TXL-V 39

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. TXL-V 39 Oil & Gas Property

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Property Summary

Key data points for TXL-V 39

CountyMidland County, TX
OperatorDISCOVERY OPERATING INC
Production DatesSep 2000 - Sep 2025
Total Oil Production361,579 BBLs
Total Gas Production670,826 MCF
Recent Oil Production1,219 BBLs in Sep 2025
Recent Gas Production1,078 MCF in Sep 2025
Wells on Property5

Our Valuation Estimates for TXL-V 39

ShaleAssessment™

Not Available

MarketMultiple™

$117,732 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

TXL-V 39 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for TXL-V 39
from Sep 2000 to Sep 2025

Wells on TXL-V 39

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-34313TXL-V 39 1DISCOVERY OPERATING, INC.ProducingMidland County, TX31.773367-102.058125
42-329-34321TXL-V 39 3DISCOVERY OPERATING, INC.ProducingMidland County, TX31.770730-102.052484
42-329-34322TXL-V 39 2DISCOVERY OPERATING, INC.ProducingMidland County, TX31.777911-102.054719
42-329-36371TXL-V 39 7DISCOVERY OPERATING, INC.ProducingMidland County, TX31.769747-102.056679
42-329-36372TXL-V 39 8DISCOVERY OPERATING, INC.ProducingMidland County, TX31.767405-102.051459

Leases included in TXL-V 39

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-36408TXL-V "39"DISCOVERY OPERATING, INC.Midland County, TX

Nearby Properties

These are the closest 20 properties to the TXL-V 39 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Butter CrunchMidland County, TX65,121 BBLs140,293 MCFSep 2025
Chevron 23Midland County, TX571 BBLs4,224 MCFOct 2025
CMC Ribeye 34/35Midland County, TX0 BBLs0 MCFNov 2025
DonnaMidland County, TX127 BBLs246 MCFOct 2025
Great DivideMidland County, TX12,186 BBLs56,640 MCFSep 2025
Happy TracksMidland County, TX44,912 BBLs105,929 MCFSep 2025
MindyMidland County, TX141 BBLs3,057 MCFOct 2025
Perro RojoMidland County, TX1,462 BBLs5,122 MCFOct 2025
Rio Brazos 26-15 UnitMidland County, TX78,319 BBLs532,258 MCFOct 2025
Rio Comal 26-31Midland County, TX5,259 BBLs19,091 MCFOct 2025
Rio Nueces 37-44 UnitMidland County, TX24,204 BBLs107,480 MCFOct 2025
Rio Pecos 27-18SL UnitMidland County, TX17,609 BBLs251,742 MCFOct 2025
Rio Rojo 27-30 Unit 1Midland County, TX5,990 BBLs78,565 MCFOct 2025
Rio Sabine 39-42 Unit 1Midland County, TX41,565 BBLs344,972 MCFOct 2025
Rio San Jacinto 38-43Midland County, TX145,842 BBLs832,838 MCFOct 2025
Sonya 5Midland County, TX37,975 BBLs269,640 MCFOct 2025
Southern HospitalityMidland County, TX37,000 BBLs77,779 MCFSep 2025
TXL 41Midland County, TX0 BBLs0 MCFAug 2025
TXLVMidland County, TX592 BBLs194 MCFSep 2025
WindhamMidland County, TX905 BBLs1,946 MCFSep 2025

Companies in the Area

These are the closest 20 companies operating near the TXL-V 39 property.

Company Name
Apache Corporation
Arco Permian
Arete Creek Operating, LLC
Athlon Energy Operating LLC
Chevron USA Inc
Diamondback E&P LLC
Discovery Operating Inc
Endeavor Energy Resources, LP
Henry Petroleum Corp.
Henry Petroleum LP
LCX Energy, LLC
Midland Energy, Inc.
Ovintiv USA Inc.
Parsley Energy Operations, LLC
Perenco LLC
Pioneer Natural Res. USA, Inc.
Sandridge Exploration And Production LLC
Stephens, Autry C.
Terrace Petroleum Corporation
XTO Energy Inc.

Owners of TXL-V 39

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DISCOVERY OPER INC WITXL-V "39"DISCOVERY OPERATING
2025CHEVRON USA INC RI/ORITXL-V "39"DISCOVERY OPERATING
2025SPARKS JEFFREY FMLY LTD PTNRSTXL-V "39"DISCOVERY OPERATING
2025SPARKS KEVIN D FMLY LTD PTNRSTXL-V "39"DISCOVERY OPERATING
2025SPARKS TODD FAMILY LTD PTSHPTXL-V "39"DISCOVERY OPERATING

Oil & Gas Sales on TXL-V 39

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-36408TXL-V "39"Apr 2025IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Apr 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Mar 2025IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Mar 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Feb 2025IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Feb 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Jan 2025IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Jan 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Dec 2024IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Dec 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Nov 2024IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Nov 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Oct 2024IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Oct 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Sep 2024IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Sep 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Aug 2024IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Aug 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Jul 2024IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Jul 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Jun 2024IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"Jun 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"May 2024IPM CORP.DISCOVERY OPERATING, INC.
08-36408TXL-V "39"May 2024TARGA PIPELINE MID-CONTINENT WESTTEX LLCDISCOVERY OPERATING, INC.
08-36408TXL-V "39"Apr 2024IPM CORP.DISCOVERY OPERATING, INC.