SIMPSON CANYON 3027 UNIT
SIMPSON CANYON 3027 UNIT is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Bluegrass Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2006 to August 2026, totalling 396,900 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 $873K, with roughly $168K 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 120 barrels a month. Its strongest month on the record we hold was July 2018, at 601 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 SIMPSON CANYON 3027 UNIT
- Who operates SIMPSON CANYON 3027 UNIT?
- SIMPSON CANYON 3027 UNIT is operated by Bluegrass Energy, Inc., Railroad Commission of Texas operator number 076848.
- Where is SIMPSON CANYON 3027 UNIT?
- SIMPSON CANYON 3027 UNIT is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15966.
- Is SIMPSON CANYON 3027 UNIT still producing?
- SIMPSON CANYON 3027 UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SIMPSON CANYON 3027 UNIT is August 2026.
- How much has SIMPSON CANYON 3027 UNIT produced?
- SIMPSON CANYON 3027 UNIT has reported 396,900 barrels of oil (bbl) to the Railroad Commission of Texas between January 2006 and August 2026, from 1 wellbore.
- How much is SIMPSON CANYON 3027 UNIT worth?
- The remaining production from SIMPSON CANYON 3027 UNIT is estimated to be worth about $873K in total as of 27 August 2026, within a range of $681K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SIMPSON CANYON 3027 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SIMPSON CANYON 3027 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SIMPSON CANYON 3027 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SIMPSON CANYON 3027 UNIT generate in a year?
- SIMPSON CANYON 3027 UNIT is forecast to net about $168K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SIMPSON CANYON 3027 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bluegrass Energy, Inc. |
|---|---|
| Field | Bluegrass (Wolfcamp) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 15966 |
| Wellbores | 1 |
| Reported production | 396,900 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $873K |
Where SIMPSON CANYON 3027 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.