WILLIAMS 39
WILLIAMS 39 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 30,714 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 $671K, with roughly $129K 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 167 barrels a month. Its strongest month on the record we hold was March 2017, at 350 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 WILLIAMS 39
- Who operates WILLIAMS 39?
- WILLIAMS 39 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is WILLIAMS 39?
- WILLIAMS 39 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17450.
- Is WILLIAMS 39 still producing?
- WILLIAMS 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLIAMS 39 is August 2026.
- How much has WILLIAMS 39 produced?
- WILLIAMS 39 has reported 30,714 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 1 wellbore.
- How much is WILLIAMS 39 worth?
- The remaining production from WILLIAMS 39 is estimated to be worth about $671K in total as of 27 August 2026, within a range of $523K to $818K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLIAMS 39 is a fraction of it. The estimate fits an Arps decline curve to the production WILLIAMS 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLIAMS 39 is an estimate of value, not an offer and not an appraisal.
- How much income does WILLIAMS 39 generate in a year?
- WILLIAMS 39 is forecast to net about $129K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WILLIAMS 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Holt Ranch (Consolidated) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 17450 |
| Wellbores | 1 |
| Reported production | 30,714 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $671K |
Where WILLIAMS 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.