TUBB 39GG
TUBB 39GG is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 235,803 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 $326K, with roughly $203K 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 166 barrels a month. Its strongest month on the record we hold was May 2016, at 8,173 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 TUBB 39GG
- Who operates TUBB 39GG?
- TUBB 39GG is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is TUBB 39GG?
- TUBB 39GG is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47480.
- Is TUBB 39GG still producing?
- TUBB 39GG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TUBB 39GG is August 2026.
- How much has TUBB 39GG produced?
- TUBB 39GG has reported 235,803 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
- How much is TUBB 39GG worth?
- The remaining production from TUBB 39GG is estimated to be worth about $326K in total as of 26 August 2026, within a range of $254K to $397K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TUBB 39GG is a fraction of it. The estimate fits an Arps decline curve to the production TUBB 39GG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TUBB 39GG is an estimate of value, not an offer and not an appraisal.
- How much income does TUBB 39GG generate in a year?
- TUBB 39GG is forecast to net about $203K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TUBB 39GG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 47480 |
| Wellbores | 1 |
| Reported production | 235,803 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $326K |
Where TUBB 39GG 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.