COURSON RANCH 3
COURSON RANCH 3 is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Alpar Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 6,453 barrels. The lease is intermittent. 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 $31K, with roughly $4K 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 2 barrels a month. Its strongest month on the record we hold was January 2021, at 129 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 COURSON RANCH 3
- Who operates COURSON RANCH 3?
- COURSON RANCH 3 is operated by Alpar Resources, Inc., Railroad Commission of Texas operator number 015100.
- Where is COURSON RANCH 3?
- COURSON RANCH 3 is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07368.
- Is COURSON RANCH 3 still producing?
- COURSON RANCH 3 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for COURSON RANCH 3 is August 2026.
- How much has COURSON RANCH 3 produced?
- COURSON RANCH 3 has reported 6,453 barrels of oil (bbl) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
- How much is COURSON RANCH 3 worth?
- The remaining production from COURSON RANCH 3 is estimated to be worth about $31K in total as of 26 August 2026, within a range of $0 to $62K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURSON RANCH 3 is a fraction of it. The estimate fits an Arps decline curve to the production COURSON RANCH 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURSON RANCH 3 is an estimate of value, not an offer and not an appraisal.
- How much income does COURSON RANCH 3 generate in a year?
- COURSON RANCH 3 is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COURSON RANCH 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Alpar Resources, Inc. |
|---|---|
| Field | Lips (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 07368 |
| Wellbores | 1 |
| Reported production | 6,453 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where COURSON RANCH 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.