK A3 still producing?
- COPPER CREEK A3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COPPER CREEK A3 is August 2026.
- How much has COPPER CREEK A3 produced?
- COPPER CREEK A3 has reported 198,972 barrels of oil (bbl) to the Railroad Commission of Texas between March 2023 and August 2026, from 1 wellbore.
- How much is COPPER CREEK A3 worth?
- The remaining production from COPPER CREEK A3 is estimated to be worth about $476K in total as of 27 August 2026, within a range of $395K to $557K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COPPER CREEK A3 is a fraction of it. The estimate fits an Arps decline curve to the production COPPER CREEK A3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COPPER CREEK A3 is an estimate of value, not an offer and not an appraisal.
- How much income does COPPER CREEK A3 generate in a year?
- COPPER CREEK A3 is forecast to net about $391K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COPPER CREEK A3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 59777 |
| Wellbores | 1 |
| Reported production | 198,972 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $476K |
Where COPPER CREEK A3 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.