BARNETT NO. 3 UNIT
BARNETT NO. 3 UNIT is a Texas oil lease in Young County, Railroad Commission district 09, operated by Itx Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 1999 to August 2026, totalling 13,611 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $4K, with roughly $688 expected over the next twelve months.
| Operator | Itx Corporation |
|---|---|
| Field | Barnett (Congl 4500) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 29620 |
| Wellbores | 1 |
| Reported production | 13,611 bbl |
| First reported | February 1999 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.