FARR, INEZ HEIRS
FARR, INEZ HEIRS is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Seitz, J. R. & Adam. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 54,984 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 $376K, with roughly $72K 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 98 barrels a month. Its strongest month on the record we hold was December 2020, at 194 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FARR, INEZ HEIRS
- Who operates FARR, INEZ HEIRS?
- FARR, INEZ HEIRS is operated by Seitz, J. R. & Adam, Railroad Commission of Texas operator number 764660.
- Where is FARR, INEZ HEIRS?
- FARR, INEZ HEIRS is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28379.
- Is FARR, INEZ HEIRS still producing?
- FARR, INEZ HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARR, INEZ HEIRS is August 2026.
- How much has FARR, INEZ HEIRS produced?
- FARR, INEZ HEIRS has reported 54,984 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FARR, INEZ HEIRS worth?
- The remaining production from FARR, INEZ HEIRS is estimated to be worth about $376K in total as of 26 August 2026, within a range of $207K to $545K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARR, INEZ HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production FARR, INEZ HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARR, INEZ HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does FARR, INEZ HEIRS generate in a year?
- FARR, INEZ HEIRS is forecast to net about $72K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FARR, INEZ HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seitz, J. R. & Adam |
|---|---|
| Field | Inez Farr (Mckemie Sand) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 28379 |
| Wellbores | 1 |
| Reported production | 54,984 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $376K |
Where FARR, INEZ HEIRS 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.