PARKER, J. E.
PARKER, J. E. is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Schlachter Operating Corporation. It has 8 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 58,300 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 $1.6M, with roughly $359K 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 520 barrels a month, about 65 per wellbore. Its strongest month on the record we hold was March 2021, at 895 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.
- Who operates PARKER, J. E.?
- PARKER, J. E. is operated by Schlachter Operating Corporation, Railroad Commission of Texas operator number 753981.
- Where is PARKER, J. E.?
- PARKER, J. E. is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49711.
- Is PARKER, J. E. still producing?
- PARKER, J. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER, J. E. is August 2026.
- How much has PARKER, J. E. produced?
- PARKER, J. E. has reported 58,300 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 8 wellbores.
- How much is PARKER, J. E. worth?
- The remaining production from PARKER, J. E. is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER, J. E. is a fraction of it. The estimate fits an Arps decline curve to the production PARKER, J. E. 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. is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER, J. E. generate in a year?
- PARKER, J. E. is forecast to net about $359K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER, J. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Schlachter Operating Corporation |
|---|---|
| Field | Goldsmith, W. (San Andres) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 49711 |
| Wellbores | 8 |
| Reported production | 58,300 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where PARKER, J. E. 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.