PARNELL BROS.
PARNELL BROS. is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Huntington Energy, L.L.C. It has 3 wellbores on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 24,004 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 $241K, with roughly $44K 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 73 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was July 2022, at 331 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 PARNELL BROS.
- Who operates PARNELL BROS.?
- PARNELL BROS. is operated by Huntington Energy, L.L.C., Railroad Commission of Texas operator number 419291.
- Where is PARNELL BROS.?
- PARNELL BROS. is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08244.
- Is PARNELL BROS. still producing?
- PARNELL BROS. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARNELL BROS. is August 2026.
- How much has PARNELL BROS. produced?
- PARNELL BROS. has reported 24,004 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 3 wellbores.
- How much is PARNELL BROS. worth?
- The remaining production from PARNELL BROS. is estimated to be worth about $241K in total as of 27 August 2026, within a range of $133K to $350K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARNELL BROS. is a fraction of it. The estimate fits an Arps decline curve to the production PARNELL BROS. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARNELL BROS. is an estimate of value, not an offer and not an appraisal.
- How much income does PARNELL BROS. generate in a year?
- PARNELL BROS. is forecast to net about $44K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARNELL BROS. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Huntington Energy, L.L.C. |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08244 |
| Wellbores | 3 |
| Reported production | 24,004 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $241K |
Where PARNELL BROS. 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.