BARSTOW 38
BARSTOW 38 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jetta Operating Company, Inc. It has 11 wellbores on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 641,046 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 $12.5M, with roughly $3.7M 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 5,867 barrels a month, about 533 per wellbore. Its strongest month on the record we hold was October 2022, at 17,520 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BARSTOW 38
- Who operates BARSTOW 38?
- BARSTOW 38 is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is BARSTOW 38?
- BARSTOW 38 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54847.
- Is BARSTOW 38 still producing?
- BARSTOW 38 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARSTOW 38 is August 2026.
- How much has BARSTOW 38 produced?
- BARSTOW 38 has reported 641,046 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 11 wellbores.
- How much is BARSTOW 38 worth?
- The remaining production from BARSTOW 38 is estimated to be worth about $12.5M in total as of 27 August 2026, within a range of $10.4M to $14.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARSTOW 38 is a fraction of it. The estimate fits an Arps decline curve to the production BARSTOW 38 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARSTOW 38 is an estimate of value, not an offer and not an appraisal.
- How much income does BARSTOW 38 generate in a year?
- BARSTOW 38 is forecast to net about $3.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARSTOW 38 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jetta Operating Company, Inc. |
|---|---|
| Field | Collie (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 54847 |
| Wellbores | 11 |
| Reported production | 641,046 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.5M |
Where BARSTOW 38 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.