BARNES, LEAH G.
BARNES, LEAH G. is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Phoenix Hydrocarbons Operating. It has 2 wellbores on file with the Commission. Reported production runs from May 2003 to August 2026, totalling 53,048 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 $474K, with roughly $78K 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 86 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was December 2022, at 218 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BARNES, LEAH G.
- Who operates BARNES, LEAH G.?
- BARNES, LEAH G. is operated by Phoenix Hydrocarbons Operating, Railroad Commission of Texas operator number 664125.
- Where is BARNES, LEAH G.?
- BARNES, LEAH G. is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03760.
- Is BARNES, LEAH G. still producing?
- BARNES, LEAH G. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNES, LEAH G. is August 2026.
- How much has BARNES, LEAH G. produced?
- BARNES, LEAH G. has reported 53,048 barrels of oil (bbl) to the Railroad Commission of Texas between May 2003 and August 2026, from 2 wellbores.
- How much is BARNES, LEAH G. worth?
- The remaining production from BARNES, LEAH G. is estimated to be worth about $474K in total as of 27 August 2026, within a range of $261K to $688K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNES, LEAH G. is a fraction of it. The estimate fits an Arps decline curve to the production BARNES, LEAH G. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNES, LEAH G. is an estimate of value, not an offer and not an appraisal.
- How much income does BARNES, LEAH G. generate in a year?
- BARNES, LEAH G. is forecast to net about $78K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARNES, LEAH G. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phoenix Hydrocarbons Operating |
|---|---|
| Field | Alabama Ferry (Glenrose D, West) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 03760 |
| Wellbores | 2 |
| Reported production | 53,048 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $474K |
Where BARNES, LEAH G. 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.