LB EPLEY NS 39-46 05

LB EPLEY NS 39-46 05 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 450,904 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 $1.5M, with roughly $403K 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 405 barrels a month, about 203 per wellbore. Its strongest month on the record we hold was June 2016, at 7,904 barrels. 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 LB EPLEY NS 39-46 05

Who operates LB EPLEY NS 39-46 05?: LB EPLEY NS 39-46 05 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
Where is LB EPLEY NS 39-46 05?: LB EPLEY NS 39-46 05 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47045.
Is LB EPLEY NS 39-46 05 still producing?: LB EPLEY NS 39-46 05 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LB EPLEY NS 39-46 05 is August 2026.
How much has LB EPLEY NS 39-46 05 produced?: LB EPLEY NS 39-46 05 has reported 450,904 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 2 wellbores.
How much is LB EPLEY NS 39-46 05 worth?: The remaining production from LB EPLEY NS 39-46 05 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LB EPLEY NS 39-46 05 is a fraction of it. The estimate fits an Arps decline curve to the production LB EPLEY NS 39-46 05 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LB EPLEY NS 39-46 05 is an estimate of value, not an offer and not an appraisal.
How much income does LB EPLEY NS 39-46 05 generate in a year?: LB EPLEY NS 39-46 05 is forecast to net about $403K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LB EPLEY NS 39-46 05 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LB EPLEY NS 39-46 05 as filed with the Railroad Commission of Texas
Operator	Energen Resources Corporation
Field	Spraberry (Trend Area)
County	Midland County, Texas
RRC district	08
Lease number	47045
Wellbores	2
Reported production	450,904 bbl
First reported	May 2015
Last reported	August 2026
Estimated royalty value	$1.5M

Where LB EPLEY NS 39-46 05 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.