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Texas oil lease

Producing

TXL-V "39"

TXL-V "39" is an oil lease in Midland County, Texas, operated by Discovery Operating, Inc. in the Spraberry (Trend Area) field.

8 wells

11,046bbl oil, last 12 months+58% vs prior year
Operator
Discovery Operating, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-36408

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
17,248 mcf
Oil in Jul 2026
855 bbl

Production by month

Oil output rose 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 58% over the last 12 monthsMonthly oil production and gas for TXL-V "39", Aug 2023 to Jul 2026. Oil output rose 58% over the last 12 months. 11,046 bbl in the 12 months through Jul 2026, against 6,988 bbl in the 12 months before.Last 12 months: 11,046 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 58% over the last 12 monthsMonthly oil production and gas for TXL-V "39", Aug 2023 to Jul 2026. Oil output rose 58% over the last 12 months. 11,046 bbl in the 12 months through Jul 2026, against 6,988 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of TXL-V "39" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of TXL-V "39" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

8 wells on this lease

Wells on TXL-V "39"
API numberWell no.Status
42-329-343131Active
42-329-343204Shut-in
42-329-343213Active
42-329-343222Active
42-329-360195Shut-in
42-329-360206Active
42-329-363717Active
42-329-363728Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100Dec 1, 2013

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

323.02 acres on the newest permit

8 wells are listed on this lease

Permits for TXL-V "39"
API numberWell no.Acreson the permit
42-329-363728323.02
42-329-363717323.02
42-329-360195323.02
42-329-360206323.02
42-329-343204320
42-329-343213320
42-329-343222320
42-329-343131320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for TXL-V "39"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268558572,7222,7220$80.46$2.89
Jun 20266926771,8581,8580$84.81$3.15
May 20269488701,7531,7530$102.13$2.94
Apr 20266436641,2111,2110$100.32$2.77
Mar 20265215414014010$91.38$3.04
Feb 202684178000$64.51$3.62
Jan 20268758851,3281,3280$60.04$7.72
Dec 20259741,0601,6691,6690$57.97$4.26
Nov 20251,2671,0651,7481,7480$60.06$3.79
Oct 20251,6241,7051,3021,3020$60.89$3.19
Sep 20251,2191,1931,0781,0780$63.96$2.97
Aug 20251,3441,3772,1782,1780$64.86$2.91
Jul 20251,1411,2061,4291,4290$68.39$3.20
Jun 20251,4961,3781,5101,5100$68.17$3.02
May 20251,0641,0191,0061,0060$62.17$3.12
Apr 20255495164464460$63.54$3.42
Mar 20256507024534530$68.24$4.12
Feb 20254655263113110$71.53$4.19
Jan 20252221721771770$75.74$4.13
Dec 202418517560600$70.12$3.01
Nov 20242483522792790$69.95$2.12
Oct 20244523471551550$71.99$2.20
Sep 20243263421711710$70.24$2.28
Aug 202419034154540$76.68$1.99
Jul 20244475111,2311,2310$81.80$2.07
Jun 20241,0176651,9211,9210$79.77$2.54
May 20247441,0347807800$80.02$2.12
Apr 20241661692362360$85.35$1.60
Mar 20245433445345340$81.28$1.49
Feb 20249331,0427057050$77.25$1.72
Jan 2024625725000$74.15$3.18
Dec 202348634614140$71.90$2.52
Nov 20233133581401400$77.69$2.71
Oct 20231,2661,2221971970$85.64$2.98
Sep 2023263164000$89.43$2.64
Aug 202300000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorDiscovery Operating, Inc.FieldSpraberry (Trend Area)CountyMidland County

Discovery Operating, Inc. in Midland County

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Spraberry (Trend Area) field

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