DFK 319G
DFK 319G is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 874,771 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 $9.7M, with roughly $1.9M 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 2,170 barrels a month, about 1,085 per wellbore. Its strongest month on the record we hold was May 2018, at 55,595 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 DFK 319G
- Who operates DFK 319G?
- DFK 319G is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is DFK 319G?
- DFK 319G is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50807.
- Is DFK 319G still producing?
- DFK 319G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DFK 319G is August 2026.
- How much has DFK 319G produced?
- DFK 319G has reported 874,771 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 2 wellbores.
- How much is DFK 319G worth?
- The remaining production from DFK 319G is estimated to be worth about $9.7M in total as of 27 August 2026, within a range of $8.0M to $11.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DFK 319G is a fraction of it. The estimate fits an Arps decline curve to the production DFK 319G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DFK 319G is an estimate of value, not an offer and not an appraisal.
- How much income does DFK 319G generate in a year?
- DFK 319G is forecast to net about $1.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DFK 319G 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 | Martin County, Texas |
| RRC district | 08 |
| Lease number | 50807 |
| Wellbores | 2 |
| Reported production | 874,771 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.7M |
Where DFK 319G 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.