DANIELS E 138
DANIELS E 138 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Apache Corporation. It has 4 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 376,498 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 $1.4M, with roughly $305K 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 274 barrels a month, about 69 per wellbore. Its strongest month on the record we hold was May 2016, at 2,227 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 DANIELS E 138
- Who operates DANIELS E 138?
- DANIELS E 138 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is DANIELS E 138?
- DANIELS E 138 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08495.
- Is DANIELS E 138 still producing?
- DANIELS E 138 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DANIELS E 138 is August 2026.
- How much has DANIELS E 138 produced?
- DANIELS E 138 has reported 376,498 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 4 wellbores.
- How much is DANIELS E 138 worth?
- The remaining production from DANIELS E 138 is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DANIELS E 138 is a fraction of it. The estimate fits an Arps decline curve to the production DANIELS E 138 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DANIELS E 138 is an estimate of value, not an offer and not an appraisal.
- How much income does DANIELS E 138 generate in a year?
- DANIELS E 138 is forecast to net about $305K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DANIELS E 138 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08495 |
| Wellbores | 4 |
| Reported production | 376,498 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where DANIELS E 138 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.