CORBY #3 GAS UNIT
CORBY #3 GAS UNIT is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Carr Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 1999 to August 2026, totalling 131,126 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 $34K, with roughly $4K 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 185 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 1,148 thousand cubic feet. 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 CORBY #3 GAS UNIT
- Who operates CORBY #3 GAS UNIT?
- CORBY #3 GAS UNIT is operated by Carr Resources, Inc., Railroad Commission of Texas operator number 135180.
- Where is CORBY #3 GAS UNIT?
- CORBY #3 GAS UNIT is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 177930.
- Is CORBY #3 GAS UNIT still producing?
- CORBY #3 GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORBY #3 GAS UNIT is August 2026.
- How much has CORBY #3 GAS UNIT produced?
- CORBY #3 GAS UNIT has reported 131,126 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1999 and August 2026, from 1 wellbore.
- How much is CORBY #3 GAS UNIT worth?
- The remaining production from CORBY #3 GAS UNIT is estimated to be worth about $34K in total as of 27 August 2026, within a range of $27K to $42K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORBY #3 GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CORBY #3 GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORBY #3 GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CORBY #3 GAS UNIT generate in a year?
- CORBY #3 GAS UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CORBY #3 GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carr Resources, Inc. |
|---|---|
| Field | Lac (Rodessa 8200) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 177930 |
| Wellbores | 1 |
| Reported production | 131,126 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $34K |
Where CORBY #3 GAS 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.