01 - Heat vegetable oil in a large Dutch oven over medium heat. Add bacon and cook until crisp. Remove bacon and set aside, keeping rendered fat in pot.
02 - Add sliced sausage to the pot and cook until browned. Remove sausage and set aside with bacon.
03 - Add onion, bell pepper, and celery to the pot. Sauté 5–6 minutes until softened. Add garlic and cook 1 additional minute.
04 - Return sausage and bacon to pot. Add red beans, broth, bay leaf, thyme, smoked paprika, cayenne, oregano, black pepper, and salt. Stir well to combine.
05 - Bring to boil, reduce heat, and simmer uncovered 45 minutes, stirring occasionally. Add water or broth if soup becomes too thick.
06 - Rinse rice under cold water. Combine rice, water, and salt in saucepan. Bring to boil, reduce heat, cover and simmer 15 minutes until tender. Remove from heat and steam 5 minutes. Fluff with fork.
07 - Remove bay leaf from soup. Stir in chopped parsley. Taste and adjust seasoning. Ladle soup into bowls, top with hot rice, and garnish with additional parsley if desired.