PARKER RANCHLAND 21
PARKER RANCHLAND 21 is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Ica Energy Operating, L.L.C. It has 4 wellbores on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 146,661 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 $839K, with roughly $161K 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 228 barrels a month, about 57 per wellbore. Its strongest month on the record we hold was June 2016, at 1,016 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 RANCHLAND 21
- Who operates PARKER RANCHLAND 21?
- PARKER RANCHLAND 21 is operated by Ica Energy Operating, L.L.C., Railroad Commission of Texas operator number 421777.
- Where is PARKER RANCHLAND 21?
- PARKER RANCHLAND 21 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44727.
- Is PARKER RANCHLAND 21 still producing?
- PARKER RANCHLAND 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER RANCHLAND 21 is August 2026.
- How much has PARKER RANCHLAND 21 produced?
- PARKER RANCHLAND 21 has reported 146,661 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 4 wellbores.
- How much is PARKER RANCHLAND 21 worth?
- The remaining production from PARKER RANCHLAND 21 is estimated to be worth about $839K in total as of 26 August 2026, within a range of $655K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER RANCHLAND 21 is a fraction of it. The estimate fits an Arps decline curve to the production PARKER RANCHLAND 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER RANCHLAND 21 is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER RANCHLAND 21 generate in a year?
- PARKER RANCHLAND 21 is forecast to net about $161K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER RANCHLAND 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ica Energy Operating, L.L.C. |
|---|---|
| Field | Monahans Draw (Canyon 8388) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 44727 |
| Wellbores | 4 |
| Reported production | 146,661 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $839K |
Where PARKER RANCHLAND 21 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.