LYNX 38N
LYNX 38N is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 317,007 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 $1.9M, with roughly $423K 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 576 barrels a month. Its strongest month on the record we hold was November 2018, at 2,989 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 LYNX 38N
- Who operates LYNX 38N?
- LYNX 38N is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is LYNX 38N?
- LYNX 38N is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45374.
- Is LYNX 38N still producing?
- LYNX 38N is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LYNX 38N is August 2026.
- How much has LYNX 38N produced?
- LYNX 38N has reported 317,007 barrels of oil (bbl) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is LYNX 38N worth?
- The remaining production from LYNX 38N is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LYNX 38N is a fraction of it. The estimate fits an Arps decline curve to the production LYNX 38N has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LYNX 38N is an estimate of value, not an offer and not an appraisal.
- How much income does LYNX 38N generate in a year?
- LYNX 38N is forecast to net about $423K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LYNX 38N receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 45374 |
| Wellbores | 1 |
| Reported production | 317,007 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where LYNX 38N 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.