STRAIN RANCH 12-1-D
STRAIN RANCH 12-1-D is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 286,508 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 $3.6M, with roughly $959K 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 731 barrels a month. Its strongest month on the record we hold was April 2019, at 29,091 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 STRAIN RANCH 12-1-D
- Who operates STRAIN RANCH 12-1-D?
- STRAIN RANCH 12-1-D is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is STRAIN RANCH 12-1-D?
- STRAIN RANCH 12-1-D is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52366.
- Is STRAIN RANCH 12-1-D still producing?
- STRAIN RANCH 12-1-D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRAIN RANCH 12-1-D is August 2026.
- How much has STRAIN RANCH 12-1-D produced?
- STRAIN RANCH 12-1-D has reported 286,508 barrels of oil (bbl) to the Railroad Commission of Texas between March 2019 and August 2026, from 1 wellbore.
- How much is STRAIN RANCH 12-1-D worth?
- The remaining production from STRAIN RANCH 12-1-D is estimated to be worth about $3.6M in total as of 27 August 2026, within a range of $2.8M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRAIN RANCH 12-1-D is a fraction of it. The estimate fits an Arps decline curve to the production STRAIN RANCH 12-1-D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRAIN RANCH 12-1-D is an estimate of value, not an offer and not an appraisal.
- How much income does STRAIN RANCH 12-1-D generate in a year?
- STRAIN RANCH 12-1-D is forecast to net about $959K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STRAIN RANCH 12-1-D 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 | Martin County, Texas |
| RRC district | 08 |
| Lease number | 52366 |
| Wellbores | 1 |
| Reported production | 286,508 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where STRAIN RANCH 12-1-D 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.