WILLOW STATE UNIT 24-25
WILLOW STATE UNIT 24-25 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 3 wellbores on file with the Commission. Reported production runs from December 2017 to August 2026, totalling 1,524,576 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 $17.9M, with roughly $4.7M 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 6,318 barrels a month, about 2,106 per wellbore. Its strongest month on the record we hold was January 2018, at 102,006 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 WILLOW STATE UNIT 24-25
- Who operates WILLOW STATE UNIT 24-25?
- WILLOW STATE UNIT 24-25 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is WILLOW STATE UNIT 24-25?
- WILLOW STATE UNIT 24-25 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50538.
- Is WILLOW STATE UNIT 24-25 still producing?
- WILLOW STATE UNIT 24-25 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLOW STATE UNIT 24-25 is August 2026.
- How much has WILLOW STATE UNIT 24-25 produced?
- WILLOW STATE UNIT 24-25 has reported 1,524,576 barrels of oil (bbl) to the Railroad Commission of Texas between December 2017 and August 2026, from 3 wellbores.
- How much is WILLOW STATE UNIT 24-25 worth?
- The remaining production from WILLOW STATE UNIT 24-25 is estimated to be worth about $17.9M in total as of 27 August 2026, within a range of $14.8M to $20.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLOW STATE UNIT 24-25 is a fraction of it. The estimate fits an Arps decline curve to the production WILLOW STATE UNIT 24-25 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLOW STATE UNIT 24-25 is an estimate of value, not an offer and not an appraisal.
- How much income does WILLOW STATE UNIT 24-25 generate in a year?
- WILLOW STATE UNIT 24-25 is forecast to net about $4.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WILLOW STATE UNIT 24-25 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 50538 |
| Wellbores | 3 |
| Reported production | 1,524,576 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17.9M |
Where WILLOW STATE UNIT 24-25 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.