BARNGROVER HEIRS
BARNGROVER HEIRS is a Texas oil lease in Liberty County, Railroad Commission district 03, operated by Quail Creek Oil Corporation. It has 22 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,127,725 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 $1.8M, with roughly $799K 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 1,507 barrels a month, about 69 per wellbore. Its strongest month on the record we hold was December 2022, at 5,309 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BARNGROVER HEIRS
- Who operates BARNGROVER HEIRS?
- BARNGROVER HEIRS is operated by Quail Creek Oil Corporation, Railroad Commission of Texas operator number 684517.
- Where is BARNGROVER HEIRS?
- BARNGROVER HEIRS is a Texas oil lease in Liberty County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 02260.
- Is BARNGROVER HEIRS still producing?
- BARNGROVER HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNGROVER HEIRS is August 2026.
- How much has BARNGROVER HEIRS produced?
- BARNGROVER HEIRS has reported 1,127,725 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 22 wellbores.
- How much is BARNGROVER HEIRS worth?
- The remaining production from BARNGROVER HEIRS is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNGROVER HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production BARNGROVER HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNGROVER HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does BARNGROVER HEIRS generate in a year?
- BARNGROVER HEIRS is forecast to net about $799K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARNGROVER HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Quail Creek Oil Corporation |
|---|---|
| Field | Hull |
| County | Liberty County, Texas |
| RRC district | 03 |
| Lease number | 02260 |
| Wellbores | 22 |
| Reported production | 1,127,725 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where BARNGROVER HEIRS 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.