SOUTHWEST 39-34 (ALLOC-B)
SOUTHWEST 39-34 (ALLOC-B) is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 261,963 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $116K, with roughly $31K expected over the next twelve months.
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55822 |
| Wellbores | 1 |
| Reported production | 261,963 bbl |
| First reported | March 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $116K |
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.