MULHOLLAND
MULHOLLAND is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Parker & Parsley Development Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 58,563 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 $549K, with roughly $125K 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 271 barrels a month, about 135 per wellbore. Its strongest month on the record we hold was March 2026, at 421 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 MULHOLLAND
- Who operates MULHOLLAND?
- MULHOLLAND is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is MULHOLLAND?
- MULHOLLAND is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 10308.
- Is MULHOLLAND still producing?
- MULHOLLAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MULHOLLAND is August 2026.
- How much has MULHOLLAND produced?
- MULHOLLAND has reported 58,563 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MULHOLLAND worth?
- The remaining production from MULHOLLAND is estimated to be worth about $549K in total as of 27 August 2026, within a range of $429K to $670K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MULHOLLAND is a fraction of it. The estimate fits an Arps decline curve to the production MULHOLLAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MULHOLLAND is an estimate of value, not an offer and not an appraisal.
- How much income does MULHOLLAND generate in a year?
- MULHOLLAND is forecast to net about $125K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MULHOLLAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Price (Grayburg) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 10308 |
| Wellbores | 2 |
| Reported production | 58,563 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $549K |
Where MULHOLLAND 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.