EPLEY-SALE 39R
EPLEY-SALE 39R is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 649,471 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 $244K, with roughly $191K 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 1,191 barrels a month. Its strongest month on the record we hold was April 2018, at 35,595 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 EPLEY-SALE 39R
- Who operates EPLEY-SALE 39R?
- EPLEY-SALE 39R is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is EPLEY-SALE 39R?
- EPLEY-SALE 39R is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50201.
- Is EPLEY-SALE 39R still producing?
- EPLEY-SALE 39R is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EPLEY-SALE 39R is August 2026.
- How much has EPLEY-SALE 39R produced?
- EPLEY-SALE 39R has reported 649,471 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 1 wellbore.
- How much is EPLEY-SALE 39R worth?
- The remaining production from EPLEY-SALE 39R is estimated to be worth about $244K in total as of 27 August 2026, within a range of $202K to $285K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EPLEY-SALE 39R is a fraction of it. The estimate fits an Arps decline curve to the production EPLEY-SALE 39R has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EPLEY-SALE 39R is an estimate of value, not an offer and not an appraisal.
- How much income does EPLEY-SALE 39R generate in a year?
- EPLEY-SALE 39R is forecast to net about $191K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EPLEY-SALE 39R receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 50201 |
| Wellbores | 1 |
| Reported production | 649,471 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $244K |
Where EPLEY-SALE 39R 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.