BARNETT NO. 1 UNIT
BARNETT NO. 1 UNIT is a Texas oil lease in Young County, Railroad Commission district 09, operated by Vandermeer Energy Corp. It has 2 wellbores on file with the Commission. Reported production runs from September 1993 to August 2026, totalling 10,035 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 $5K, with roughly $917 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 1 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was September 2016, 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 BARNETT NO. 1 UNIT
- Who operates BARNETT NO. 1 UNIT?
- BARNETT NO. 1 UNIT is operated by Vandermeer Energy Corp., Railroad Commission of Texas operator number 881560.
- Where is BARNETT NO. 1 UNIT?
- BARNETT NO. 1 UNIT is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28677.
- Is BARNETT NO. 1 UNIT still producing?
- BARNETT NO. 1 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNETT NO. 1 UNIT is August 2026.
- How much has BARNETT NO. 1 UNIT produced?
- BARNETT NO. 1 UNIT has reported 10,035 barrels of oil (bbl) to the Railroad Commission of Texas between September 1993 and August 2026, from 2 wellbores.
- How much is BARNETT NO. 1 UNIT worth?
- The remaining production from BARNETT NO. 1 UNIT is estimated to be worth about $5K in total as of 26 August 2026, within a range of $0 to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNETT NO. 1 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BARNETT NO. 1 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNETT NO. 1 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BARNETT NO. 1 UNIT generate in a year?
- BARNETT NO. 1 UNIT is forecast to net about $917 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARNETT NO. 1 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vandermeer Energy Corp. |
|---|---|
| Field | Barnett (Marble Falls, Oil) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 28677 |
| Wellbores | 2 |
| Reported production | 10,035 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where BARNETT NO. 1 UNIT 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.