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Texas oil lease

Producing

PARKS

Parks is an oil lease in Midland County, Texas, operated by Reverence Operating LLC in the Spraberry (Trend Area) field.

1 well

868bbl oil, last 12 months−15% vs prior year
RRC lease
08-39791

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
2,311 mcf
Oil in Jul 2026
519 bbl

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for PARKS, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 868 bbl in the 12 months through Jul 2026, against 1,026 bbl in the 12 months before.Last 12 months: 868 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for PARKS, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 868 bbl in the 12 months through Jul 2026, against 1,026 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of PARKS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of PARKS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Nov 2020

Operators of this lease over timeThompson, J. Cleo, Jan 2020 to Oct 2020; Reverence Operating LLC, Nov 2020 to Jul 20262020202120222023202420252026Changed Nov 2020Thompson, J. CleoJan 2020 to Oct 2020Reverence Operating LLCNov 2020 to now
Operators of this lease over timeThompson, J. Cleo, Jan 2020 to Oct 2020; Reverence Operating LLC, Nov 2020 to Jul 20262020202120222023202420252026Changed Nov 2020Thompson, J. CleoJan 2020 to Oct 2020Reverence Operating LLCNov 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PARKS
API numberWell no.Status
42-329-360923Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
West Texas Gas, Inc.Casinghead gasGathers100Jun 1, 2019Jan 1, 2023
West Texas Gas, Inc.Casinghead gasBuys100Jun 1, 2019Jan 1, 2023
Eastex Crude CompanyOilGathers100Nov 1, 2020Jan 1, 2023
Plains Marketing, L.p.OilGathers100Jun 15, 2019Nov 1, 2020
Eastex Crude CompanyOilGathers100Jun 1, 2019Jun 15, 2019
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jun 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

160.67 acres on the newest permit

Permits for Parks
API numberWell no.Acreson the permit
42-329-360923160.67

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for PARKS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Reverence Operating5195134914910$80.46$2.89
Jun 2026Reverence Operating1096960$84.81$3.15
May 2026Reverence Operating10330$102.13$2.94
Apr 2026Reverence Operating4027270$100.32$2.77
Mar 2026Reverence Operating10000$91.38$3.04
Feb 2026Reverence Operating10000$64.51$3.62
Jan 2026Reverence Operating140000$60.04$7.72
Dec 2025Reverence Operating6702722720$57.97$4.26
Nov 2025Reverence Operating661695125120$60.06$3.79
Oct 2025Reverence Operating7201681680$60.89$3.19
Sep 2025Reverence Operating631773933930$63.96$2.97
Aug 2025Reverence Operating5903493490$64.86$2.91
Jul 2025Reverence Operating8604104100$68.39$3.20
Jun 2025Reverence Operating591714234230$68.17$3.02
May 2025Reverence Operating9005695690$62.17$3.12
Apr 2025Reverence Operating1011742792790$63.54$3.42
Mar 2025Reverence Operating1151656156150$68.24$4.12
Feb 2025Reverence Operating8102482480$71.53$4.19
Jan 2025Reverence Operating911725435430$75.74$4.13
Dec 2024Reverence Operating7505455450$70.12$3.01
Nov 2024Reverence Operating8516385850$69.95$2.12
Oct 2024Reverence Operating5906086080$71.99$2.20
Sep 2024Reverence Operating8605935930$70.24$2.28
Aug 2024Reverence Operating981595715710$76.68$1.99
Jul 2024Reverence Operating981656216210$81.80$2.07
Jun 2024Reverence Operating8906146140$79.77$2.54
May 2024Reverence Operating981686226220$80.02$2.12
Apr 2024Reverence Operating9505755750$85.35$1.60
Mar 2024Reverence Operating1071656306300$81.28$1.49
Feb 2024Reverence Operating1121685795790$77.25$1.72
Jan 2024Reverence Operating9205785780$74.15$3.18
Dec 2023Reverence Operating1131756366360$71.90$2.52
Nov 2023Reverence Operating8905905900$77.69$2.71
Oct 2023Reverence Operating961696406400$85.64$2.98
Sep 2023Reverence Operating8406316310$89.43$2.64
Aug 2023Reverence Operating1151683123120$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Reverence Operating LLC in Midland County

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Spraberry (Trend Area) field

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