GARRETT, HORACE ESTATE ET AL -A-
GARRETT, HORACE ESTATE ET AL -A- is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Partee Drilling Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 716,583 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 $132K, with roughly $22K 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 20 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was May 2022, at 1,015 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 GARRETT, HORACE ESTATE ET AL -A-
- Who operates GARRETT, HORACE ESTATE ET AL -A-?
- GARRETT, HORACE ESTATE ET AL -A- is operated by Partee Drilling Inc., Railroad Commission of Texas operator number 642702.
- Where is GARRETT, HORACE ESTATE ET AL -A-?
- GARRETT, HORACE ESTATE ET AL -A- is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 32409.
- Is GARRETT, HORACE ESTATE ET AL -A- still producing?
- GARRETT, HORACE ESTATE ET AL -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARRETT, HORACE ESTATE ET AL -A- is August 2026.
- How much has GARRETT, HORACE ESTATE ET AL -A- produced?
- GARRETT, HORACE ESTATE ET AL -A- has reported 716,583 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is GARRETT, HORACE ESTATE ET AL -A- worth?
- The remaining production from GARRETT, HORACE ESTATE ET AL -A- is estimated to be worth about $132K in total as of 27 August 2026, within a range of $72K to $191K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARRETT, HORACE ESTATE ET AL -A- is a fraction of it. The estimate fits an Arps decline curve to the production GARRETT, HORACE 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 GARRETT, HORACE ESTATE ET AL -A- is an estimate of value, not an offer and not an appraisal.
- How much income does GARRETT, HORACE ESTATE ET AL -A- generate in a year?
- GARRETT, HORACE ESTATE ET AL -A- is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARRETT, HORACE ESTATE ET AL -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Partee Drilling Inc. |
|---|---|
| Field | Howard-Glasscock (Wolfcamp 7400) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 32409 |
| Wellbores | 12 |
| Reported production | 716,583 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $132K |
Where GARRETT, HORACE 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.