BARNES, D. E. ESTATE
BARNES, D. E. ESTATE is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Cimarex Energy Co. Of Colorado. It has 4 wellbores on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 1,018,070 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 $8.3M, with roughly $2.0M 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 2,549 barrels a month, about 637 per wellbore. Its strongest month on the record we hold was December 2019, at 20,232 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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, D. E. ESTATE
- Who operates BARNES, D. E. ESTATE?
- BARNES, D. E. ESTATE is operated by Cimarex Energy Co. Of Colorado, Railroad Commission of Texas operator number 153429.
- Where is BARNES, D. E. ESTATE?
- BARNES, D. E. ESTATE is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38700.
- Is BARNES, D. E. ESTATE still producing?
- BARNES, D. E. ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNES, D. E. ESTATE is August 2026.
- How much has BARNES, D. E. ESTATE produced?
- BARNES, D. E. ESTATE has reported 1,018,070 barrels of oil (bbl) to the Railroad Commission of Texas between September 2007 and August 2026, from 4 wellbores.
- How much is BARNES, D. E. ESTATE worth?
- The remaining production from BARNES, D. E. ESTATE is estimated to be worth about $8.3M in total as of 26 August 2026, within a range of $6.9M to $9.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNES, D. E. ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production BARNES, D. E. ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNES, D. E. ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does BARNES, D. E. ESTATE generate in a year?
- BARNES, D. E. ESTATE is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARNES, D. E. ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. Of Colorado |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 38700 |
| Wellbores | 4 |
| Reported production | 1,018,070 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.3M |
Where BARNES, D. E. ESTATE 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.