LOS VAQUEROS UNIT 3
LOS VAQUEROS UNIT 3 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Permian Resources Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from March 2024 to August 2026, totalling 315,949 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 $6.5M, with roughly $3.7M 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 8,599 barrels a month, about 1,720 per wellbore. Its strongest month on the record we hold was June 2024, at 30,717 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 LOS VAQUEROS UNIT 3
- Who operates LOS VAQUEROS UNIT 3?
- LOS VAQUEROS UNIT 3 is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is LOS VAQUEROS UNIT 3?
- LOS VAQUEROS UNIT 3 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61031.
- Is LOS VAQUEROS UNIT 3 still producing?
- LOS VAQUEROS UNIT 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOS VAQUEROS UNIT 3 is August 2026.
- How much has LOS VAQUEROS UNIT 3 produced?
- LOS VAQUEROS UNIT 3 has reported 315,949 barrels of oil (bbl) to the Railroad Commission of Texas between March 2024 and August 2026, from 5 wellbores.
- How much is LOS VAQUEROS UNIT 3 worth?
- The remaining production from LOS VAQUEROS UNIT 3 is estimated to be worth about $6.5M in total as of 27 August 2026, within a range of $5.4M to $7.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOS VAQUEROS UNIT 3 is a fraction of it. The estimate fits an Arps decline curve to the production LOS VAQUEROS UNIT 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOS VAQUEROS UNIT 3 is an estimate of value, not an offer and not an appraisal.
- How much income does LOS VAQUEROS UNIT 3 generate in a year?
- LOS VAQUEROS UNIT 3 is forecast to net about $3.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOS VAQUEROS UNIT 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 61031 |
| Wellbores | 5 |
| Reported production | 315,949 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.5M |
Where LOS VAQUEROS UNIT 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.