VENOM 6261A-34
VENOM 6261A-34 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 4 wellbores on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 1,002,085 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 $19.6M, with roughly $4.7M 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 6,144 barrels a month, about 1,536 per wellbore. Its strongest month on the record we hold was August 2020, at 83,923 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 VENOM 6261A-34
- Who operates VENOM 6261A-34?
- VENOM 6261A-34 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is VENOM 6261A-34?
- VENOM 6261A-34 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55179.
- Is VENOM 6261A-34 still producing?
- VENOM 6261A-34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VENOM 6261A-34 is August 2026.
- How much has VENOM 6261A-34 produced?
- VENOM 6261A-34 has reported 1,002,085 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 4 wellbores.
- How much is VENOM 6261A-34 worth?
- The remaining production from VENOM 6261A-34 is estimated to be worth about $19.6M in total as of 27 August 2026, within a range of $16.3M to $22.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VENOM 6261A-34 is a fraction of it. The estimate fits an Arps decline curve to the production VENOM 6261A-34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VENOM 6261A-34 is an estimate of value, not an offer and not an appraisal.
- How much income does VENOM 6261A-34 generate in a year?
- VENOM 6261A-34 is forecast to net about $4.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VENOM 6261A-34 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 | Ward County, Texas |
| RRC district | 08 |
| Lease number | 55179 |
| Wellbores | 4 |
| Reported production | 1,002,085 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $19.6M |
Where VENOM 6261A-34 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.