COURSON PARNELL 405
COURSON PARNELL 405 is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 501,627 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 $44K, with roughly $20K 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 1,147 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 2,811 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 COURSON PARNELL 405
- Who operates COURSON PARNELL 405?
- COURSON PARNELL 405 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is COURSON PARNELL 405?
- COURSON PARNELL 405 is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 246377.
- Is COURSON PARNELL 405 still producing?
- COURSON PARNELL 405 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COURSON PARNELL 405 is August 2026.
- How much has COURSON PARNELL 405 produced?
- COURSON PARNELL 405 has reported 501,627 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is COURSON PARNELL 405 worth?
- The remaining production from COURSON PARNELL 405 is estimated to be worth about $44K in total as of 27 August 2026, within a range of $37K to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURSON PARNELL 405 is a fraction of it. The estimate fits an Arps decline curve to the production COURSON PARNELL 405 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURSON PARNELL 405 is an estimate of value, not an offer and not an appraisal.
- How much income does COURSON PARNELL 405 generate in a year?
- COURSON PARNELL 405 is forecast to net about $20K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COURSON PARNELL 405 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Dutcher (Atoka) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 246377 |
| Wellbores | 1 |
| Reported production | 501,627 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where COURSON PARNELL 405 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.