EVANGELINE "A"
EVANGELINE "A" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Parker & Parsley Development L.P. It has 3 wellbores on file with the Commission. Reported production runs from March 1995 to August 2026, totalling 94,645 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 $498K, with roughly $94K 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 117 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was July 2024, at 853 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 EVANGELINE "A"
- Who operates EVANGELINE "A"?
- EVANGELINE "A" is operated by Parker & Parsley Development L.P, Railroad Commission of Texas operator number 640886.
- Where is EVANGELINE "A"?
- EVANGELINE "A" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34450.
- Is EVANGELINE "A" still producing?
- EVANGELINE "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EVANGELINE "A" is August 2026.
- How much has EVANGELINE "A" produced?
- EVANGELINE "A" has reported 94,645 barrels of oil (bbl) to the Railroad Commission of Texas between March 1995 and August 2026, from 3 wellbores.
- How much is EVANGELINE "A" worth?
- The remaining production from EVANGELINE "A" is estimated to be worth about $498K in total as of 27 August 2026, within a range of $388K to $607K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EVANGELINE "A" is a fraction of it. The estimate fits an Arps decline curve to the production EVANGELINE "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EVANGELINE "A" is an estimate of value, not an offer and not an appraisal.
- How much income does EVANGELINE "A" generate in a year?
- EVANGELINE "A" is forecast to net about $94K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EVANGELINE "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development L.P |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 34450 |
| Wellbores | 3 |
| Reported production | 94,645 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $498K |
Where EVANGELINE "A" 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.