RUTH 47
RUTH 47 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 3 wellbores on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 172,461 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 $795K, with roughly $321K 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 523 barrels a month, about 174 per wellbore. Its strongest month on the record we hold was May 2019, at 3,979 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 RUTH 47
- Who operates RUTH 47?
- RUTH 47 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is RUTH 47?
- RUTH 47 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45292.
- Is RUTH 47 still producing?
- RUTH 47 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUTH 47 is August 2026.
- How much has RUTH 47 produced?
- RUTH 47 has reported 172,461 barrels of oil (bbl) to the Railroad Commission of Texas between January 2014 and August 2026, from 3 wellbores.
- How much is RUTH 47 worth?
- The remaining production from RUTH 47 is estimated to be worth about $795K in total as of 26 August 2026, within a range of $620K to $969K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUTH 47 is a fraction of it. The estimate fits an Arps decline curve to the production RUTH 47 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUTH 47 is an estimate of value, not an offer and not an appraisal.
- How much income does RUTH 47 generate in a year?
- RUTH 47 is forecast to net about $321K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RUTH 47 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) R 40 Exc |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 45292 |
| Wellbores | 3 |
| Reported production | 172,461 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $795K |
Where RUTH 47 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.