WRIGHT 39-46 4WA
WRIGHT 39-46 4WA is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Grenadier Energy Partners II,LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2019 to August 2026, totalling 192,790 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 $1.1M, with roughly $361K 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 399 barrels a month. Its strongest month on the record we hold was January 2020, at 25,644 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 WRIGHT 39-46 4WA
- Who operates WRIGHT 39-46 4WA?
- WRIGHT 39-46 4WA is operated by Grenadier Energy Partners II,LLC, Railroad Commission of Texas operator number 332472.
- Where is WRIGHT 39-46 4WA?
- WRIGHT 39-46 4WA is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54195.
- Is WRIGHT 39-46 4WA still producing?
- WRIGHT 39-46 4WA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT 39-46 4WA is August 2026.
- How much has WRIGHT 39-46 4WA produced?
- WRIGHT 39-46 4WA has reported 192,790 barrels of oil (bbl) to the Railroad Commission of Texas between November 2019 and August 2026, from 1 wellbore.
- How much is WRIGHT 39-46 4WA worth?
- The remaining production from WRIGHT 39-46 4WA is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $836K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT 39-46 4WA is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT 39-46 4WA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT 39-46 4WA is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT 39-46 4WA generate in a year?
- WRIGHT 39-46 4WA is forecast to net about $361K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WRIGHT 39-46 4WA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grenadier Energy Partners II,LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 54195 |
| Wellbores | 1 |
| Reported production | 192,790 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where WRIGHT 39-46 4WA 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.