BRAHMAS

BRAHMAS is a Texas gas lease in San Augustine County, Railroad Commission district 06, operated by Aethon Energy Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2024 to August 2026, totalling 8,710,863 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 $4.1M, with roughly $2.5M 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 276,031 thousand cubic feet a month. Its strongest month on the record we hold was October 2024, at 712,283 thousand cubic feet. 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 BRAHMAS

Who operates BRAHMAS?
BRAHMAS is operated by Aethon Energy Operating LLC, Railroad Commission of Texas operator number 008555.
Where is BRAHMAS?
BRAHMAS is a Texas gas lease in San Augustine County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 296918.
Is BRAHMAS still producing?
BRAHMAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRAHMAS is August 2026.
How much has BRAHMAS produced?
BRAHMAS has reported 8,710,863 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2024 and August 2026, from 1 wellbore.
How much is BRAHMAS worth?
The remaining production from BRAHMAS is estimated to be worth about $4.1M in total as of 26 August 2026, within a range of $3.3M to $4.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRAHMAS is a fraction of it. The estimate fits an Arps decline curve to the production BRAHMAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRAHMAS is an estimate of value, not an offer and not an appraisal.
How much income does BRAHMAS generate in a year?
BRAHMAS is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRAHMAS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BRAHMAS as filed with the Railroad Commission of Texas
OperatorAethon Energy Operating LLC
FieldCarthage (Haynesville Shale)
CountySan Augustine County, Texas
RRC district06
Lease number296918
Wellbores1
Reported production8,710,863 mcf
First reported
Last reported
Estimated royalty value$4.1M

Where BRAHMAS 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.