RANCHLAND C UNIT
RANCHLAND C UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 3 wellbores on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 1,434,224 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 $16.1M, 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 4,992 barrels a month, about 1,664 per wellbore. Its strongest month on the record we hold was June 2019, at 89,166 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 RANCHLAND C UNIT
- Who operates RANCHLAND C UNIT?
- RANCHLAND C UNIT is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is RANCHLAND C UNIT?
- RANCHLAND C UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53995.
- Is RANCHLAND C UNIT still producing?
- RANCHLAND C UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANCHLAND C UNIT is August 2026.
- How much has RANCHLAND C UNIT produced?
- RANCHLAND C UNIT has reported 1,434,224 barrels of oil (bbl) to the Railroad Commission of Texas between May 2019 and August 2026, from 3 wellbores.
- How much is RANCHLAND C UNIT worth?
- The remaining production from RANCHLAND C UNIT is estimated to be worth about $16.1M in total as of 27 August 2026, within a range of $13.3M to $18.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANCHLAND C UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RANCHLAND C UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANCHLAND C UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RANCHLAND C UNIT generate in a year?
- RANCHLAND C UNIT 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 RANCHLAND C UNIT 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 53995 |
| Wellbores | 3 |
| Reported production | 1,434,224 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.1M |
Where RANCHLAND C UNIT 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.