PARKS, ROY
PARKS, ROY is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Cog Operating LLC. It has 39 wellbores on file with the Commission. Reported production runs from April 2009 to August 2026, totalling 6,323,469 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 $129.6M, with roughly $38.3M 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 71,890 barrels a month, about 1,843 per wellbore. Its strongest month on the record we hold was November 2024, at 246,824 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 PARKS, ROY
- Who operates PARKS, ROY?
- PARKS, ROY is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is PARKS, ROY?
- PARKS, ROY is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39583.
- Is PARKS, ROY still producing?
- PARKS, ROY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKS, ROY is August 2026.
- How much has PARKS, ROY produced?
- PARKS, ROY has reported 6,323,469 barrels of oil (bbl) to the Railroad Commission of Texas between April 2009 and August 2026, from 39 wellbores.
- How much is PARKS, ROY worth?
- The remaining production from PARKS, ROY is estimated to be worth about $129.6M in total as of 26 August 2026, within a range of $106.3M to $153.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKS, ROY is a fraction of it. The estimate fits an Arps decline curve to the production PARKS, ROY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKS, ROY is an estimate of value, not an offer and not an appraisal.
- How much income does PARKS, ROY generate in a year?
- PARKS, ROY is forecast to net about $38.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKS, ROY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Parks (Consolidated) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 39583 |
| Wellbores | 39 |
| Reported production | 6,323,469 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $129.6M |
Where PARKS, ROY 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.