PARSELL 34
PARSELL 34 is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 282,877 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 a standard royalty share at about $7K, with roughly $2K expected over the next twelve months.
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 282960 |
| Wellbores | 1 |
| Reported production | 282,877 mcf |
| First reported | March 2015 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
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.