PUSEY 39
PUSEY 39 is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Nearburg Producing Company. It has 2 wellbores on file with the Commission. Reported production runs from March 2006 to August 2026, totalling 75,871 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 $547K, with roughly $105K 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 146 barrels a month, about 73 per wellbore. Its strongest month on the record we hold was September 2017, at 544 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 PUSEY 39
- Who operates PUSEY 39?
- PUSEY 39 is operated by Nearburg Producing Company, Railroad Commission of Texas operator number 601738.
- Where is PUSEY 39?
- PUSEY 39 is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68998.
- Is PUSEY 39 still producing?
- PUSEY 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PUSEY 39 is August 2026.
- How much has PUSEY 39 produced?
- PUSEY 39 has reported 75,871 barrels of oil (bbl) to the Railroad Commission of Texas between March 2006 and August 2026, from 2 wellbores.
- How much is PUSEY 39 worth?
- The remaining production from PUSEY 39 is estimated to be worth about $547K in total as of 26 August 2026, within a range of $426K to $667K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PUSEY 39 is a fraction of it. The estimate fits an Arps decline curve to the production PUSEY 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PUSEY 39 is an estimate of value, not an offer and not an appraisal.
- How much income does PUSEY 39 generate in a year?
- PUSEY 39 is forecast to net about $105K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PUSEY 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nearburg Producing Company |
|---|---|
| Field | Tokio (Leonard) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 68998 |
| Wellbores | 2 |
| Reported production | 75,871 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $547K |
Where PUSEY 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.