BARNWELL, R. C.
BARNWELL, R. C. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Mobil Producing TX. & N.M. Inc. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 195,043 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 $621K, with roughly $118K 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 164 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was August 2016, at 272 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BARNWELL, R. C.
- Who operates BARNWELL, R. C.?
- BARNWELL, R. C. is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is BARNWELL, R. C.?
- BARNWELL, R. C. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06721.
- Is BARNWELL, R. C. still producing?
- BARNWELL, R. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNWELL, R. C. is August 2026.
- How much has BARNWELL, R. C. produced?
- BARNWELL, R. C. has reported 195,043 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
- How much is BARNWELL, R. C. worth?
- The remaining production from BARNWELL, R. C. is estimated to be worth about $621K in total as of 27 August 2026, within a range of $484K to $758K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNWELL, R. C. is a fraction of it. The estimate fits an Arps decline curve to the production BARNWELL, R. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNWELL, R. C. is an estimate of value, not an offer and not an appraisal.
- How much income does BARNWELL, R. C. generate in a year?
- BARNWELL, R. C. is forecast to net about $118K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARNWELL, R. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06721 |
| Wellbores | 15 |
| Reported production | 195,043 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $621K |
Where BARNWELL, R. C. 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.