JOHN LUTHI 392
JOHN LUTHI 392 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Apache Corporation. It has 2 wellbores on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 141,030 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 $1.2M, with roughly $203K 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 216 barrels a month, about 108 per wellbore. Its strongest month on the record we hold was November 2017, at 665 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 JOHN LUTHI 392
- Who operates JOHN LUTHI 392?
- JOHN LUTHI 392 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is JOHN LUTHI 392?
- JOHN LUTHI 392 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08414.
- Is JOHN LUTHI 392 still producing?
- JOHN LUTHI 392 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHN LUTHI 392 is August 2026.
- How much has JOHN LUTHI 392 produced?
- JOHN LUTHI 392 has reported 141,030 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 2 wellbores.
- How much is JOHN LUTHI 392 worth?
- The remaining production from JOHN LUTHI 392 is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $916K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHN LUTHI 392 is a fraction of it. The estimate fits an Arps decline curve to the production JOHN LUTHI 392 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHN LUTHI 392 is an estimate of value, not an offer and not an appraisal.
- How much income does JOHN LUTHI 392 generate in a year?
- JOHN LUTHI 392 is forecast to net about $203K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHN LUTHI 392 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 | 08414 |
| Wellbores | 2 |
| Reported production | 141,030 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where JOHN LUTHI 392 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.