BARNHART N98
BARNHART N98 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Tracker Resource Dev III, LLC. It has 4 wellbores on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 531,486 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 $3.7M, with roughly $1.5M 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 954 barrels a month, about 238 per wellbore. Its strongest month on the record we hold was February 2020, at 62,739 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 BARNHART N98
- Who operates BARNHART N98?
- BARNHART N98 is operated by Tracker Resource Dev III, LLC, Railroad Commission of Texas operator number 864047.
- Where is BARNHART N98?
- BARNHART N98 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20400.
- Is BARNHART N98 still producing?
- BARNHART N98 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNHART N98 is August 2026.
- How much has BARNHART N98 produced?
- BARNHART N98 has reported 531,486 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 4 wellbores.
- How much is BARNHART N98 worth?
- The remaining production from BARNHART N98 is estimated to be worth about $3.7M in total as of 27 August 2026, within a range of $2.9M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNHART N98 is a fraction of it. The estimate fits an Arps decline curve to the production BARNHART N98 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNHART N98 is an estimate of value, not an offer and not an appraisal.
- How much income does BARNHART N98 generate in a year?
- BARNHART N98 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARNHART N98 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tracker Resource Dev III, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 20400 |
| Wellbores | 4 |
| Reported production | 531,486 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where BARNHART N98 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.