RANCH 3
RANCH 3 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Sandridge Expl. And Prod., LLC. It has 9 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 87,984 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 $1.0M, with roughly $192K 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 211 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was May 2016, at 715 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 RANCH 3
- Who operates RANCH 3?
- RANCH 3 is operated by Sandridge Expl. And Prod., LLC, Railroad Commission of Texas operator number 748011.
- Where is RANCH 3?
- RANCH 3 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42497.
- Is RANCH 3 still producing?
- RANCH 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANCH 3 is August 2026.
- How much has RANCH 3 produced?
- RANCH 3 has reported 87,984 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 9 wellbores.
- How much is RANCH 3 worth?
- The remaining production from RANCH 3 is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $799K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANCH 3 is a fraction of it. The estimate fits an Arps decline curve to the production 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 RANCH 3 is an estimate of value, not an offer and not an appraisal.
- How much income does RANCH 3 generate in a year?
- RANCH 3 is forecast to net about $192K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RANCH 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Expl. And Prod., LLC |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 42497 |
| Wellbores | 9 |
| Reported production | 87,984 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where 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.