RINGO 10 AND 7
RINGO 10 AND 7 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 April 2016 to August 2026, totalling 632,630 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 $1.5M, with roughly $747K 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 1,218 barrels a month, about 609 per wellbore. Its strongest month on the record we hold was March 2017, at 43,902 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 RINGO 10 AND 7
- Who operates RINGO 10 AND 7?
- RINGO 10 AND 7 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is RINGO 10 AND 7?
- RINGO 10 AND 7 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19420.
- Is RINGO 10 AND 7 still producing?
- RINGO 10 AND 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RINGO 10 AND 7 is August 2026.
- How much has RINGO 10 AND 7 produced?
- RINGO 10 AND 7 has reported 632,630 barrels of oil (bbl) to the Railroad Commission of Texas between April 2016 and August 2026, from 2 wellbores.
- How much is RINGO 10 AND 7 worth?
- The remaining production from RINGO 10 AND 7 is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.3M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RINGO 10 AND 7 is a fraction of it. The estimate fits an Arps decline curve to the production RINGO 10 AND 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RINGO 10 AND 7 is an estimate of value, not an offer and not an appraisal.
- How much income does RINGO 10 AND 7 generate in a year?
- RINGO 10 AND 7 is forecast to net about $747K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RINGO 10 AND 7 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 | 19420 |
| Wellbores | 2 |
| Reported production | 632,630 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where RINGO 10 AND 7 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.