PARKER, J. E. -B-
PARKER, J. E. -B- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Union Oil Company Of California. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 172,402 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 $600K, with roughly $115K 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 190 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was June 2021, at 682 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, J. E. -B-
- Who operates PARKER, J. E. -B-?
- PARKER, J. E. -B- is operated by Union Oil Company Of California, Railroad Commission of Texas operator number 876520.
- Where is PARKER, J. E. -B-?
- PARKER, J. E. -B- is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 12465.
- Is PARKER, J. E. -B- still producing?
- PARKER, J. E. -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER, J. E. -B- is August 2026.
- How much has PARKER, J. E. -B- produced?
- PARKER, J. E. -B- has reported 172,402 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is PARKER, J. E. -B- worth?
- The remaining production from PARKER, J. E. -B- is estimated to be worth about $600K in total as of 26 August 2026, within a range of $468K to $732K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER, J. E. -B- is a fraction of it. The estimate fits an Arps decline curve to the production PARKER, J. E. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER, J. E. -B- is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER, J. E. -B- generate in a year?
- PARKER, J. E. -B- is forecast to net about $115K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER, J. E. -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Oil Company Of California |
|---|---|
| Field | Shafter Lake (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 12465 |
| Wellbores | 6 |
| Reported production | 172,402 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $600K |
Where PARKER, J. E. -B- 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.