BAKER "39"
BAKER "39" is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Caprock Energy, Inc. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 248,003 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 $423K, with roughly $81K 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 118 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was February 2017, at 341 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 BAKER "39"
- Who operates BAKER "39"?
- BAKER "39" is operated by Caprock Energy, Inc., Railroad Commission of Texas operator number 130459.
- Where is BAKER "39"?
- BAKER "39" is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06879.
- Is BAKER "39" still producing?
- BAKER "39" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAKER "39" is August 2026.
- How much has BAKER "39" produced?
- BAKER "39" has reported 248,003 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is BAKER "39" worth?
- The remaining production from BAKER "39" is estimated to be worth about $423K in total as of 26 August 2026, within a range of $330K to $516K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAKER "39" is a fraction of it. The estimate fits an Arps decline curve to the production BAKER "39" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAKER "39" is an estimate of value, not an offer and not an appraisal.
- How much income does BAKER "39" generate in a year?
- BAKER "39" is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAKER "39" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Caprock Energy, Inc. |
|---|---|
| Field | Panhandle (Red Cave) |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 06879 |
| Wellbores | 16 |
| Reported production | 248,003 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $423K |
Where BAKER "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.