PARABOLICA
PARABOLICA is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Continental Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 261,820 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 $4.3M, with roughly $4.0M 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 25,794 barrels a month. Its strongest month on the record we hold was August 2025, at 50,490 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 PARABOLICA
- Who operates PARABOLICA?
- PARABOLICA is operated by Continental Resources, Inc., Railroad Commission of Texas operator number 173777.
- Where is PARABOLICA?
- PARABOLICA is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63997.
- Is PARABOLICA still producing?
- PARABOLICA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARABOLICA is August 2026.
- How much has PARABOLICA produced?
- PARABOLICA has reported 261,820 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is PARABOLICA worth?
- The remaining production from PARABOLICA is estimated to be worth about $4.3M in total as of 27 August 2026, within a range of $3.6M to $5.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARABOLICA is a fraction of it. The estimate fits an Arps decline curve to the production PARABOLICA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARABOLICA is an estimate of value, not an offer and not an appraisal.
- How much income does PARABOLICA generate in a year?
- PARABOLICA is forecast to net about $4.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARABOLICA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Continental Resources, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63997 |
| Wellbores | 1 |
| Reported production | 261,820 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.3M |
Where PARABOLICA 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.