3C UNIT
3C UNIT is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Ricochet Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 140,198 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 $948K, with roughly $277K 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 439 barrels a month, about 219 per wellbore. Its strongest month on the record we hold was January 2023, at 1,927 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 3C UNIT
- Who operates 3C UNIT?
- 3C UNIT is operated by Ricochet Energy, Inc., Railroad Commission of Texas operator number 710549.
- Where is 3C UNIT?
- 3C UNIT is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16225.
- Is 3C UNIT still producing?
- 3C UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for 3C UNIT is August 2026.
- How much has 3C UNIT produced?
- 3C UNIT has reported 140,198 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 2 wellbores.
- How much is 3C UNIT worth?
- The remaining production from 3C UNIT is estimated to be worth about $948K in total as of 26 August 2026, within a range of $739K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in 3C UNIT is a fraction of it. The estimate fits an Arps decline curve to the production 3C UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for 3C UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does 3C UNIT generate in a year?
- 3C UNIT is forecast to net about $277K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in 3C UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ricochet Energy, Inc. |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 16225 |
| Wellbores | 2 |
| Reported production | 140,198 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $948K |
Where 3C 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.