DRILLY IDOL B3
DRILLY IDOL B3 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 85,511 barrels. The lease is intermittent. 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 $35.3M, with roughly $7.9M 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 6,255 barrels a month. Its strongest month on the record we hold was March 2026, at 23,865 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 DRILLY IDOL B3
- Who operates DRILLY IDOL B3?
- DRILLY IDOL B3 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is DRILLY IDOL B3?
- DRILLY IDOL B3 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23233.
- Is DRILLY IDOL B3 still producing?
- DRILLY IDOL B3 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DRILLY IDOL B3 is August 2026.
- How much has DRILLY IDOL B3 produced?
- DRILLY IDOL B3 has reported 85,511 barrels of oil (bbl) to the Railroad Commission of Texas between June 2025 and August 2026, from 1 wellbore.
- How much is DRILLY IDOL B3 worth?
- The remaining production from DRILLY IDOL B3 is estimated to be worth about $35.3M in total as of 26 August 2026, within a range of $29.3M to $41.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRILLY IDOL B3 is a fraction of it. The estimate fits an Arps decline curve to the production DRILLY IDOL B3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRILLY IDOL B3 is an estimate of value, not an offer and not an appraisal.
- How much income does DRILLY IDOL B3 generate in a year?
- DRILLY IDOL B3 is forecast to net about $7.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRILLY IDOL B3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 23233 |
| Wellbores | 1 |
| Reported production | 85,511 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $35.3M |
Where DRILLY IDOL B3 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.