TRIGGER 39-40 A

TRIGGER 39-40 A is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 299,987 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 $3.1M, with roughly $769K 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 996 barrels a month. Its strongest month on the record we hold was October 2018, at 26,175 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 TRIGGER 39-40 A

Who operates TRIGGER 39-40 A?
TRIGGER 39-40 A is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
Where is TRIGGER 39-40 A?
TRIGGER 39-40 A is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51162.
Is TRIGGER 39-40 A still producing?
TRIGGER 39-40 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRIGGER 39-40 A is August 2026.
How much has TRIGGER 39-40 A produced?
TRIGGER 39-40 A has reported 299,987 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
How much is TRIGGER 39-40 A worth?
The remaining production from TRIGGER 39-40 A is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.4M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRIGGER 39-40 A is a fraction of it. The estimate fits an Arps decline curve to the production TRIGGER 39-40 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRIGGER 39-40 A is an estimate of value, not an offer and not an appraisal.
How much income does TRIGGER 39-40 A generate in a year?
TRIGGER 39-40 A is forecast to net about $769K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRIGGER 39-40 A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TRIGGER 39-40 A as filed with the Railroad Commission of Texas
OperatorNoble Energy Inc
FieldWolfbone (Trend Area)
CountyReeves County, Texas
RRC district08
Lease number51162
Wellbores1
Reported production299,987 bbl
First reported
Last reported
Estimated royalty value$3.1M

Where TRIGGER 39-40 A 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.