ALLEN 39
ALLEN 39 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy USA WTP LP. It has 2 wellbores on file with the Commission. Reported production runs from March 2017 to August 2026, totalling 630,996 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 $3.7M, with roughly $816K 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 1,114 barrels a month, about 557 per wellbore. Its strongest month on the record we hold was June 2017, at 45,492 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ALLEN 39
- Who operates ALLEN 39?
- ALLEN 39 is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is ALLEN 39?
- ALLEN 39 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48792.
- Is ALLEN 39 still producing?
- ALLEN 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALLEN 39 is August 2026.
- How much has ALLEN 39 produced?
- ALLEN 39 has reported 630,996 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026, from 2 wellbores.
- How much is ALLEN 39 worth?
- The remaining production from ALLEN 39 is estimated to be worth about $3.7M in total as of 26 August 2026, within a range of $3.1M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALLEN 39 is a fraction of it. The estimate fits an Arps decline curve to the production ALLEN 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALLEN 39 is an estimate of value, not an offer and not an appraisal.
- How much income does ALLEN 39 generate in a year?
- ALLEN 39 is forecast to net about $816K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALLEN 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48792 |
| Wellbores | 2 |
| Reported production | 630,996 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where ALLEN 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.