DANIEL 139
DANIEL 139 is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Latigo Petroleum Texas, LP. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 1,561,131 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 $75, with roughly $75 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 460 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 2,863 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 DANIEL 139
- Who operates DANIEL 139?
- DANIEL 139 is operated by Latigo Petroleum Texas, LP, Railroad Commission of Texas operator number 488245.
- Where is DANIEL 139?
- DANIEL 139 is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 223339.
- Is DANIEL 139 still producing?
- DANIEL 139 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DANIEL 139 is August 2026.
- How much has DANIEL 139 produced?
- DANIEL 139 has reported 1,561,131 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is DANIEL 139 worth?
- The remaining production from DANIEL 139 is estimated to be worth about $75 in total as of 26 August 2026, within a range of $59 to $92. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DANIEL 139 is a fraction of it. The estimate fits an Arps decline curve to the production DANIEL 139 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DANIEL 139 is an estimate of value, not an offer and not an appraisal.
- How much income does DANIEL 139 generate in a year?
- DANIEL 139 is forecast to net about $75 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DANIEL 139 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum Texas, LP |
|---|---|
| Field | Alpar (Morrow Upper) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 223339 |
| Wellbores | 1 |
| Reported production | 1,561,131 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $75 |
Where DANIEL 139 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.