BANDIT-WEST WN III
BANDIT-WEST WN III is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Headington Energy Partners, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2020 to August 2026, totalling 236,764 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 $461K, with roughly $289K 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 385 barrels a month. Its strongest month on the record we hold was November 2020, at 17,027 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 BANDIT-WEST WN III
- Who operates BANDIT-WEST WN III?
- BANDIT-WEST WN III is operated by Headington Energy Partners, LLC, Railroad Commission of Texas operator number 370061.
- Where is BANDIT-WEST WN III?
- BANDIT-WEST WN III is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21155.
- Is BANDIT-WEST WN III still producing?
- BANDIT-WEST WN III is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BANDIT-WEST WN III is August 2026.
- How much has BANDIT-WEST WN III produced?
- BANDIT-WEST WN III has reported 236,764 barrels of oil (bbl) to the Railroad Commission of Texas between September 2020 and August 2026, from 1 wellbore.
- How much is BANDIT-WEST WN III worth?
- The remaining production from BANDIT-WEST WN III is estimated to be worth about $461K in total as of 27 August 2026, within a range of $360K to $562K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BANDIT-WEST WN III is a fraction of it. The estimate fits an Arps decline curve to the production BANDIT-WEST WN III has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BANDIT-WEST WN III is an estimate of value, not an offer and not an appraisal.
- How much income does BANDIT-WEST WN III generate in a year?
- BANDIT-WEST WN III is forecast to net about $289K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BANDIT-WEST WN III receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Headington Energy Partners, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21155 |
| Wellbores | 1 |
| Reported production | 236,764 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $461K |
Where BANDIT-WEST WN III 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.