YORK, J. F. TR. #3
YORK, J. F. TR. #3 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Pennzoil Petroleum Company. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 112,036 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 $118K, with roughly $23K 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 31 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was March 2017, at 336 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 YORK, J. F. TR. #3
- Who operates YORK, J. F. TR. #3?
- YORK, J. F. TR. #3 is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is YORK, J. F. TR. #3?
- YORK, J. F. TR. #3 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 07291.
- Is YORK, J. F. TR. #3 still producing?
- YORK, J. F. TR. #3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for YORK, J. F. TR. #3 is August 2026.
- How much has YORK, J. F. TR. #3 produced?
- YORK, J. F. TR. #3 has reported 112,036 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 11 wellbores.
- How much is YORK, J. F. TR. #3 worth?
- The remaining production from YORK, J. F. TR. #3 is estimated to be worth about $118K in total as of 27 August 2026, within a range of $65K to $171K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in YORK, J. F. TR. #3 is a fraction of it. The estimate fits an Arps decline curve to the production YORK, J. F. TR. #3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for YORK, J. F. TR. #3 is an estimate of value, not an offer and not an appraisal.
- How much income does YORK, J. F. TR. #3 generate in a year?
- YORK, J. F. TR. #3 is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in YORK, J. F. TR. #3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Ward, South |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 07291 |
| Wellbores | 11 |
| Reported production | 112,036 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where YORK, J. F. TR. #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.