KIRK 339
KIRK 339 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2004 to August 2026, totalling 788,262 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 $146K, with roughly $24K 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 806 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 3,554 thousand cubic feet. 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 KIRK 339
- Who operates KIRK 339?
- KIRK 339 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is KIRK 339?
- KIRK 339 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 204119.
- Is KIRK 339 still producing?
- KIRK 339 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KIRK 339 is August 2026.
- How much has KIRK 339 produced?
- KIRK 339 has reported 788,262 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2004 and August 2026, from 1 wellbore.
- How much is KIRK 339 worth?
- The remaining production from KIRK 339 is estimated to be worth about $146K in total as of 26 August 2026, within a range of $114K to $178K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KIRK 339 is a fraction of it. The estimate fits an Arps decline curve to the production KIRK 339 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KIRK 339 is an estimate of value, not an offer and not an appraisal.
- How much income does KIRK 339 generate in a year?
- KIRK 339 is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KIRK 339 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 204119 |
| Wellbores | 1 |
| Reported production | 788,262 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $146K |
Where KIRK 339 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.