PARKS BELL HZ UNIT
PARKS BELL HZ UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Cog Operating LLC. It has 18 wellbores on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 1,737,260 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 $51.3M, with roughly $11.6M 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 14,492 barrels a month, about 805 per wellbore. Its strongest month on the record we hold was April 2020, at 48,114 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 PARKS BELL HZ UNIT
- Who operates PARKS BELL HZ UNIT?
- PARKS BELL HZ UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is PARKS BELL HZ UNIT?
- PARKS BELL HZ UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53121.
- Is PARKS BELL HZ UNIT still producing?
- PARKS BELL HZ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKS BELL HZ UNIT is August 2026.
- How much has PARKS BELL HZ UNIT produced?
- PARKS BELL HZ UNIT has reported 1,737,260 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 18 wellbores.
- How much is PARKS BELL HZ UNIT worth?
- The remaining production from PARKS BELL HZ UNIT is estimated to be worth about $51.3M in total as of 27 August 2026, within a range of $42.1M to $60.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKS BELL HZ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARKS BELL HZ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKS BELL HZ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PARKS BELL HZ UNIT generate in a year?
- PARKS BELL HZ UNIT is forecast to net about $11.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARKS BELL HZ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 53121 |
| Wellbores | 18 |
| Reported production | 1,737,260 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $51.3M |
Where PARKS BELL HZ 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.