BATES 43B-31-D
BATES 43B-31-D is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Parsley Energy Operations, Llc. It has 2 wellbores on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 647,448 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 $179K, with roughly $49K expected over the next twelve months.
| Operator | Parsley Energy Operations, Llc |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20531 |
| Wellbores | 2 |
| Reported production | 647,448 bbl |
| First reported | July 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $179K |
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.