BARBARO 119-120 J

BARBARO 119-120 J is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Manti Tarka Permian Op, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2025 to August 2026, totalling 85,061 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 $26.2M, with roughly $9.5M 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 14,472 barrels a month. Its strongest month on the record we hold was January 2026, at 16,694 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BARBARO 119-120 J

Who operates BARBARO 119-120 J?
BARBARO 119-120 J is operated by Manti Tarka Permian Op, LLC, Railroad Commission of Texas operator number 524907.
Where is BARBARO 119-120 J?
BARBARO 119-120 J is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64959.
Is BARBARO 119-120 J still producing?
BARBARO 119-120 J is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARBARO 119-120 J is August 2026.
How much has BARBARO 119-120 J produced?
BARBARO 119-120 J has reported 85,061 barrels of oil (bbl) to the Railroad Commission of Texas between December 2025 and August 2026, from 1 wellbore.
How much is BARBARO 119-120 J worth?
The remaining production from BARBARO 119-120 J is estimated to be worth about $26.2M in total as of 27 August 2026, within a range of $21.5M to $30.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARBARO 119-120 J is a fraction of it. The estimate fits an Arps decline curve to the production BARBARO 119-120 J has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARBARO 119-120 J is an estimate of value, not an offer and not an appraisal.
How much income does BARBARO 119-120 J generate in a year?
BARBARO 119-120 J is forecast to net about $9.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARBARO 119-120 J receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BARBARO 119-120 J as filed with the Railroad Commission of Texas
OperatorManti Tarka Permian Op, LLC
FieldPhantom (Wolfcamp)
CountyWard County, Texas
RRC district08
Lease number64959
Wellbores1
Reported production85,061 bbl
First reported
Last reported
Estimated royalty value$26.2M

Where BARBARO 119-120 J 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.