MACY-LOTT 3
MACY-LOTT 3 is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Smith Energy Operating Company. It has 4 wellbores on file with the Commission. Reported production runs from October 2015 to August 2026, totalling 222,794 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 $2.2M, with roughly $719K 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 1,059 barrels a month, about 265 per wellbore. Its strongest month on the record we hold was May 2016, at 4,002 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 MACY-LOTT 3
- Who operates MACY-LOTT 3?
- MACY-LOTT 3 is operated by Smith Energy Operating Company, Railroad Commission of Texas operator number 790956.
- Where is MACY-LOTT 3?
- MACY-LOTT 3 is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70396.
- Is MACY-LOTT 3 still producing?
- MACY-LOTT 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MACY-LOTT 3 is August 2026.
- How much has MACY-LOTT 3 produced?
- MACY-LOTT 3 has reported 222,794 barrels of oil (bbl) to the Railroad Commission of Texas between October 2015 and August 2026, from 4 wellbores.
- How much is MACY-LOTT 3 worth?
- The remaining production from MACY-LOTT 3 is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.8M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MACY-LOTT 3 is a fraction of it. The estimate fits an Arps decline curve to the production MACY-LOTT 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MACY-LOTT 3 is an estimate of value, not an offer and not an appraisal.
- How much income does MACY-LOTT 3 generate in a year?
- MACY-LOTT 3 is forecast to net about $719K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MACY-LOTT 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smith Energy Operating Company |
|---|---|
| Field | Coulter (Spraberry) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 70396 |
| Wellbores | 4 |
| Reported production | 222,794 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where MACY-LOTT 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.