BIVINS 39
BIVINS 39 is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by J. W. Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 300,008 thousand cubic feet. 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 $18K 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 712 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 1,158 thousand cubic feet. 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 BIVINS 39
- Who operates BIVINS 39?
- BIVINS 39 is operated by J. W. Resources Inc., Railroad Commission of Texas operator number 427974.
- Where is BIVINS 39?
- BIVINS 39 is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 189603.
- Is BIVINS 39 still producing?
- BIVINS 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIVINS 39 is August 2026.
- How much has BIVINS 39 produced?
- BIVINS 39 has reported 300,008 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2002 and August 2026, from 1 wellbore.
- How much is BIVINS 39 worth?
- The remaining production from BIVINS 39 is estimated to be worth about $118K in total as of 27 August 2026, within a range of $92K to $144K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIVINS 39 is a fraction of it. The estimate fits an Arps decline curve to the production BIVINS 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIVINS 39 is an estimate of value, not an offer and not an appraisal.
- How much income does BIVINS 39 generate in a year?
- BIVINS 39 is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BIVINS 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | J. W. Resources Inc. |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 189603 |
| Wellbores | 1 |
| Reported production | 300,008 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where BIVINS 39 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.