NORTH PEMBROOK SPRABERRY UNIT
NORTH PEMBROOK SPRABERRY UNIT is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Parker & Parsley Development Co. It has 380 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,919,370 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 $59.1M, with roughly $15.2M 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 20,971 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was November 2022, at 41,728 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NORTH PEMBROOK SPRABERRY UNIT
- Who operates NORTH PEMBROOK SPRABERRY UNIT?
- NORTH PEMBROOK SPRABERRY UNIT is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is NORTH PEMBROOK SPRABERRY UNIT?
- NORTH PEMBROOK SPRABERRY UNIT is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 03913.
- Is NORTH PEMBROOK SPRABERRY UNIT still producing?
- NORTH PEMBROOK SPRABERRY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH PEMBROOK SPRABERRY UNIT is August 2026.
- How much has NORTH PEMBROOK SPRABERRY UNIT produced?
- NORTH PEMBROOK SPRABERRY UNIT has reported 12,919,370 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 380 wellbores.
- How much is NORTH PEMBROOK SPRABERRY UNIT worth?
- The remaining production from NORTH PEMBROOK SPRABERRY UNIT is estimated to be worth about $59.1M in total as of 27 August 2026, within a range of $48.5M to $69.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH PEMBROOK SPRABERRY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH PEMBROOK SPRABERRY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH PEMBROOK SPRABERRY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH PEMBROOK SPRABERRY UNIT generate in a year?
- NORTH PEMBROOK SPRABERRY UNIT is forecast to net about $15.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH PEMBROOK SPRABERRY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 03913 |
| Wellbores | 380 |
| Reported production | 12,919,370 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $59.1M |
Where NORTH PEMBROOK SPRABERRY 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.