SABINE 39
SABINE 39 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 120,792 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 $539K, with roughly $246K 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 420 barrels a month, about 210 per wellbore. Its strongest month on the record we hold was November 2016, at 1,419 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 SABINE 39
- Who operates SABINE 39?
- SABINE 39 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is SABINE 39?
- SABINE 39 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44076.
- Is SABINE 39 still producing?
- SABINE 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SABINE 39 is August 2026.
- How much has SABINE 39 produced?
- SABINE 39 has reported 120,792 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 2 wellbores.
- How much is SABINE 39 worth?
- The remaining production from SABINE 39 is estimated to be worth about $539K in total as of 27 August 2026, within a range of $420K to $657K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SABINE 39 is a fraction of it. The estimate fits an Arps decline curve to the production SABINE 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SABINE 39 is an estimate of value, not an offer and not an appraisal.
- How much income does SABINE 39 generate in a year?
- SABINE 39 is forecast to net about $246K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SABINE 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 44076 |
| Wellbores | 2 |
| Reported production | 120,792 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $539K |
Where SABINE 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.