STRAIN RANCH UNIT 12-13
STRAIN RANCH UNIT 12-13 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 March 2017 to August 2026, totalling 1,702,531 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 $5.4M, with roughly $1.5M 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 1,849 barrels a month, about 616 per wellbore. Its strongest month on the record we hold was April 2017, at 102,336 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 STRAIN RANCH UNIT 12-13
- Who operates STRAIN RANCH UNIT 12-13?
- STRAIN RANCH UNIT 12-13 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is STRAIN RANCH UNIT 12-13?
- STRAIN RANCH UNIT 12-13 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48693.
- Is STRAIN RANCH UNIT 12-13 still producing?
- STRAIN RANCH UNIT 12-13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRAIN RANCH UNIT 12-13 is August 2026.
- How much has STRAIN RANCH UNIT 12-13 produced?
- STRAIN RANCH UNIT 12-13 has reported 1,702,531 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026, from 3 wellbores.
- How much is STRAIN RANCH UNIT 12-13 worth?
- The remaining production from STRAIN RANCH UNIT 12-13 is estimated to be worth about $5.4M in total as of 27 August 2026, within a range of $4.5M to $6.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRAIN RANCH UNIT 12-13 is a fraction of it. The estimate fits an Arps decline curve to the production STRAIN RANCH UNIT 12-13 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 UNIT 12-13 is an estimate of value, not an offer and not an appraisal.
- How much income does STRAIN RANCH UNIT 12-13 generate in a year?
- STRAIN RANCH UNIT 12-13 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STRAIN RANCH UNIT 12-13 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 | 48693 |
| Wellbores | 3 |
| Reported production | 1,702,531 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.4M |
Where STRAIN RANCH UNIT 12-13 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.