JULIETTE
JULIETTE is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 71,851 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 $551K, with roughly $104K 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 87 barrels a month. Its strongest month on the record we hold was October 2016, at 278 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 JULIETTE
- Who operates JULIETTE?
- JULIETTE is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is JULIETTE?
- JULIETTE is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 30395.
- Is JULIETTE still producing?
- JULIETTE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JULIETTE is August 2026.
- How much has JULIETTE produced?
- JULIETTE has reported 71,851 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JULIETTE worth?
- The remaining production from JULIETTE is estimated to be worth about $551K in total as of 27 August 2026, within a range of $303K to $799K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JULIETTE is a fraction of it. The estimate fits an Arps decline curve to the production JULIETTE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JULIETTE is an estimate of value, not an offer and not an appraisal.
- How much income does JULIETTE generate in a year?
- JULIETTE is forecast to net about $104K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JULIETTE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 30395 |
| Wellbores | 1 |
| Reported production | 71,851 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $551K |
Where JULIETTE 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.