CORBETS A3
CORBETS A3 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2024 to August 2026, totalling 216,177 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 $10.8M, with roughly $4.7M 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 8,402 barrels a month. Its strongest month on the record we hold was August 2024, at 18,217 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 CORBETS A3
- Who operates CORBETS A3?
- CORBETS A3 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is CORBETS A3?
- CORBETS A3 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63596.
- Is CORBETS A3 still producing?
- CORBETS A3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORBETS A3 is August 2026.
- How much has CORBETS A3 produced?
- CORBETS A3 has reported 216,177 barrels of oil (bbl) to the Railroad Commission of Texas between July 2024 and August 2026, from 1 wellbore.
- How much is CORBETS A3 worth?
- The remaining production from CORBETS A3 is estimated to be worth about $10.8M in total as of 26 August 2026, within a range of $9.0M to $12.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORBETS A3 is a fraction of it. The estimate fits an Arps decline curve to the production CORBETS A3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORBETS A3 is an estimate of value, not an offer and not an appraisal.
- How much income does CORBETS A3 generate in a year?
- CORBETS A3 is forecast to net about $4.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORBETS A3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 63596 |
| Wellbores | 1 |
| Reported production | 216,177 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.8M |
Where CORBETS A3 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.