TURLEY

TURLEY is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Barfield, George F. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 16,937 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 $233K, with roughly $39K 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 38 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was August 2025, at 50 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 TURLEY

Who operates TURLEY?
TURLEY is operated by Barfield, George F., Railroad Commission of Texas operator number 049195.
Where is TURLEY?
TURLEY is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 17031.
Is TURLEY still producing?
TURLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURLEY is August 2026.
How much has TURLEY produced?
TURLEY has reported 16,937 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is TURLEY worth?
The remaining production from TURLEY is estimated to be worth about $233K in total as of 26 August 2026, within a range of $128K to $338K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURLEY is a fraction of it. The estimate fits an Arps decline curve to the production TURLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURLEY is an estimate of value, not an offer and not an appraisal.
How much income does TURLEY generate in a year?
TURLEY is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TURLEY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TURLEY as filed with the Railroad Commission of Texas
OperatorBarfield, George F.
FieldPost (Glorieta)
CountyGarza County, Texas
RRC district8A
Lease number17031
Wellbores2
Reported production16,937 bbl
First reported
Last reported
Estimated royalty value$233K

Where TURLEY 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.