TEXACO SMITH
TEXACO SMITH is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Barrett Brothers Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2002 to August 2026, totalling 3,669 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 $14K, with roughly $3K 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 3 barrels a month. Its strongest month on the record we hold was March 2017, at 28 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TEXACO SMITH
- Who operates TEXACO SMITH?
- TEXACO SMITH is operated by Barrett Brothers Oil & Gas, Inc., Railroad Commission of Texas operator number 053106.
- Where is TEXACO SMITH?
- TEXACO SMITH is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36950.
- Is TEXACO SMITH still producing?
- TEXACO SMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO SMITH is August 2026.
- How much has TEXACO SMITH produced?
- TEXACO SMITH has reported 3,669 barrels of oil (bbl) to the Railroad Commission of Texas between September 2002 and August 2026, from 1 wellbore.
- How much is TEXACO SMITH worth?
- The remaining production from TEXACO SMITH is estimated to be worth about $14K in total as of 26 August 2026, within a range of $0 to $27K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO SMITH is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO SMITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO SMITH is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO SMITH generate in a year?
- TEXACO SMITH is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXACO SMITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Barrett Brothers Oil & Gas, Inc. |
|---|---|
| Field | Yates (Smith Sand) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 36950 |
| Wellbores | 1 |
| Reported production | 3,669 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where TEXACO SMITH 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.