CAMPBELL 39
CAMPBELL 39 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 6,694,002 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 $2.5M, with roughly $445K 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 13,686 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 93,674 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CAMPBELL 39
- Who operates CAMPBELL 39?
- CAMPBELL 39 is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is CAMPBELL 39?
- CAMPBELL 39 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278083.
- Is CAMPBELL 39 still producing?
- CAMPBELL 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAMPBELL 39 is August 2026.
- How much has CAMPBELL 39 produced?
- CAMPBELL 39 has reported 6,694,002 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is CAMPBELL 39 worth?
- The remaining production from CAMPBELL 39 is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.1M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAMPBELL 39 is a fraction of it. The estimate fits an Arps decline curve to the production CAMPBELL 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAMPBELL 39 is an estimate of value, not an offer and not an appraisal.
- How much income does CAMPBELL 39 generate in a year?
- CAMPBELL 39 is forecast to net about $445K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CAMPBELL 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Mendota, NW. (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 278083 |
| Wellbores | 1 |
| Reported production | 6,694,002 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where CAMPBELL 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.