PARKER 18
PARKER 18 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 91,939 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 $3.3M, with roughly $850K 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 1,174 barrels a month. Its strongest month on the record we hold was April 2019, at 3,492 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 18
- Who operates PARKER 18?
- PARKER 18 is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is PARKER 18?
- PARKER 18 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51355.
- Is PARKER 18 still producing?
- PARKER 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER 18 is August 2026.
- How much has PARKER 18 produced?
- PARKER 18 has reported 91,939 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 1 wellbore.
- How much is PARKER 18 worth?
- The remaining production from PARKER 18 is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER 18 is a fraction of it. The estimate fits an Arps decline curve to the production PARKER 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER 18 is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER 18 generate in a year?
- PARKER 18 is forecast to net about $850K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARKER 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Parker (Grayburg, San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 51355 |
| Wellbores | 1 |
| Reported production | 91,939 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where PARKER 18 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.