BALL AL03
BALL AL03 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Discovery Natural Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 130,979 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 $3.5M, with roughly $781K 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 798 barrels a month. Its strongest month on the record we hold was September 2020, at 12,444 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 BALL AL03
- Who operates BALL AL03?
- BALL AL03 is operated by Discovery Natural Resources LLC, Railroad Commission of Texas operator number 220855.
- Where is BALL AL03?
- BALL AL03 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20538.
- Is BALL AL03 still producing?
- BALL AL03 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALL AL03 is August 2026.
- How much has BALL AL03 produced?
- BALL AL03 has reported 130,979 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is BALL AL03 worth?
- The remaining production from BALL AL03 is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.7M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALL AL03 is a fraction of it. The estimate fits an Arps decline curve to the production BALL AL03 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALL AL03 is an estimate of value, not an offer and not an appraisal.
- How much income does BALL AL03 generate in a year?
- BALL AL03 is forecast to net about $781K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BALL AL03 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Natural Resources LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20538 |
| Wellbores | 1 |
| Reported production | 130,979 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where BALL AL03 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.