GREG MADDUX 31-32-D
GREG MADDUX 31-32-D is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Parsley Energy Operations, LLC. It has 3 wellbores on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 589,342 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 $10.8M, with roughly $2.3M 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 2,227 barrels a month, about 742 per wellbore. Its strongest month on the record we hold was January 2019, at 46,787 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GREG MADDUX 31-32-D
- Who operates GREG MADDUX 31-32-D?
- GREG MADDUX 31-32-D is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is GREG MADDUX 31-32-D?
- GREG MADDUX 31-32-D is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20271.
- Is GREG MADDUX 31-32-D still producing?
- GREG MADDUX 31-32-D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREG MADDUX 31-32-D is August 2026.
- How much has GREG MADDUX 31-32-D produced?
- GREG MADDUX 31-32-D has reported 589,342 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 3 wellbores.
- How much is GREG MADDUX 31-32-D worth?
- The remaining production from GREG MADDUX 31-32-D is estimated to be worth about $10.8M in total as of 26 August 2026, within a range of $9.0M to $12.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREG MADDUX 31-32-D is a fraction of it. The estimate fits an Arps decline curve to the production GREG MADDUX 31-32-D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREG MADDUX 31-32-D is an estimate of value, not an offer and not an appraisal.
- How much income does GREG MADDUX 31-32-D generate in a year?
- GREG MADDUX 31-32-D is forecast to net about $2.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREG MADDUX 31-32-D 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 | 20271 |
| Wellbores | 3 |
| Reported production | 589,342 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.8M |
Where GREG MADDUX 31-32-D 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.