PARRAMORE
PARRAMORE is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Steller Energy & Investment Corp. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 22,082 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 $278K, with roughly $45K 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 42 barrels a month. Its strongest month on the record we hold was January 2017, at 534 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 PARRAMORE
- Who operates PARRAMORE?
- PARRAMORE is operated by Steller Energy & Investment Corp, Railroad Commission of Texas operator number 817320.
- Where is PARRAMORE?
- PARRAMORE is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45686.
- Is PARRAMORE still producing?
- PARRAMORE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARRAMORE is August 2026.
- How much has PARRAMORE produced?
- PARRAMORE has reported 22,082 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is PARRAMORE worth?
- The remaining production from PARRAMORE is estimated to be worth about $278K in total as of 26 August 2026, within a range of $153K to $403K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARRAMORE is a fraction of it. The estimate fits an Arps decline curve to the production PARRAMORE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARRAMORE is an estimate of value, not an offer and not an appraisal.
- How much income does PARRAMORE generate in a year?
- PARRAMORE is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARRAMORE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Steller Energy & Investment Corp |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 45686 |
| Wellbores | 1 |
| Reported production | 22,082 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $278K |
Where PARRAMORE 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.