PARNELL BROS A
PARNELL BROS A is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2007 to August 2026, totalling 437,777 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 $256K, with roughly $39K 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 1,524 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 2,159 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 BROS A
- Who operates PARNELL BROS A?
- PARNELL BROS A is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is PARNELL BROS A?
- PARNELL BROS A is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 229354.
- Is PARNELL BROS A still producing?
- PARNELL BROS A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARNELL BROS A is August 2026.
- How much has PARNELL BROS A produced?
- PARNELL BROS A has reported 437,777 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is PARNELL BROS A worth?
- The remaining production from PARNELL BROS A is estimated to be worth about $256K in total as of 27 August 2026, within a range of $212K to $299K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARNELL BROS A is a fraction of it. The estimate fits an Arps decline curve to the production PARNELL BROS A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARNELL BROS A is an estimate of value, not an offer and not an appraisal.
- How much income does PARNELL BROS A generate in a year?
- PARNELL BROS A is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARNELL BROS A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Northrup (Miss.) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 229354 |
| Wellbores | 1 |
| Reported production | 437,777 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $256K |
Where PARNELL BROS A 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.