BRACEWELL UNIT NO.1
BRACEWELL UNIT NO.1 is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from July 1996 to August 2026, totalling 1,203,378 thousand cubic feet. 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 $48K, with roughly $6K 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 211 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 1,010 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BRACEWELL UNIT NO.1
- Who operates BRACEWELL UNIT NO.1?
- BRACEWELL UNIT NO.1 is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is BRACEWELL UNIT NO.1?
- BRACEWELL UNIT NO.1 is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 160131.
- Is BRACEWELL UNIT NO.1 still producing?
- BRACEWELL UNIT NO.1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRACEWELL UNIT NO.1 is August 2026.
- How much has BRACEWELL UNIT NO.1 produced?
- BRACEWELL UNIT NO.1 has reported 1,203,378 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1996 and August 2026, from 1 wellbore.
- How much is BRACEWELL UNIT NO.1 worth?
- The remaining production from BRACEWELL UNIT NO.1 is estimated to be worth about $48K in total as of 26 August 2026, within a range of $38K to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRACEWELL UNIT NO.1 is a fraction of it. The estimate fits an Arps decline curve to the production BRACEWELL UNIT NO.1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRACEWELL UNIT NO.1 is an estimate of value, not an offer and not an appraisal.
- How much income does BRACEWELL UNIT NO.1 generate in a year?
- BRACEWELL UNIT NO.1 is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRACEWELL UNIT NO.1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 160131 |
| Wellbores | 1 |
| Reported production | 1,203,378 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where BRACEWELL UNIT NO.1 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.