SMITH, ODESSA MOON
SMITH, ODESSA MOON is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Three P Operating Company. It has 3 wellbores on file with the Commission. Reported production runs from November 1994 to August 2026, totalling 8,975 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 $219K, with roughly $33K 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 15 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was March 2019, at 62 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 SMITH, ODESSA MOON
- Who operates SMITH, ODESSA MOON?
- SMITH, ODESSA MOON is operated by Three P Operating Company, Railroad Commission of Texas operator number 857737.
- Where is SMITH, ODESSA MOON?
- SMITH, ODESSA MOON is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 27362.
- Is SMITH, ODESSA MOON still producing?
- SMITH, ODESSA MOON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, ODESSA MOON is August 2026.
- How much has SMITH, ODESSA MOON produced?
- SMITH, ODESSA MOON has reported 8,975 barrels of oil (bbl) to the Railroad Commission of Texas between November 1994 and August 2026, from 3 wellbores.
- How much is SMITH, ODESSA MOON worth?
- The remaining production from SMITH, ODESSA MOON is estimated to be worth about $219K in total as of 26 August 2026, within a range of $120K to $317K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, ODESSA MOON is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, ODESSA MOON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, ODESSA MOON is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, ODESSA MOON generate in a year?
- SMITH, ODESSA MOON is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, ODESSA MOON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three P Operating Company |
|---|---|
| Field | Walker-Davis (Congl. 3960) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 27362 |
| Wellbores | 3 |
| Reported production | 8,975 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $219K |
Where SMITH, ODESSA MOON 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.