MOODY 39
MOODY 39 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Parker & Parsley Development Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 175,503 thousand cubic feet. 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 $27K, with roughly $3K 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 160 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 349 thousand cubic feet. 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 MOODY 39
- Who operates MOODY 39?
- MOODY 39 is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is MOODY 39?
- MOODY 39 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 078798.
- Is MOODY 39 still producing?
- MOODY 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOODY 39 is August 2026.
- How much has MOODY 39 produced?
- MOODY 39 has reported 175,503 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MOODY 39 worth?
- The remaining production from MOODY 39 is estimated to be worth about $27K in total as of 27 August 2026, within a range of $21K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOODY 39 is a fraction of it. The estimate fits an Arps decline curve to the production MOODY 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOODY 39 is an estimate of value, not an offer and not an appraisal.
- How much income does MOODY 39 generate in a year?
- MOODY 39 is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MOODY 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 078798 |
| Wellbores | 1 |
| Reported production | 175,503 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where MOODY 39 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.