FARMERS OIL COMPANY
FARMERS OIL COMPANY is a Texas gas lease in Houston County, Railroad Commission district 03, operated by Parten Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,857,169 thousand cubic feet. 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 $440K, with roughly $76K 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 2,210 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 3,948 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FARMERS OIL COMPANY
- Who operates FARMERS OIL COMPANY?
- FARMERS OIL COMPANY is operated by Parten Oil Co., Railroad Commission of Texas operator number 642715.
- Where is FARMERS OIL COMPANY?
- FARMERS OIL COMPANY is a Texas gas lease in Houston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 108666.
- Is FARMERS OIL COMPANY still producing?
- FARMERS OIL COMPANY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARMERS OIL COMPANY is August 2026.
- How much has FARMERS OIL COMPANY produced?
- FARMERS OIL COMPANY has reported 3,857,169 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FARMERS OIL COMPANY worth?
- The remaining production from FARMERS OIL COMPANY is estimated to be worth about $440K in total as of 27 August 2026, within a range of $365K to $515K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARMERS OIL COMPANY is a fraction of it. The estimate fits an Arps decline curve to the production FARMERS OIL COMPANY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARMERS OIL COMPANY is an estimate of value, not an offer and not an appraisal.
- How much income does FARMERS OIL COMPANY generate in a year?
- FARMERS OIL COMPANY is forecast to net about $76K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FARMERS OIL COMPANY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parten Oil Co. |
|---|---|
| Field | Fort Trinidad, W. (Glen Rose,Up) |
| County | Houston County, Texas |
| RRC district | 03 |
| Lease number | 108666 |
| Wellbores | 1 |
| Reported production | 3,857,169 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $440K |
Where FARMERS OIL COMPANY 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.