PARROTT, L. E. ESTATE

PARROTT, L. E. ESTATE is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Huston Oil. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,622 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 $454K, with roughly $79K 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 76 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was April 2026, at 173 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, L. E. ESTATE

Who operates PARROTT, L. E. ESTATE?: PARROTT, L. E. ESTATE is operated by Huston Oil, Railroad Commission of Texas operator number 420885.
Where is PARROTT, L. E. ESTATE?: PARROTT, L. E. ESTATE is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 04860.
Is PARROTT, L. E. ESTATE still producing?: PARROTT, L. E. ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARROTT, L. E. ESTATE is August 2026.
How much has PARROTT, L. E. ESTATE produced?: PARROTT, L. E. ESTATE has reported 36,622 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
How much is PARROTT, L. E. ESTATE worth?: The remaining production from PARROTT, L. E. ESTATE is estimated to be worth about $454K in total as of 27 August 2026, within a range of $250K to $658K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARROTT, L. E. ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production PARROTT, L. E. ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARROTT, L. E. ESTATE is an estimate of value, not an offer and not an appraisal.
How much income does PARROTT, L. E. ESTATE generate in a year?: PARROTT, L. E. ESTATE is forecast to net about $79K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARROTT, L. E. ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PARROTT, L. E. ESTATE as filed with the Railroad Commission of Texas
Operator	Huston Oil
Field	Throckmorton County Regular
County	Throckmorton County, Texas
RRC district	7B
Lease number	04860
Wellbores	4
Reported production	36,622 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$454K

Where PARROTT, L. E. ESTATE sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.