PARKER "C"
PARKER "C" is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Olsen Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 74,252 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 $643K, with roughly $124K 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 164 barrels a month, about 82 per wellbore. Its strongest month on the record we hold was June 2019, at 334 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 "C"
- Who operates PARKER "C"?
- PARKER "C" is operated by Olsen Energy Inc., Railroad Commission of Texas operator number 621750.
- Where is PARKER "C"?
- PARKER "C" is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28596.
- Is PARKER "C" still producing?
- PARKER "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER "C" is August 2026.
- How much has PARKER "C" produced?
- PARKER "C" has reported 74,252 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PARKER "C" worth?
- The remaining production from PARKER "C" is estimated to be worth about $643K in total as of 27 August 2026, within a range of $502K to $785K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER "C" is a fraction of it. The estimate fits an Arps decline curve to the production PARKER "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER "C" is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER "C" generate in a year?
- PARKER "C" is forecast to net about $124K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARKER "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Olsen Energy Inc. |
|---|---|
| Field | Parker (Grayburg, San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 28596 |
| Wellbores | 2 |
| Reported production | 74,252 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $643K |
Where PARKER "C" 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.