DEVIN 25-24
DEVIN 25-24 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Parsley Energy Operations, LLC. It has 4 wellbores on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 1,053,372 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 $7.9M, with roughly $2.4M 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 2,056 barrels a month, about 514 per wellbore. Its strongest month on the record we hold was December 2018, at 63,972 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 DEVIN 25-24
- Who operates DEVIN 25-24?
- DEVIN 25-24 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is DEVIN 25-24?
- DEVIN 25-24 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19896.
- Is DEVIN 25-24 still producing?
- DEVIN 25-24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEVIN 25-24 is August 2026.
- How much has DEVIN 25-24 produced?
- DEVIN 25-24 has reported 1,053,372 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 4 wellbores.
- How much is DEVIN 25-24 worth?
- The remaining production from DEVIN 25-24 is estimated to be worth about $7.9M in total as of 27 August 2026, within a range of $6.6M to $9.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEVIN 25-24 is a fraction of it. The estimate fits an Arps decline curve to the production DEVIN 25-24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEVIN 25-24 is an estimate of value, not an offer and not an appraisal.
- How much income does DEVIN 25-24 generate in a year?
- DEVIN 25-24 is forecast to net about $2.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DEVIN 25-24 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 | 19896 |
| Wellbores | 4 |
| Reported production | 1,053,372 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where DEVIN 25-24 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.