PARSELL RANCH
PARSELL RANCH is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Choice Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 10,838 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 $178K, with roughly $34K 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 50 barrels a month. Its strongest month on the record we hold was January 2017, at 846 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PARSELL RANCH
- Who operates PARSELL RANCH?
- PARSELL RANCH is operated by Choice Exploration, Inc., Railroad Commission of Texas operator number 150655.
- Where is PARSELL RANCH?
- PARSELL RANCH is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09204.
- Is PARSELL RANCH still producing?
- PARSELL RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARSELL RANCH is August 2026.
- How much has PARSELL RANCH produced?
- PARSELL RANCH has reported 10,838 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is PARSELL RANCH worth?
- The remaining production from PARSELL RANCH is estimated to be worth about $178K in total as of 26 August 2026, within a range of $98K to $258K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARSELL RANCH is a fraction of it. The estimate fits an Arps decline curve to the production PARSELL RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARSELL RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does PARSELL RANCH generate in a year?
- PARSELL RANCH is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARSELL RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Choice Exploration, Inc. |
|---|---|
| Field | ST. Clair (Granite Wash) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 09204 |
| Wellbores | 1 |
| Reported production | 10,838 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $178K |
Where PARSELL RANCH 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.