BARRETT-MARKS
BARRETT-MARKS is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Vess Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 144,969 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 $955K, with roughly $254K 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 356 barrels a month. Its strongest month on the record we hold was July 2020, at 1,199 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 BARRETT-MARKS
- Who operates BARRETT-MARKS?
- BARRETT-MARKS is operated by Vess Oil Corporation, Railroad Commission of Texas operator number 884750.
- Where is BARRETT-MARKS?
- BARRETT-MARKS is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26280.
- Is BARRETT-MARKS still producing?
- BARRETT-MARKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARRETT-MARKS is August 2026.
- How much has BARRETT-MARKS produced?
- BARRETT-MARKS has reported 144,969 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 1 wellbore.
- How much is BARRETT-MARKS worth?
- The remaining production from BARRETT-MARKS is estimated to be worth about $955K in total as of 26 August 2026, within a range of $745K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARRETT-MARKS is a fraction of it. The estimate fits an Arps decline curve to the production BARRETT-MARKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARRETT-MARKS is an estimate of value, not an offer and not an appraisal.
- How much income does BARRETT-MARKS generate in a year?
- BARRETT-MARKS is forecast to net about $254K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARRETT-MARKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vess Oil Corporation |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26280 |
| Wellbores | 1 |
| Reported production | 144,969 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $955K |
Where BARRETT-MARKS 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.