ELWOOD 16-21
ELWOOD 16-21 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Parsley Energy Operations, Llc. It has 1 wellbore on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 344,200 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 $54K, with roughly $8K expected over the next twelve months.
| Operator | Parsley Energy Operations, Llc |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 18778 |
| Wellbores | 1 |
| Reported production | 344,200 bbl |
| First reported | August 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $54K |
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.