MERCHANT UNIT

MERCHANT UNIT is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Parker & Parsley Development Co. It has 200 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,362,619 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 $18K, with roughly $10K expected over the next twelve months.

OperatorParker & Parsley Development Co.
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number04426
Wellbores200
Reported production6,362,619 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$18K

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.