CAMPBELL WEST SN 134-321 03
CAMPBELL WEST SN 134-321 03 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 5 wellbores on file with the Commission. Reported production runs from April 2017 to August 2026, totalling 1,384,700 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 $602K, with roughly $423K 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 1,213 barrels a month, about 243 per wellbore. Its strongest month on the record we hold was July 2017, at 94,573 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 CAMPBELL WEST SN 134-321 03
- Who operates CAMPBELL WEST SN 134-321 03?
- CAMPBELL WEST SN 134-321 03 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is CAMPBELL WEST SN 134-321 03?
- CAMPBELL WEST SN 134-321 03 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49189.
- Is CAMPBELL WEST SN 134-321 03 still producing?
- CAMPBELL WEST SN 134-321 03 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAMPBELL WEST SN 134-321 03 is August 2026.
- How much has CAMPBELL WEST SN 134-321 03 produced?
- CAMPBELL WEST SN 134-321 03 has reported 1,384,700 barrels of oil (bbl) to the Railroad Commission of Texas between April 2017 and August 2026, from 5 wellbores.
- How much is CAMPBELL WEST SN 134-321 03 worth?
- The remaining production from CAMPBELL WEST SN 134-321 03 is estimated to be worth about $602K in total as of 27 August 2026, within a range of $500K to $705K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAMPBELL WEST SN 134-321 03 is a fraction of it. The estimate fits an Arps decline curve to the production CAMPBELL WEST SN 134-321 03 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAMPBELL WEST SN 134-321 03 is an estimate of value, not an offer and not an appraisal.
- How much income does CAMPBELL WEST SN 134-321 03 generate in a year?
- CAMPBELL WEST SN 134-321 03 is forecast to net about $423K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CAMPBELL WEST SN 134-321 03 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 49189 |
| Wellbores | 5 |
| Reported production | 1,384,700 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $602K |
Where CAMPBELL WEST SN 134-321 03 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.