PARKS FIELD UNIT

PARKS FIELD UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Cog Operating Llc. It has 10 wellbores on file with the Commission. Reported production runs from April 2009 to August 2026, totalling 190,200 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 $26K, with roughly $9K expected over the next twelve months.

OperatorCog Operating Llc
FieldParks (Consolidated)
CountyMidland County, Texas
RRC district08
Lease number39665
Wellbores10
Reported production190,200 bbl
First reportedApril 2009
Last reportedAugust 2026
Estimated royalty value$26K

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.