PARROTT, J. E.
PARROTT, J. E. is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Pardue, William M., III. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,026 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 $238K, with roughly $46K 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 71 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was August 2020, at 150 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 PARROTT, J. E.
- Who operates PARROTT, J. E.?
- PARROTT, J. E. is operated by Pardue, William M., III, Railroad Commission of Texas operator number 639340.
- Where is PARROTT, J. E.?
- PARROTT, J. E. is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 04811.
- Is PARROTT, J. E. still producing?
- PARROTT, J. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARROTT, J. E. is August 2026.
- How much has PARROTT, J. E. produced?
- PARROTT, J. E. has reported 44,026 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is PARROTT, J. E. worth?
- The remaining production from PARROTT, J. E. is estimated to be worth about $238K in total as of 26 August 2026, within a range of $131K to $345K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARROTT, J. E. is a fraction of it. The estimate fits an Arps decline curve to the production PARROTT, J. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARROTT, J. E. is an estimate of value, not an offer and not an appraisal.
- How much income does PARROTT, J. E. generate in a year?
- PARROTT, J. E. is forecast to net about $46K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARROTT, J. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pardue, William M., III |
|---|---|
| Field | Throckmorton County Regular |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 04811 |
| Wellbores | 3 |
| Reported production | 44,026 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $238K |
Where PARROTT, J. E. 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.