REESE 15-10-B
REESE 15-10-B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Parsley Energy Operations, LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 639,124 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 $7.7M, with roughly $1.8M 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 1,904 barrels a month, about 952 per wellbore. Its strongest month on the record we hold was May 2019, at 77,259 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 REESE 15-10-B
- Who operates REESE 15-10-B?
- REESE 15-10-B is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is REESE 15-10-B?
- REESE 15-10-B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20421.
- Is REESE 15-10-B still producing?
- REESE 15-10-B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REESE 15-10-B is August 2026.
- How much has REESE 15-10-B produced?
- REESE 15-10-B has reported 639,124 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 2 wellbores.
- How much is REESE 15-10-B worth?
- The remaining production from REESE 15-10-B is estimated to be worth about $7.7M in total as of 27 August 2026, within a range of $6.4M to $9.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REESE 15-10-B is a fraction of it. The estimate fits an Arps decline curve to the production REESE 15-10-B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REESE 15-10-B is an estimate of value, not an offer and not an appraisal.
- How much income does REESE 15-10-B generate in a year?
- REESE 15-10-B is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REESE 15-10-B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20421 |
| Wellbores | 2 |
| Reported production | 639,124 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.7M |
Where REESE 15-10-B 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.