COOK 39
COOK 39 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Latigo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 1,696,917 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 $373K, with roughly $74K 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 2,327 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 7,001 thousand cubic feet. 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 COOK 39
- Who operates COOK 39?
- COOK 39 is operated by Latigo Petroleum, Inc., Railroad Commission of Texas operator number 488264.
- Where is COOK 39?
- COOK 39 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 262142.
- Is COOK 39 still producing?
- COOK 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COOK 39 is August 2026.
- How much has COOK 39 produced?
- COOK 39 has reported 1,696,917 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2010 and August 2026, from 1 wellbore.
- How much is COOK 39 worth?
- The remaining production from COOK 39 is estimated to be worth about $373K in total as of 26 August 2026, within a range of $310K to $437K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COOK 39 is a fraction of it. The estimate fits an Arps decline curve to the production COOK 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COOK 39 is an estimate of value, not an offer and not an appraisal.
- How much income does COOK 39 generate in a year?
- COOK 39 is forecast to net about $74K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COOK 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum, Inc. |
|---|---|
| Field | Meg (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 262142 |
| Wellbores | 1 |
| Reported production | 1,696,917 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $373K |
Where COOK 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.