J. R. PARKEY
J. R. PARKEY is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Gilmore, Leo Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 30,115 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 $460K, with roughly $89K 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 132 barrels a month. Its strongest month on the record we hold was January 2020, at 685 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 J. R. PARKEY
- Who operates J. R. PARKEY?
- J. R. PARKEY is operated by Gilmore, Leo Oil, Inc., Railroad Commission of Texas operator number 306981.
- Where is J. R. PARKEY?
- J. R. PARKEY is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33743.
- Is J. R. PARKEY still producing?
- J. R. PARKEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J. R. PARKEY is August 2026.
- How much has J. R. PARKEY produced?
- J. R. PARKEY has reported 30,115 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 1 wellbore.
- How much is J. R. PARKEY worth?
- The remaining production from J. R. PARKEY is estimated to be worth about $460K in total as of 26 August 2026, within a range of $359K to $562K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J. R. PARKEY is a fraction of it. The estimate fits an Arps decline curve to the production J. R. PARKEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J. R. PARKEY is an estimate of value, not an offer and not an appraisal.
- How much income does J. R. PARKEY generate in a year?
- J. R. PARKEY is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in J. R. PARKEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gilmore, Leo Oil, Inc. |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 33743 |
| Wellbores | 1 |
| Reported production | 30,115 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $460K |
Where J. R. PARKEY 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.