PARGMANN A UNIT

PARGMANN A UNIT is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 110,794 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 $1.1M, with roughly $215K 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 312 barrels a month. Its strongest month on the record we hold was June 2016, at 1,654 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 PARGMANN A UNIT

Who operates PARGMANN A UNIT?
PARGMANN A UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
Where is PARGMANN A UNIT?
PARGMANN A UNIT is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11120.
Is PARGMANN A UNIT still producing?
PARGMANN A UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARGMANN A UNIT is August 2026.
How much has PARGMANN A UNIT produced?
PARGMANN A UNIT has reported 110,794 barrels of oil (bbl) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
How much is PARGMANN A UNIT worth?
The remaining production from PARGMANN A UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $844K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARGMANN A UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARGMANN A UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARGMANN A UNIT is an estimate of value, not an offer and not an appraisal.
How much income does PARGMANN A UNIT generate in a year?
PARGMANN A UNIT is forecast to net about $215K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARGMANN A UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PARGMANN A UNIT as filed with the Railroad Commission of Texas
OperatorDevon Energy Production Co, L.P.
FieldEagleville (Eagle Ford-2)
CountyDe Witt County, Texas
RRC district02
Lease number11120
Wellbores1
Reported production110,794 bbl
First reported
Last reported
Estimated royalty value$1.1M

Where PARGMANN A UNIT 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.