RICHEY "54A"
RICHEY "54A" is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Parker & Parsley Development Co. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 33,409 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 $8K, with roughly $1K expected over the next twelve months.
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Probandt (Canyon) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 08486 |
| Wellbores | 11 |
| Reported production | 33,409 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $8K |
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.