CR "G",TRACT 3C
CR "G",TRACT 3C is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Primexx Operating Corporation. It has 5 wellbores on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 443,917 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 $3.1M, with roughly $700K 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 1,052 barrels a month, about 210 per wellbore. Its strongest month on the record we hold was May 2016, at 2,283 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 CR "G",TRACT 3C
- Who operates CR "G",TRACT 3C?
- CR "G",TRACT 3C is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is CR "G",TRACT 3C?
- CR "G",TRACT 3C is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69636.
- Is CR "G",TRACT 3C still producing?
- CR "G",TRACT 3C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CR "G",TRACT 3C is August 2026.
- How much has CR "G",TRACT 3C produced?
- CR "G",TRACT 3C has reported 443,917 barrels of oil (bbl) to the Railroad Commission of Texas between October 2010 and August 2026, from 5 wellbores.
- How much is CR "G",TRACT 3C worth?
- The remaining production from CR "G",TRACT 3C is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CR "G",TRACT 3C is a fraction of it. The estimate fits an Arps decline curve to the production CR "G",TRACT 3C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CR "G",TRACT 3C is an estimate of value, not an offer and not an appraisal.
- How much income does CR "G",TRACT 3C generate in a year?
- CR "G",TRACT 3C is forecast to net about $700K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CR "G",TRACT 3C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Peg'S Draw (Mississippian) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69636 |
| Wellbores | 5 |
| Reported production | 443,917 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where CR "G",TRACT 3C 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.