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 2 wellbores on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 641,744 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 $121K, with roughly $29K 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 | 19670 |
| Wellbores | 2 |
| Reported production | 641,744 bbl |
| First reported | June 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $121K |
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.