RANGER C5-15
RANGER C5-15 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 3 wellbores on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 382,340 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 $3.5M, with roughly $915K 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 1,275 barrels a month, about 425 per wellbore. Its strongest month on the record we hold was October 2017, at 31,573 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 RANGER C5-15
- Who operates RANGER C5-15?
- RANGER C5-15 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is RANGER C5-15?
- RANGER C5-15 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49608.
- Is RANGER C5-15 still producing?
- RANGER C5-15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANGER C5-15 is August 2026.
- How much has RANGER C5-15 produced?
- RANGER C5-15 has reported 382,340 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 3 wellbores.
- How much is RANGER C5-15 worth?
- The remaining production from RANGER C5-15 is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANGER C5-15 is a fraction of it. The estimate fits an Arps decline curve to the production RANGER C5-15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANGER C5-15 is an estimate of value, not an offer and not an appraisal.
- How much income does RANGER C5-15 generate in a year?
- RANGER C5-15 is forecast to net about $915K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RANGER C5-15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49608 |
| Wellbores | 3 |
| Reported production | 382,340 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where RANGER C5-15 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.