BARNETT
BARNETT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Partee Drilling Inc. It has 6 wellbores on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 165,148 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 $540K, with roughly $118K 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 246 barrels a month, about 41 per wellbore. Its strongest month on the record we hold was March 2026, at 951 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 BARNETT
- Who operates BARNETT?
- BARNETT is operated by Partee Drilling Inc., Railroad Commission of Texas operator number 642702.
- Where is BARNETT?
- BARNETT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38786.
- Is BARNETT still producing?
- BARNETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNETT is August 2026.
- How much has BARNETT produced?
- BARNETT has reported 165,148 barrels of oil (bbl) to the Railroad Commission of Texas between May 2008 and August 2026, from 6 wellbores.
- How much is BARNETT worth?
- The remaining production from BARNETT is estimated to be worth about $540K in total as of 27 August 2026, within a range of $421K to $659K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNETT is a fraction of it. The estimate fits an Arps decline curve to the production BARNETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNETT is an estimate of value, not an offer and not an appraisal.
- How much income does BARNETT generate in a year?
- BARNETT is forecast to net about $118K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARNETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Partee Drilling Inc. |
|---|---|
| Field | Signal Peak (Wolfcamp) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 38786 |
| Wellbores | 6 |
| Reported production | 165,148 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $540K |
Where BARNETT 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.