JE PEUGH 3
JE PEUGH 3 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Linn Operating, Inc. It has 4 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 134,201 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 $235K, with roughly $45K 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 56 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was October 2019, at 1,953 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 JE PEUGH 3
- Who operates JE PEUGH 3?
- JE PEUGH 3 is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
- Where is JE PEUGH 3?
- JE PEUGH 3 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44152.
- Is JE PEUGH 3 still producing?
- JE PEUGH 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JE PEUGH 3 is August 2026.
- How much has JE PEUGH 3 produced?
- JE PEUGH 3 has reported 134,201 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 4 wellbores.
- How much is JE PEUGH 3 worth?
- The remaining production from JE PEUGH 3 is estimated to be worth about $235K in total as of 27 August 2026, within a range of $130K to $341K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JE PEUGH 3 is a fraction of it. The estimate fits an Arps decline curve to the production JE PEUGH 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JE PEUGH 3 is an estimate of value, not an offer and not an appraisal.
- How much income does JE PEUGH 3 generate in a year?
- JE PEUGH 3 is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JE PEUGH 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Linn Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 44152 |
| Wellbores | 4 |
| Reported production | 134,201 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $235K |
Where JE PEUGH 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.