GLASS 38E
GLASS 38E is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 152,141 barrels. The lease is intermittent. 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 $557K, with roughly $296K 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 612 barrels a month. Its strongest month on the record we hold was April 2017, at 12,097 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 GLASS 38E
- Who operates GLASS 38E?
- GLASS 38E is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is GLASS 38E?
- GLASS 38E is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49280.
- Is GLASS 38E still producing?
- GLASS 38E is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GLASS 38E is August 2026.
- How much has GLASS 38E produced?
- GLASS 38E has reported 152,141 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is GLASS 38E worth?
- The remaining production from GLASS 38E is estimated to be worth about $557K in total as of 26 August 2026, within a range of $435K to $680K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASS 38E is a fraction of it. The estimate fits an Arps decline curve to the production GLASS 38E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASS 38E is an estimate of value, not an offer and not an appraisal.
- How much income does GLASS 38E generate in a year?
- GLASS 38E is forecast to net about $296K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLASS 38E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 49280 |
| Wellbores | 1 |
| Reported production | 152,141 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $557K |
Where GLASS 38E 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.