THREE B
THREE B is a Texas gas lease in Erath County, Railroad Commission district 09, operated by Carrizo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 817,273 thousand cubic feet. 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 $422K, with roughly $64K 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 2,779 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 8,133 thousand cubic feet. 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 THREE B
- Who operates THREE B?
- THREE B is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is THREE B?
- THREE B is a Texas gas lease in Erath County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 257594.
- Is THREE B still producing?
- THREE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THREE B is August 2026.
- How much has THREE B produced?
- THREE B has reported 817,273 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is THREE B worth?
- The remaining production from THREE B is estimated to be worth about $422K in total as of 27 August 2026, within a range of $350K to $494K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THREE B is a fraction of it. The estimate fits an Arps decline curve to the production THREE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THREE B is an estimate of value, not an offer and not an appraisal.
- How much income does THREE B generate in a year?
- THREE B is forecast to net about $64K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THREE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo Oil & Gas, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Erath County, Texas |
| RRC district | 09 |
| Lease number | 257594 |
| Wellbores | 1 |
| Reported production | 817,273 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $422K |
Where THREE B 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.