MAYSE 3068
MAYSE 3068 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Three Rivers Operating Co LLC. It has 12 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 154,083 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 $1.1M, with roughly $201K 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 255 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was August 2017, at 1,331 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 MAYSE 3068
- Who operates MAYSE 3068?
- MAYSE 3068 is operated by Three Rivers Operating Co LLC, Railroad Commission of Texas operator number 857758.
- Where is MAYSE 3068?
- MAYSE 3068 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17826.
- Is MAYSE 3068 still producing?
- MAYSE 3068 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYSE 3068 is August 2026.
- How much has MAYSE 3068 produced?
- MAYSE 3068 has reported 154,083 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 12 wellbores.
- How much is MAYSE 3068 worth?
- The remaining production from MAYSE 3068 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $893K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYSE 3068 is a fraction of it. The estimate fits an Arps decline curve to the production MAYSE 3068 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYSE 3068 is an estimate of value, not an offer and not an appraisal.
- How much income does MAYSE 3068 generate in a year?
- MAYSE 3068 is forecast to net about $201K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAYSE 3068 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three Rivers Operating Co LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 17826 |
| Wellbores | 12 |
| Reported production | 154,083 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MAYSE 3068 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.