BARRETT "10"
BARRETT "10" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 2 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 31,259 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 $193K, with roughly $32K 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 43 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was November 2016, at 312 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 BARRETT "10"
- Who operates BARRETT "10"?
- BARRETT "10" is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is BARRETT "10"?
- BARRETT "10" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40645.
- Is BARRETT "10" still producing?
- BARRETT "10" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARRETT "10" is August 2026.
- How much has BARRETT "10" produced?
- BARRETT "10" has reported 31,259 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 2 wellbores.
- How much is BARRETT "10" worth?
- The remaining production from BARRETT "10" is estimated to be worth about $193K in total as of 26 August 2026, within a range of $106K to $279K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARRETT "10" is a fraction of it. The estimate fits an Arps decline curve to the production BARRETT "10" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARRETT "10" is an estimate of value, not an offer and not an appraisal.
- How much income does BARRETT "10" generate in a year?
- BARRETT "10" is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARRETT "10" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 40645 |
| Wellbores | 2 |
| Reported production | 31,259 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $193K |
Where BARRETT "10" 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.