PARNELL BROTHERS
PARNELL BROTHERS is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,633,358 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 $354K, with roughly $71K 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 3,487 thousand cubic feet a month. Its strongest month on the record we hold was July 2025, at 4,711 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 PARNELL BROTHERS
- Who operates PARNELL BROTHERS?
- PARNELL BROTHERS is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is PARNELL BROTHERS?
- PARNELL BROTHERS is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 033514.
- Is PARNELL BROTHERS still producing?
- PARNELL BROTHERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARNELL BROTHERS is August 2026.
- How much has PARNELL BROTHERS produced?
- PARNELL BROTHERS has reported 2,633,358 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PARNELL BROTHERS worth?
- The remaining production from PARNELL BROTHERS is estimated to be worth about $354K in total as of 27 August 2026, within a range of $294K to $414K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARNELL BROTHERS is a fraction of it. The estimate fits an Arps decline curve to the production PARNELL BROTHERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARNELL BROTHERS is an estimate of value, not an offer and not an appraisal.
- How much income does PARNELL BROTHERS generate in a year?
- PARNELL BROTHERS is forecast to net about $71K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARNELL BROTHERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Parnell (Morrow-Gas Lower) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 033514 |
| Wellbores | 1 |
| Reported production | 2,633,358 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $354K |
Where PARNELL BROTHERS 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.