HESTER 39
HESTER 39 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Apache Corporation. It has 4 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 60,955 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 $306K, with roughly $49K 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 50 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was July 2024, at 419 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HESTER 39
- Who operates HESTER 39?
- HESTER 39 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is HESTER 39?
- HESTER 39 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41913.
- Is HESTER 39 still producing?
- HESTER 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HESTER 39 is August 2026.
- How much has HESTER 39 produced?
- HESTER 39 has reported 60,955 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 4 wellbores.
- How much is HESTER 39 worth?
- The remaining production from HESTER 39 is estimated to be worth about $306K in total as of 27 August 2026, within a range of $169K to $444K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HESTER 39 is a fraction of it. The estimate fits an Arps decline curve to the production HESTER 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HESTER 39 is an estimate of value, not an offer and not an appraisal.
- How much income does HESTER 39 generate in a year?
- HESTER 39 is forecast to net about $49K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HESTER 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 41913 |
| Wellbores | 4 |
| Reported production | 60,955 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $306K |
Where HESTER 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.