JERSEY 38-47-A
JERSEY 38-47-A is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 3 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 908,687 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 $10.6M, with roughly $2.7M 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 3,364 barrels a month, about 1,121 per wellbore. Its strongest month on the record we hold was November 2018, at 56,251 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 JERSEY 38-47-A
- Who operates JERSEY 38-47-A?
- JERSEY 38-47-A is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is JERSEY 38-47-A?
- JERSEY 38-47-A is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51591.
- Is JERSEY 38-47-A still producing?
- JERSEY 38-47-A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JERSEY 38-47-A is August 2026.
- How much has JERSEY 38-47-A produced?
- JERSEY 38-47-A has reported 908,687 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 3 wellbores.
- How much is JERSEY 38-47-A worth?
- The remaining production from JERSEY 38-47-A is estimated to be worth about $10.6M in total as of 27 August 2026, within a range of $8.8M to $12.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JERSEY 38-47-A is a fraction of it. The estimate fits an Arps decline curve to the production JERSEY 38-47-A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JERSEY 38-47-A is an estimate of value, not an offer and not an appraisal.
- How much income does JERSEY 38-47-A generate in a year?
- JERSEY 38-47-A is forecast to net about $2.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JERSEY 38-47-A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 51591 |
| Wellbores | 3 |
| Reported production | 908,687 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.6M |
Where JERSEY 38-47-A 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.