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Texas oil lease

Producing

PARKS

Parks is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.

12 wells

164,475bbl oil, last 12 months−20% vs prior year
RRC lease
08-47553

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
314,067 mcf
Oil in Jul 2026
14,845 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for PARKS, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 164,475 bbl in the 12 months through Jul 2026, against 204,435 bbl in the 12 months before.Last 12 months: 164,475 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for PARKS, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 164,475 bbl in the 12 months through Jul 2026, against 204,435 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 9.6% of the gas in Jan 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of PARKS gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.6% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of PARKS gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.6% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 9.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 308,021 mcf

  • Lease fuel (1)

    1.6% · 5,074 mcf

  • Flared (4)

    0.3% · 972 mcf

0.3% of the gas flared in the last 12 months. One month above 3%.

12 wells on this lease

Wells on PARKS
API numberWell no.Status
42-329-393512601HActive
42-329-393552504HActive
42-329-393882602HActive
42-329-405812527SHActive
42-329-405852528SHActive
42-329-405872526SHActive
42-329-405890428SHActive
42-329-425630446SHActive
42-329-425640416AHActive
42-329-425650427SHActive
42-329-425660417AHActive
42-329-425810408BHShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022–
Hollyfrontier Ref & Mktg LLCOilGathers50Dec 1, 2022–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Mar 1, 2019Dec 1, 2022
Hollyfrontier Ref & Mktg LLCOilGathers50Mar 1, 2018Mar 1, 2019
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Mar 1, 2018Mar 1, 2019

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

6,679.60 acres on the newest permit

12 wells are listed on this lease

Permits for Parks
API numberWell no.Acreson the permit
42-329-425630446SH6,679.60
42-329-425640416AH6,679.60
42-329-425650427SH6,679.60
42-329-425660417AH6,679.60
42-329-425810408BH6,679.60
42-329-405812527SH6,679.60
42-329-393512601H6,679.60
42-329-393552504H6,679.60
42-329-393882602H6,679.60
42-329-405852528SH6,679.60
42-329-405872526SH6,679.60
42-329-405890428SH6,679.60

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 202614,84514,66415,16814,68429$80.46$2.89
Jun 20268,3278,4788,2437,83639$84.81$3.15
May 202613,29113,17611,68311,18790$102.13$2.94
Apr 20269,6599,72412,54312,17417$100.32$2.77
Mar 202616,50016,45538,48037,9840$91.38$3.04
Feb 202613,37513,32727,45126,97461$64.51$3.62
Jan 202611,92111,95931,93331,47718$60.04$7.72
Dec 202515,82115,87443,71842,657588$57.97$4.26
Nov 202514,93614,88131,98931,54732$60.06$3.79
Oct 202515,74115,75530,37829,93121$60.89$3.19
Sep 202516,78416,75232,12031,61877$63.96$2.97
Aug 202513,27513,25430,36129,9520$64.86$2.91
Jul 202515,93916,02937,88737,42615$68.39$3.20
Jun 202515,96515,91536,29835,8570$68.17$3.02
May 202519,87519,86742,19241,66255$62.17$3.12
Apr 202518,08418,10137,97037,47647$63.54$3.42
Mar 202521,00620,97741,63240,958218$68.24$4.12
Feb 202514,35114,32823,88523,5230$71.53$4.19
Jan 202513,90013,94733,64529,9323,236$75.74$4.13
Dec 202417,27917,34343,41542,9180$70.12$3.01
Nov 202423,29423,34542,15841,6210$69.95$2.12
Oct 202417,43517,38129,42428,9420$71.99$2.20
Sep 202412,39312,30119,46118,622439$70.24$2.28
Aug 202414,91414,94130,40929,8710$76.68$1.99
Jul 202417,97217,99825,84425,3250$81.80$2.07
Jun 202417,36717,33715,11314,7040$79.77$2.54
May 202420,94020,95027,68727,2140$80.02$2.12
Apr 202419,61819,54336,85436,3630$85.35$1.60
Mar 202419,02219,05120,27719,8280$81.28$1.49
Feb 202415,53115,59414,95214,5360$77.25$1.72
Jan 202415,77215,63215,15914,7510$74.15$3.18
Dec 202317,33617,37518,92918,4830$71.90$2.52
Nov 202317,82917,85726,87626,4110$77.69$2.71
Oct 202316,98616,98338,34437,8050$85.64$2.98
Sep 202320,43920,48251,20150,6380$89.43$2.64
Aug 202319,65919,58733,45832,820108$81.39$2.58

Flared above 3%

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

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Nearby

XTO Energy Inc. in Midland County

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Spraberry (Trend Area) field

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