PARKER UNIT
PARKER UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 43,172 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 $531K, with roughly $75K 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 51 barrels a month. Its strongest month on the record we hold was May 2016, at 275 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PARKER UNIT
- Who operates PARKER UNIT?
- PARKER UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PARKER UNIT?
- PARKER UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33190.
- Is PARKER UNIT still producing?
- PARKER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER UNIT is August 2026.
- How much has PARKER UNIT produced?
- PARKER UNIT has reported 43,172 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 1 wellbore.
- How much is PARKER UNIT worth?
- The remaining production from PARKER UNIT is estimated to be worth about $531K in total as of 26 August 2026, within a range of $292K to $771K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARKER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER UNIT generate in a year?
- PARKER UNIT is forecast to net about $75K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 33190 |
| Wellbores | 1 |
| Reported production | 43,172 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $531K |
Where PARKER 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.