PARKER A UNIT
PARKER A UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2017 to August 2026, totalling 413,252 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 $429K, with roughly $77K 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 99 barrels a month. Its strongest month on the record we hold was December 2017, at 33,243 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PARKER A UNIT
- Who operates PARKER A UNIT?
- PARKER A UNIT is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is PARKER A UNIT?
- PARKER A UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50370.
- Is PARKER A UNIT still producing?
- PARKER A UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER A UNIT is August 2026.
- How much has PARKER A UNIT produced?
- PARKER A UNIT has reported 413,252 barrels of oil (bbl) to the Railroad Commission of Texas between November 2017 and August 2026, from 1 wellbore.
- How much is PARKER A UNIT worth?
- The remaining production from PARKER A UNIT is estimated to be worth about $429K in total as of 26 August 2026, within a range of $236K to $622K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER A UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARKER A UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER A UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER A UNIT generate in a year?
- PARKER A UNIT is forecast to net about $77K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER A UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Centennial Resource Prod, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 50370 |
| Wellbores | 1 |
| Reported production | 413,252 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $429K |
Where PARKER A UNIT 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.