PARSELL, HUGH F.
PARSELL, HUGH F. is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by BP America Production Company. It has 3 wellbores on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 57,364 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 $420K, with roughly $64K 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 36 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was August 2015, at 6,187 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, HUGH F.
- Who operates PARSELL, HUGH F.?
- PARSELL, HUGH F. is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is PARSELL, HUGH F.?
- PARSELL, HUGH F. is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09440.
- Is PARSELL, HUGH F. still producing?
- PARSELL, HUGH F. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARSELL, HUGH F. is August 2026.
- How much has PARSELL, HUGH F. produced?
- PARSELL, HUGH F. has reported 57,364 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 3 wellbores.
- How much is PARSELL, HUGH F. worth?
- The remaining production from PARSELL, HUGH F. is estimated to be worth about $420K in total as of 26 August 2026, within a range of $231K to $608K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARSELL, HUGH F. is a fraction of it. The estimate fits an Arps decline curve to the production PARSELL, HUGH F. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARSELL, HUGH F. is an estimate of value, not an offer and not an appraisal.
- How much income does PARSELL, HUGH F. generate in a year?
- PARSELL, HUGH F. is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARSELL, HUGH F. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09440 |
| Wellbores | 3 |
| Reported production | 57,364 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $420K |
Where PARSELL, HUGH F. 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.