BARNES
BARNES is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Ventex Operating Corp. It has 1 wellbore on file with the Commission. Reported production runs from May 2001 to August 2026, totalling 45,828 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 $291K, with roughly $56K 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 75 barrels a month. Its strongest month on the record we hold was May 2022, at 159 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 BARNES
- Who operates BARNES?
- BARNES is operated by Ventex Operating Corp., Railroad Commission of Texas operator number 884527.
- Where is BARNES?
- BARNES is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28974.
- Is BARNES still producing?
- BARNES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNES is August 2026.
- How much has BARNES produced?
- BARNES has reported 45,828 barrels of oil (bbl) to the Railroad Commission of Texas between May 2001 and August 2026, from 1 wellbore.
- How much is BARNES worth?
- The remaining production from BARNES is estimated to be worth about $291K in total as of 26 August 2026, within a range of $160K to $421K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNES is a fraction of it. The estimate fits an Arps decline curve to the production BARNES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNES is an estimate of value, not an offer and not an appraisal.
- How much income does BARNES generate in a year?
- BARNES is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARNES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ventex Operating Corp. |
|---|---|
| Field | White (Flippen) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 28974 |
| Wellbores | 1 |
| Reported production | 45,828 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $291K |
Where BARNES 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.