PARKEY UNIT
PARKEY UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 505,670 thousand cubic feet. 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 $119K, with roughly $19K 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 774 thousand cubic feet a month. Its strongest month on the record we hold was January 2022, at 2,627 thousand cubic feet. 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 PARKEY UNIT
- Who operates PARKEY UNIT?
- PARKEY UNIT is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is PARKEY UNIT?
- PARKEY UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 198651.
- Is PARKEY UNIT still producing?
- PARKEY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKEY UNIT is August 2026.
- How much has PARKEY UNIT produced?
- PARKEY UNIT has reported 505,670 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2003 and August 2026, from 1 wellbore.
- How much is PARKEY UNIT worth?
- The remaining production from PARKEY UNIT is estimated to be worth about $119K in total as of 26 August 2026, within a range of $93K to $145K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKEY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARKEY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKEY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PARKEY UNIT generate in a year?
- PARKEY UNIT is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKEY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 198651 |
| Wellbores | 1 |
| Reported production | 505,670 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $119K |
Where PARKEY 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.