PARKER HEIRS
PARKER HEIRS is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Paleo Oil Company Llc. It has 1 wellbore on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 7,856 barrels. 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 $10K, with roughly $2K expected over the next twelve months.
| Operator | Paleo Oil Company Llc |
|---|---|
| Field | Lucille (Hockley, Upper) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 12672 |
| Wellbores | 1 |
| Reported production | 7,856 bbl |
| First reported | March 2022 |
| Last reported | August 2026 |
| Estimated royalty value | $10K |
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.