GREENHAW 39
GREENHAW 39 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Linn Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 61,553 barrels. 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 $639K, with roughly $123K 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 200 barrels a month, about 100 per wellbore. Its strongest month on the record we hold was March 2020, at 594 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 GREENHAW 39
- Who operates GREENHAW 39?
- GREENHAW 39 is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
- Where is GREENHAW 39?
- GREENHAW 39 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42263.
- Is GREENHAW 39 still producing?
- GREENHAW 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREENHAW 39 is August 2026.
- How much has GREENHAW 39 produced?
- GREENHAW 39 has reported 61,553 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 2 wellbores.
- How much is GREENHAW 39 worth?
- The remaining production from GREENHAW 39 is estimated to be worth about $639K in total as of 27 August 2026, within a range of $498K to $779K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREENHAW 39 is a fraction of it. The estimate fits an Arps decline curve to the production GREENHAW 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREENHAW 39 is an estimate of value, not an offer and not an appraisal.
- How much income does GREENHAW 39 generate in a year?
- GREENHAW 39 is forecast to net about $123K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GREENHAW 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Linn Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 42263 |
| Wellbores | 2 |
| Reported production | 61,553 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $639K |
Where GREENHAW 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.