DICKENSON -C-
DICKENSON -C- is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 180,800 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 $903K, with roughly $170K 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 285 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was February 2019, at 750 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 DICKENSON -C-
- Who operates DICKENSON -C-?
- DICKENSON -C- is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is DICKENSON -C-?
- DICKENSON -C- is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21525.
- Is DICKENSON -C- still producing?
- DICKENSON -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DICKENSON -C- is August 2026.
- How much has DICKENSON -C- produced?
- DICKENSON -C- has reported 180,800 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is DICKENSON -C- worth?
- The remaining production from DICKENSON -C- is estimated to be worth about $903K in total as of 26 August 2026, within a range of $704K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DICKENSON -C- is a fraction of it. The estimate fits an Arps decline curve to the production DICKENSON -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DICKENSON -C- is an estimate of value, not an offer and not an appraisal.
- How much income does DICKENSON -C- generate in a year?
- DICKENSON -C- is forecast to net about $170K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DICKENSON -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 21525 |
| Wellbores | 12 |
| Reported production | 180,800 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $903K |
Where DICKENSON -C- 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.