LIGON 730
LIGON 730 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 2 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 444,538 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 $1.7M, with roughly $804K 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 1,335 barrels a month, about 668 per wellbore. Its strongest month on the record we hold was November 2018, at 28,845 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 LIGON 730
- Who operates LIGON 730?
- LIGON 730 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is LIGON 730?
- LIGON 730 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52629.
- Is LIGON 730 still producing?
- LIGON 730 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIGON 730 is August 2026.
- How much has LIGON 730 produced?
- LIGON 730 has reported 444,538 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 2 wellbores.
- How much is LIGON 730 worth?
- The remaining production from LIGON 730 is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIGON 730 is a fraction of it. The estimate fits an Arps decline curve to the production LIGON 730 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIGON 730 is an estimate of value, not an offer and not an appraisal.
- How much income does LIGON 730 generate in a year?
- LIGON 730 is forecast to net about $804K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LIGON 730 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 | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 52629 |
| Wellbores | 2 |
| Reported production | 444,538 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where LIGON 730 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.