DW SP3 AW

DW SP3 AW is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Blackbrush O & G, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2023 to August 2026, totalling 105,841 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 $2.2M, with roughly $650K 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 986 barrels a month. Its strongest month on the record we hold was April 2023, at 12,322 barrels. 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 DW SP3 AW

Who operates DW SP3 AW?
DW SP3 AW is operated by Blackbrush O & G, LLC, Railroad Commission of Texas operator number 073059.
Where is DW SP3 AW?
DW SP3 AW is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20981.
Is DW SP3 AW still producing?
DW SP3 AW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DW SP3 AW is August 2026.
How much has DW SP3 AW produced?
DW SP3 AW has reported 105,841 barrels of oil (bbl) to the Railroad Commission of Texas between March 2023 and August 2026, from 1 wellbore.
How much is DW SP3 AW worth?
The remaining production from DW SP3 AW is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DW SP3 AW is a fraction of it. The estimate fits an Arps decline curve to the production DW SP3 AW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DW SP3 AW is an estimate of value, not an offer and not an appraisal.
How much income does DW SP3 AW generate in a year?
DW SP3 AW is forecast to net about $650K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DW SP3 AW receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DW SP3 AW as filed with the Railroad Commission of Texas
OperatorBlackbrush O & G, LLC
FieldA.W.P. (Olmos)
CountyMcmullen County, Texas
RRC district01
Lease number20981
Wellbores1
Reported production105,841 bbl
First reported
Last reported
Estimated royalty value$2.2M

Where DW SP3 AW 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.