OAK HILL GAS UNIT 3
OAK HILL GAS UNIT 3 is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Amax Oil & Gas Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,091,783 thousand cubic feet. 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 $88K, with roughly $18K 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 854 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 3,561 thousand cubic feet. 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 OAK HILL GAS UNIT 3
- Who operates OAK HILL GAS UNIT 3?
- OAK HILL GAS UNIT 3 is operated by Amax Oil & Gas Inc., Railroad Commission of Texas operator number 016859.
- Where is OAK HILL GAS UNIT 3?
- OAK HILL GAS UNIT 3 is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 108774.
- Is OAK HILL GAS UNIT 3 still producing?
- OAK HILL GAS UNIT 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OAK HILL GAS UNIT 3 is August 2026.
- How much has OAK HILL GAS UNIT 3 produced?
- OAK HILL GAS UNIT 3 has reported 1,091,783 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is OAK HILL GAS UNIT 3 worth?
- The remaining production from OAK HILL GAS UNIT 3 is estimated to be worth about $88K in total as of 27 August 2026, within a range of $69K to $107K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OAK HILL GAS UNIT 3 is a fraction of it. The estimate fits an Arps decline curve to the production OAK HILL GAS UNIT 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OAK HILL GAS UNIT 3 is an estimate of value, not an offer and not an appraisal.
- How much income does OAK HILL GAS UNIT 3 generate in a year?
- OAK HILL GAS UNIT 3 is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OAK HILL GAS UNIT 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amax Oil & Gas Inc. |
|---|---|
| Field | Oak Hill, S.(Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 108774 |
| Wellbores | 1 |
| Reported production | 1,091,783 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $88K |
Where OAK HILL GAS UNIT 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.