LIGON 730-19
LIGON 730-19 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 218,229 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 $3.6M, with roughly $735K 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 737 barrels a month. Its strongest month on the record we hold was October 2017, at 16,213 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LIGON 730-19
- Who operates LIGON 730-19?
- LIGON 730-19 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is LIGON 730-19?
- LIGON 730-19 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49743.
- Is LIGON 730-19 still producing?
- LIGON 730-19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIGON 730-19 is August 2026.
- How much has LIGON 730-19 produced?
- LIGON 730-19 has reported 218,229 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is LIGON 730-19 worth?
- The remaining production from LIGON 730-19 is estimated to be worth about $3.6M in total as of 27 August 2026, within a range of $2.8M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIGON 730-19 is a fraction of it. The estimate fits an Arps decline curve to the production LIGON 730-19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIGON 730-19 is an estimate of value, not an offer and not an appraisal.
- How much income does LIGON 730-19 generate in a year?
- LIGON 730-19 is forecast to net about $735K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LIGON 730-19 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 | 49743 |
| Wellbores | 1 |
| Reported production | 218,229 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where LIGON 730-19 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.