L. A. WAKEFIELD GU NO. 3
L. A. WAKEFIELD GU NO. 3 is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Parten Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 836,523 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 $23K, with roughly $9K 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 540 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 1,695 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 L. A. WAKEFIELD GU NO. 3
- Who operates L. A. WAKEFIELD GU NO. 3?
- L. A. WAKEFIELD GU NO. 3 is operated by Parten Oil Co., Railroad Commission of Texas operator number 642715.
- Where is L. A. WAKEFIELD GU NO. 3?
- L. A. WAKEFIELD GU NO. 3 is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 113253.
- Is L. A. WAKEFIELD GU NO. 3 still producing?
- L. A. WAKEFIELD GU NO. 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for L. A. WAKEFIELD GU NO. 3 is August 2026.
- How much has L. A. WAKEFIELD GU NO. 3 produced?
- L. A. WAKEFIELD GU NO. 3 has reported 836,523 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is L. A. WAKEFIELD GU NO. 3 worth?
- The remaining production from L. A. WAKEFIELD GU NO. 3 is estimated to be worth about $23K in total as of 27 August 2026, within a range of $18K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in L. A. WAKEFIELD GU NO. 3 is a fraction of it. The estimate fits an Arps decline curve to the production L. A. WAKEFIELD GU NO. 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for L. A. WAKEFIELD GU NO. 3 is an estimate of value, not an offer and not an appraisal.
- How much income does L. A. WAKEFIELD GU NO. 3 generate in a year?
- L. A. WAKEFIELD GU NO. 3 is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in L. A. WAKEFIELD GU NO. 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parten Oil Co. |
|---|---|
| Field | Fort Trinidad, W. (Glen Rose,Up) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 113253 |
| Wellbores | 1 |
| Reported production | 836,523 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where L. A. WAKEFIELD GU NO. 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.