THREE AMIGOS
THREE AMIGOS is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2016 to August 2026, totalling 99,175 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 $768K, with roughly $118K 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 92 barrels a month. Its strongest month on the record we hold was June 2016, at 22,321 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 THREE AMIGOS
- Who operates THREE AMIGOS?
- THREE AMIGOS is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is THREE AMIGOS?
- THREE AMIGOS is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27214.
- Is THREE AMIGOS still producing?
- THREE AMIGOS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THREE AMIGOS is August 2026.
- How much has THREE AMIGOS produced?
- THREE AMIGOS has reported 99,175 barrels of oil (bbl) to the Railroad Commission of Texas between March 2016 and August 2026, from 1 wellbore.
- How much is THREE AMIGOS worth?
- The remaining production from THREE AMIGOS is estimated to be worth about $768K in total as of 26 August 2026, within a range of $422K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THREE AMIGOS is a fraction of it. The estimate fits an Arps decline curve to the production THREE AMIGOS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THREE AMIGOS is an estimate of value, not an offer and not an appraisal.
- How much income does THREE AMIGOS generate in a year?
- THREE AMIGOS is forecast to net about $118K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THREE AMIGOS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Fort Trinidad, East (Buda) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27214 |
| Wellbores | 1 |
| Reported production | 99,175 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $768K |
Where THREE AMIGOS 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.