WINDHAM 39A
WINDHAM 39A is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Athlon Holdings LP. It has 2 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 94,768 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 $237K, with roughly $43K 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 115 barrels a month, about 57 per wellbore. Its strongest month on the record we hold was November 2018, at 1,336 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 WINDHAM 39A
- Who operates WINDHAM 39A?
- WINDHAM 39A is operated by Athlon Holdings LP, Railroad Commission of Texas operator number 036067.
- Where is WINDHAM 39A?
- WINDHAM 39A is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44918.
- Is WINDHAM 39A still producing?
- WINDHAM 39A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WINDHAM 39A is August 2026.
- How much has WINDHAM 39A produced?
- WINDHAM 39A has reported 94,768 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 2 wellbores.
- How much is WINDHAM 39A worth?
- The remaining production from WINDHAM 39A is estimated to be worth about $237K in total as of 27 August 2026, within a range of $185K to $290K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WINDHAM 39A is a fraction of it. The estimate fits an Arps decline curve to the production WINDHAM 39A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WINDHAM 39A is an estimate of value, not an offer and not an appraisal.
- How much income does WINDHAM 39A generate in a year?
- WINDHAM 39A is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WINDHAM 39A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Athlon Holdings LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 44918 |
| Wellbores | 2 |
| Reported production | 94,768 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $237K |
Where WINDHAM 39A 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.