KOONCE NORTH 39-34 UNIT 1

KOONCE NORTH 39-34 UNIT 1 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 4 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 1,637,095 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 $9.3M, with roughly $4.0M 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 6,152 barrels a month, about 1,538 per wellbore. Its strongest month on the record we hold was October 2021, at 81,454 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 KOONCE NORTH 39-34 UNIT 1

Who operates KOONCE NORTH 39-34 UNIT 1?: KOONCE NORTH 39-34 UNIT 1 is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
Where is KOONCE NORTH 39-34 UNIT 1?: KOONCE NORTH 39-34 UNIT 1 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51317.
Is KOONCE NORTH 39-34 UNIT 1 still producing?: KOONCE NORTH 39-34 UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KOONCE NORTH 39-34 UNIT 1 is August 2026.
How much has KOONCE NORTH 39-34 UNIT 1 produced?: KOONCE NORTH 39-34 UNIT 1 has reported 1,637,095 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 4 wellbores.
How much is KOONCE NORTH 39-34 UNIT 1 worth?: The remaining production from KOONCE NORTH 39-34 UNIT 1 is estimated to be worth about $9.3M in total as of 27 August 2026, within a range of $7.7M to $10.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KOONCE NORTH 39-34 UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production KOONCE NORTH 39-34 UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KOONCE NORTH 39-34 UNIT 1 is an estimate of value, not an offer and not an appraisal.
How much income does KOONCE NORTH 39-34 UNIT 1 generate in a year?: KOONCE NORTH 39-34 UNIT 1 is forecast to net about $4.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KOONCE NORTH 39-34 UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KOONCE NORTH 39-34 UNIT 1 as filed with the Railroad Commission of Texas
Operator	Endeavor Energy Resources L.P.
Field	Spraberry (Trend Area)
County	Glasscock County, Texas
RRC district	08
Lease number	51317
Wellbores	4
Reported production	1,637,095 bbl
First reported	November 2018
Last reported	August 2026
Estimated royalty value	$9.3M

Where KOONCE NORTH 39-34 UNIT 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 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.