BAST 34
BAST 34 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Parsley Energy Operations, LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 181,080 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 $1.3M, with roughly $331K 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 420 barrels a month, about 210 per wellbore. Its strongest month on the record we hold was March 2017, at 4,728 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BAST 34
- Who operates BAST 34?
- BAST 34 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is BAST 34?
- BAST 34 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18907.
- Is BAST 34 still producing?
- BAST 34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAST 34 is August 2026.
- How much has BAST 34 produced?
- BAST 34 has reported 181,080 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 2 wellbores.
- How much is BAST 34 worth?
- The remaining production from BAST 34 is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $994K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAST 34 is a fraction of it. The estimate fits an Arps decline curve to the production BAST 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAST 34 is an estimate of value, not an offer and not an appraisal.
- How much income does BAST 34 generate in a year?
- BAST 34 is forecast to net about $331K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BAST 34 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) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 18907 |
| Wellbores | 2 |
| Reported production | 181,080 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where BAST 34 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.