PARKER FARMS NS 25-28 03

PARKER FARMS NS 25-28 03 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 3 wellbores on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 1,014,537 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 $1.5M 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 2,164 barrels a month, about 721 per wellbore. Its strongest month on the record we hold was May 2019, at 66,115 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 PARKER FARMS NS 25-28 03

Who operates PARKER FARMS NS 25-28 03?: PARKER FARMS NS 25-28 03 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
Where is PARKER FARMS NS 25-28 03?: PARKER FARMS NS 25-28 03 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52083.
Is PARKER FARMS NS 25-28 03 still producing?: PARKER FARMS NS 25-28 03 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER FARMS NS 25-28 03 is August 2026.
How much has PARKER FARMS NS 25-28 03 produced?: PARKER FARMS NS 25-28 03 has reported 1,014,537 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 3 wellbores.
How much is PARKER FARMS NS 25-28 03 worth?: The remaining production from PARKER FARMS NS 25-28 03 is estimated to be worth about $3.5M in total as of 26 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 PARKER FARMS NS 25-28 03 is a fraction of it. The estimate fits an Arps decline curve to the production PARKER FARMS NS 25-28 03 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER FARMS NS 25-28 03 is an estimate of value, not an offer and not an appraisal.
How much income does PARKER FARMS NS 25-28 03 generate in a year?: PARKER FARMS NS 25-28 03 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER FARMS NS 25-28 03 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PARKER FARMS NS 25-28 03 as filed with the Railroad Commission of Texas
Operator	Energen Resources Corporation
Field	Spraberry (Trend Area)
County	Martin County, Texas
RRC district	08
Lease number	52083
Wellbores	3
Reported production	1,014,537 bbl
First reported	February 2019
Last reported	August 2026
Estimated royalty value	$3.5M

Where PARKER FARMS NS 25-28 03 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.