SOUTHWEST 39-34 (ALLOC-C)
SOUTHWEST 39-34 (ALLOC-C) is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 427,627 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 $83K, with roughly $32K expected over the next twelve months.
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55823 |
| Wellbores | 2 |
| Reported production | 427,627 bbl |
| First reported | April 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $83K |
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.