BRAVO 103
BRAVO 103 is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Kimball Production Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,790,624 thousand cubic feet. The lease is intermittent. 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 $2K, with roughly $336 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 12,669 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 42,442 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 BRAVO 103
- Who operates BRAVO 103?
- BRAVO 103 is operated by Kimball Production Co., Railroad Commission of Texas operator number 461700.
- Where is BRAVO 103?
- BRAVO 103 is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 043019.
- Is BRAVO 103 still producing?
- BRAVO 103 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BRAVO 103 is August 2026.
- How much has BRAVO 103 produced?
- BRAVO 103 has reported 10,790,624 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BRAVO 103 worth?
- The remaining production from BRAVO 103 is estimated to be worth about $2K in total as of 27 August 2026, within a range of $2K to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRAVO 103 is a fraction of it. The estimate fits an Arps decline curve to the production BRAVO 103 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRAVO 103 is an estimate of value, not an offer and not an appraisal.
- How much income does BRAVO 103 generate in a year?
- BRAVO 103 is forecast to net about $336 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BRAVO 103 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kimball Production Co. |
|---|---|
| Field | Lockridge (Ellenburger 18600) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 043019 |
| Wellbores | 1 |
| Reported production | 10,790,624 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where BRAVO 103 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.