DOUBLE MOUNTAIN 37
DOUBLE MOUNTAIN 37 is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 343,276 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 $3.8M, with roughly $866K 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 1,337 barrels a month. Its strongest month on the record we hold was January 2017, at 2,099 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 DOUBLE MOUNTAIN 37
- Who operates DOUBLE MOUNTAIN 37?
- DOUBLE MOUNTAIN 37 is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is DOUBLE MOUNTAIN 37?
- DOUBLE MOUNTAIN 37 is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69302.
- Is DOUBLE MOUNTAIN 37 still producing?
- DOUBLE MOUNTAIN 37 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUBLE MOUNTAIN 37 is August 2026.
- How much has DOUBLE MOUNTAIN 37 produced?
- DOUBLE MOUNTAIN 37 has reported 343,276 barrels of oil (bbl) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is DOUBLE MOUNTAIN 37 worth?
- The remaining production from DOUBLE MOUNTAIN 37 is estimated to be worth about $3.8M in total as of 26 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUBLE MOUNTAIN 37 is a fraction of it. The estimate fits an Arps decline curve to the production DOUBLE MOUNTAIN 37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUBLE MOUNTAIN 37 is an estimate of value, not an offer and not an appraisal.
- How much income does DOUBLE MOUNTAIN 37 generate in a year?
- DOUBLE MOUNTAIN 37 is forecast to net about $866K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOUBLE MOUNTAIN 37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Spires |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 69302 |
| Wellbores | 1 |
| Reported production | 343,276 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where DOUBLE MOUNTAIN 37 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.