YODA A 39-34

YODA A 39-34 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Surge Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 6,869 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 $418K, with roughly $93K 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 687 barrels a month. Its strongest month on the record we hold was April 2026, at 3,314 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 YODA A 39-34

Who operates YODA A 39-34?
YODA A 39-34 is operated by Surge Operating, LLC, Railroad Commission of Texas operator number 760725.
Where is YODA A 39-34?
YODA A 39-34 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64446.
Is YODA A 39-34 still producing?
YODA A 39-34 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for YODA A 39-34 is August 2026.
How much has YODA A 39-34 produced?
YODA A 39-34 has reported 6,869 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
How much is YODA A 39-34 worth?
The remaining production from YODA A 39-34 is estimated to be worth about $418K in total as of 27 August 2026, within a range of $326K to $510K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in YODA A 39-34 is a fraction of it. The estimate fits an Arps decline curve to the production YODA A 39-34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for YODA A 39-34 is an estimate of value, not an offer and not an appraisal.
How much income does YODA A 39-34 generate in a year?
YODA A 39-34 is forecast to net about $93K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in YODA A 39-34 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

YODA A 39-34 as filed with the Railroad Commission of Texas
OperatorSurge Operating, LLC
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number64446
Wellbores1
Reported production6,869 bbl
First reported
Last reported
Estimated royalty value$418K

Where YODA A 39-34 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.