BUS BARN
BUS BARN is a Texas oil lease in Midland County, Railroad Commission district 08, operated by RSP Permian, LLC. It has 14 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 1,234,994 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 $9.9M, with roughly $2.5M 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 3,407 barrels a month, about 243 per wellbore. Its strongest month on the record we hold was March 2017, at 8,619 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 BUS BARN
- Who operates BUS BARN?
- BUS BARN is operated by RSP Permian, LLC, Railroad Commission of Texas operator number 732224.
- Where is BUS BARN?
- BUS BARN is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41934.
- Is BUS BARN still producing?
- BUS BARN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUS BARN is August 2026.
- How much has BUS BARN produced?
- BUS BARN has reported 1,234,994 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 14 wellbores.
- How much is BUS BARN worth?
- The remaining production from BUS BARN is estimated to be worth about $9.9M in total as of 27 August 2026, within a range of $8.2M to $11.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUS BARN is a fraction of it. The estimate fits an Arps decline curve to the production BUS BARN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUS BARN is an estimate of value, not an offer and not an appraisal.
- How much income does BUS BARN generate in a year?
- BUS BARN is forecast to net about $2.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUS BARN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | RSP Permian, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 41934 |
| Wellbores | 14 |
| Reported production | 1,234,994 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.9M |
Where BUS BARN 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.