THREE BAR UNIT
THREE BAR UNIT is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by MW Petroleum Corporation. It has 83 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,909,846 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 $93K, with roughly $17K 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 19 barrels a month. Its strongest month on the record we hold was May 2016, at 320 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 THREE BAR UNIT
- Who operates THREE BAR UNIT?
- THREE BAR UNIT is operated by MW Petroleum Corporation, Railroad Commission of Texas operator number 597371.
- Where is THREE BAR UNIT?
- THREE BAR UNIT is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 06783.
- Is THREE BAR UNIT still producing?
- THREE BAR UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THREE BAR UNIT is August 2026.
- How much has THREE BAR UNIT produced?
- THREE BAR UNIT has reported 1,909,846 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 83 wellbores.
- How much is THREE BAR UNIT worth?
- The remaining production from THREE BAR UNIT is estimated to be worth about $93K in total as of 27 August 2026, within a range of $51K to $136K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THREE BAR UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THREE BAR UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THREE BAR UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THREE BAR UNIT generate in a year?
- THREE BAR UNIT is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THREE BAR UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MW Petroleum Corporation |
|---|---|
| Field | Three Bar (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 06783 |
| Wellbores | 83 |
| Reported production | 1,909,846 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $93K |
Where THREE BAR UNIT 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.