PARKS
PARKS is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 1,405,847 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 $854K, with roughly $142K 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 4,439 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 8,238 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 PARKS
- Who operates PARKS?
- PARKS is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is PARKS?
- PARKS is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 262662.
- Is PARKS still producing?
- PARKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKS is August 2026.
- How much has PARKS produced?
- PARKS has reported 1,405,847 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2010 and August 2026, from 1 wellbore.
- How much is PARKS worth?
- The remaining production from PARKS is estimated to be worth about $854K in total as of 27 August 2026, within a range of $709K to $1000K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKS is a fraction of it. The estimate fits an Arps decline curve to the production PARKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKS is an estimate of value, not an offer and not an appraisal.
- How much income does PARKS generate in a year?
- PARKS is forecast to net about $142K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Allison Parks (Granite Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 262662 |
| Wellbores | 1 |
| Reported production | 1,405,847 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $854K |
Where PARKS 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.