BAST 33 AND 40
BAST 33 AND 40 is a Texas oil lease in Reagan 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 2016 to August 2026, totalling 430,972 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.1M, with roughly $526K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 695 barrels a month. Its strongest month on the record we hold was September 2016, at 39,563 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BAST 33 AND 40
- Who operates BAST 33 AND 40?
- BAST 33 AND 40 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is BAST 33 AND 40?
- BAST 33 AND 40 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19462.
- Is BAST 33 AND 40 still producing?
- BAST 33 AND 40 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAST 33 AND 40 is August 2026.
- How much has BAST 33 AND 40 produced?
- BAST 33 AND 40 has reported 430,972 barrels of oil (bbl) to the Railroad Commission of Texas between August 2016 and August 2026, from 1 wellbore.
- How much is BAST 33 AND 40 worth?
- The remaining production from BAST 33 AND 40 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $862K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAST 33 AND 40 is a fraction of it. The estimate fits an Arps decline curve to the production BAST 33 AND 40 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAST 33 AND 40 is an estimate of value, not an offer and not an appraisal.
- How much income does BAST 33 AND 40 generate in a year?
- BAST 33 AND 40 is forecast to net about $526K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAST 33 AND 40 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19462 |
| Wellbores | 1 |
| Reported production | 430,972 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where BAST 33 AND 40 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.