BARNARD
BARNARD is a Texas oil lease in Callahan County, Railroad Commission district 7B, operated by Nosivad Oil, Inc. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 680,893 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 $863K, with roughly $166K 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 281 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was August 2017, at 963 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 BARNARD
- Who operates BARNARD?
- BARNARD is operated by Nosivad Oil, Inc., Railroad Commission of Texas operator number 615225.
- Where is BARNARD?
- BARNARD is a Texas oil lease in Callahan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 21928.
- Is BARNARD still producing?
- BARNARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNARD is August 2026.
- How much has BARNARD produced?
- BARNARD has reported 680,893 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is BARNARD worth?
- The remaining production from BARNARD is estimated to be worth about $863K in total as of 26 August 2026, within a range of $673K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNARD is a fraction of it. The estimate fits an Arps decline curve to the production BARNARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNARD is an estimate of value, not an offer and not an appraisal.
- How much income does BARNARD generate in a year?
- BARNARD is forecast to net about $166K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARNARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nosivad Oil, Inc. |
|---|---|
| Field | Nosivad (Cook Sand 1700) |
| County | Callahan County, Texas |
| RRC district | 7B |
| Lease number | 21928 |
| Wellbores | 10 |
| Reported production | 680,893 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $863K |
Where BARNARD 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.