TXL-V "39"

TXL-V "39" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Discovery Operating, Inc. It has 8 wellbores on file with the Commission. Reported production runs from September 2000 to August 2026, totalling 368,515 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $47K, with roughly $15K expected over the next twelve months.

OperatorDiscovery Operating, Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number36408
Wellbores8
Reported production368,515 bbl
First reportedSeptember 2000
Last reportedAugust 2026
Estimated royalty value$47K

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.