BARSTOW 40
BARSTOW 40 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jetta Operating Company, Inc. It has 8 wellbores on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 325,775 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 $13.3M, with roughly $3.5M 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 4,933 barrels a month, about 617 per wellbore. Its strongest month on the record we hold was July 2023, at 9,134 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 BARSTOW 40
- Who operates BARSTOW 40?
- BARSTOW 40 is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is BARSTOW 40?
- BARSTOW 40 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54844.
- Is BARSTOW 40 still producing?
- BARSTOW 40 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARSTOW 40 is August 2026.
- How much has BARSTOW 40 produced?
- BARSTOW 40 has reported 325,775 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 8 wellbores.
- How much is BARSTOW 40 worth?
- The remaining production from BARSTOW 40 is estimated to be worth about $13.3M in total as of 26 August 2026, within a range of $11.0M to $15.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARSTOW 40 is a fraction of it. The estimate fits an Arps decline curve to the production BARSTOW 40 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARSTOW 40 is an estimate of value, not an offer and not an appraisal.
- How much income does BARSTOW 40 generate in a year?
- BARSTOW 40 is forecast to net about $3.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARSTOW 40 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jetta Operating Company, Inc. |
|---|---|
| Field | Collie (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 54844 |
| Wellbores | 8 |
| Reported production | 325,775 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.3M |
Where BARSTOW 40 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.