HORACE GARRETT ESTATE ET AL 'A'

HORACE GARRETT ESTATE ET AL 'A' is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Partee Drilling Inc. It has 3 wellbores on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 14,296 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 $461K, with roughly $192K 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 364 barrels a month, about 121 per wellbore. Its strongest month on the record we hold was March 2025, at 995 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 HORACE GARRETT ESTATE ET AL 'A'

Who operates HORACE GARRETT ESTATE ET AL 'A'?
HORACE GARRETT ESTATE ET AL 'A' is operated by Partee Drilling Inc., Railroad Commission of Texas operator number 642702.
Where is HORACE GARRETT ESTATE ET AL 'A'?
HORACE GARRETT ESTATE ET AL 'A' is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59997.
Is HORACE GARRETT ESTATE ET AL 'A' still producing?
HORACE GARRETT ESTATE ET AL 'A' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HORACE GARRETT ESTATE ET AL 'A' is August 2026.
How much has HORACE GARRETT ESTATE ET AL 'A' produced?
HORACE GARRETT ESTATE ET AL 'A' has reported 14,296 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 3 wellbores.
How much is HORACE GARRETT ESTATE ET AL 'A' worth?
The remaining production from HORACE GARRETT ESTATE ET AL 'A' is estimated to be worth about $461K in total as of 26 August 2026, within a range of $360K to $563K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HORACE GARRETT ESTATE ET AL 'A' is a fraction of it. The estimate fits an Arps decline curve to the production HORACE GARRETT ESTATE ET AL 'A' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HORACE GARRETT ESTATE ET AL 'A' is an estimate of value, not an offer and not an appraisal.
How much income does HORACE GARRETT ESTATE ET AL 'A' generate in a year?
HORACE GARRETT ESTATE ET AL 'A' is forecast to net about $192K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HORACE GARRETT ESTATE ET AL 'A' receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HORACE GARRETT ESTATE ET AL 'A' as filed with the Railroad Commission of Texas
OperatorPartee Drilling Inc.
FieldMoore (Miss)
CountyHoward County, Texas
RRC district08
Lease number59997
Wellbores3
Reported production14,296 bbl
First reported
Last reported
Estimated royalty value$461K

Where HORACE GARRETT ESTATE ET AL 'A' 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.