BARBER
BARBER is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Patriot Services, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,831 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 $435K, with roughly $84K 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 114 barrels a month, about 38 per wellbore. Its strongest month on the record we hold was May 2017, at 181 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 BARBER
- Who operates BARBER?
- BARBER is operated by Patriot Services, Inc., Railroad Commission of Texas operator number 643397.
- Where is BARBER?
- BARBER is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29984.
- Is BARBER still producing?
- BARBER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARBER is August 2026.
- How much has BARBER produced?
- BARBER has reported 40,831 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is BARBER worth?
- The remaining production from BARBER is estimated to be worth about $435K in total as of 26 August 2026, within a range of $339K to $531K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARBER is a fraction of it. The estimate fits an Arps decline curve to the production BARBER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARBER is an estimate of value, not an offer and not an appraisal.
- How much income does BARBER generate in a year?
- BARBER is forecast to net about $84K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARBER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Services, Inc. |
|---|---|
| Field | Dockrey (Clear Fork) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 29984 |
| Wellbores | 3 |
| Reported production | 40,831 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $435K |
Where BARBER 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.