DUKE BOYS 3
DUKE BOYS 3 is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Short Oil Co. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,131 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 $406K, with roughly $78K 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 92 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was January 2026, at 141 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 DUKE BOYS 3
- Who operates DUKE BOYS 3?
- DUKE BOYS 3 is operated by Short Oil Co., Railroad Commission of Texas operator number 778785.
- Where is DUKE BOYS 3?
- DUKE BOYS 3 is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 11736.
- Is DUKE BOYS 3 still producing?
- DUKE BOYS 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUKE BOYS 3 is August 2026.
- How much has DUKE BOYS 3 produced?
- DUKE BOYS 3 has reported 26,131 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is DUKE BOYS 3 worth?
- The remaining production from DUKE BOYS 3 is estimated to be worth about $406K in total as of 27 August 2026, within a range of $223K to $589K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUKE BOYS 3 is a fraction of it. The estimate fits an Arps decline curve to the production DUKE BOYS 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUKE BOYS 3 is an estimate of value, not an offer and not an appraisal.
- How much income does DUKE BOYS 3 generate in a year?
- DUKE BOYS 3 is forecast to net about $78K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DUKE BOYS 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Short Oil Co. |
|---|---|
| Field | Salt Flat, West |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 11736 |
| Wellbores | 3 |
| Reported production | 26,131 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $406K |
Where DUKE BOYS 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.