BARNES 11
BARNES 11 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Manhattan Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 20,301 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 $319K, with roughly $56K 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 65 barrels a month. Its strongest month on the record we hold was June 2019, at 306 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 BARNES 11
- Who operates BARNES 11?
- BARNES 11 is operated by Manhattan Petroleum, Inc., Railroad Commission of Texas operator number 524391.
- Where is BARNES 11?
- BARNES 11 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38865.
- Is BARNES 11 still producing?
- BARNES 11 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNES 11 is August 2026.
- How much has BARNES 11 produced?
- BARNES 11 has reported 20,301 barrels of oil (bbl) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is BARNES 11 worth?
- The remaining production from BARNES 11 is estimated to be worth about $319K in total as of 26 August 2026, within a range of $175K to $462K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNES 11 is a fraction of it. The estimate fits an Arps decline curve to the production BARNES 11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNES 11 is an estimate of value, not an offer and not an appraisal.
- How much income does BARNES 11 generate in a year?
- BARNES 11 is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARNES 11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Manhattan Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 38865 |
| Wellbores | 1 |
| Reported production | 20,301 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $319K |
Where BARNES 11 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.