ALTURA 10-3 UNIT
ALTURA 10-3 UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy USA WTP LP. It has 3 wellbores on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 895,286 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 $6.9M, with roughly $3.2M 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 6,147 barrels a month, about 2,049 per wellbore. Its strongest month on the record we hold was April 2022, at 105,386 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 ALTURA 10-3 UNIT
- Who operates ALTURA 10-3 UNIT?
- ALTURA 10-3 UNIT is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is ALTURA 10-3 UNIT?
- ALTURA 10-3 UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56791.
- Is ALTURA 10-3 UNIT still producing?
- ALTURA 10-3 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALTURA 10-3 UNIT is August 2026.
- How much has ALTURA 10-3 UNIT produced?
- ALTURA 10-3 UNIT has reported 895,286 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 3 wellbores.
- How much is ALTURA 10-3 UNIT worth?
- The remaining production from ALTURA 10-3 UNIT is estimated to be worth about $6.9M in total as of 27 August 2026, within a range of $5.7M to $8.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALTURA 10-3 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ALTURA 10-3 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALTURA 10-3 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ALTURA 10-3 UNIT generate in a year?
- ALTURA 10-3 UNIT is forecast to net about $3.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ALTURA 10-3 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 56791 |
| Wellbores | 3 |
| Reported production | 895,286 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.9M |
Where ALTURA 10-3 UNIT 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.