PARKS BELL
PARKS BELL is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 28 wellbores on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 3,032,756 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 $881K, with roughly $162K 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 218 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was October 2018, at 122,670 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 PARKS BELL
- Who operates PARKS BELL?
- PARKS BELL is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is PARKS BELL?
- PARKS BELL is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38829.
- Is PARKS BELL still producing?
- PARKS BELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKS BELL is August 2026.
- How much has PARKS BELL produced?
- PARKS BELL has reported 3,032,756 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 28 wellbores.
- How much is PARKS BELL worth?
- The remaining production from PARKS BELL is estimated to be worth about $881K in total as of 27 August 2026, within a range of $687K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKS BELL is a fraction of it. The estimate fits an Arps decline curve to the production PARKS BELL 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 is an estimate of value, not an offer and not an appraisal.
- How much income does PARKS BELL generate in a year?
- PARKS BELL is forecast to net about $162K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARKS BELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 38829 |
| Wellbores | 28 |
| Reported production | 3,032,756 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $881K |
Where PARKS BELL 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.