TOE BY 3 OCLOCK
TOE BY 3 OCLOCK is a Texas oil lease in Wilson County, Railroad Commission district 01, operated by Warwick-Artemis, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2025 to August 2026, totalling 77,366 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 $3.4M, with roughly $3.1M 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 13,907 barrels a month. Its strongest month on the record we hold was December 2025, at 18,083 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TOE BY 3 OCLOCK
- Who operates TOE BY 3 OCLOCK?
- TOE BY 3 OCLOCK is operated by Warwick-Artemis, LLC, Railroad Commission of Texas operator number 899023.
- Where is TOE BY 3 OCLOCK?
- TOE BY 3 OCLOCK is a Texas oil lease in Wilson County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21900.
- Is TOE BY 3 OCLOCK still producing?
- TOE BY 3 OCLOCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOE BY 3 OCLOCK is August 2026.
- How much has TOE BY 3 OCLOCK produced?
- TOE BY 3 OCLOCK has reported 77,366 barrels of oil (bbl) to the Railroad Commission of Texas between December 2025 and August 2026, from 1 wellbore.
- How much is TOE BY 3 OCLOCK worth?
- The remaining production from TOE BY 3 OCLOCK is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.8M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOE BY 3 OCLOCK is a fraction of it. The estimate fits an Arps decline curve to the production TOE BY 3 OCLOCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOE BY 3 OCLOCK is an estimate of value, not an offer and not an appraisal.
- How much income does TOE BY 3 OCLOCK generate in a year?
- TOE BY 3 OCLOCK is forecast to net about $3.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOE BY 3 OCLOCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Warwick-Artemis, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Wilson County, Texas |
| RRC district | 01 |
| Lease number | 21900 |
| Wellbores | 1 |
| Reported production | 77,366 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where TOE BY 3 OCLOCK 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.