PARKER UNIT
PARKER UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 7 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 2,739,448 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 $18.4M, with roughly $8.1M 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 13,032 barrels a month, about 1,862 per wellbore. Its strongest month on the record we hold was December 2022, at 106,772 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 PARKER UNIT
- Who operates PARKER UNIT?
- PARKER UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PARKER UNIT?
- PARKER UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11531.
- Is PARKER UNIT still producing?
- PARKER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER UNIT is August 2026.
- How much has PARKER UNIT produced?
- PARKER UNIT has reported 2,739,448 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 7 wellbores.
- How much is PARKER UNIT worth?
- The remaining production from PARKER UNIT is estimated to be worth about $18.4M in total as of 26 August 2026, within a range of $15.1M to $21.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARKER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER UNIT generate in a year?
- PARKER UNIT is forecast to net about $8.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11531 |
| Wellbores | 7 |
| Reported production | 2,739,448 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18.4M |
Where PARKER 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.