PAYNE RANCH
PAYNE RANCH is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Bracken Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from February 2001 to August 2026, totalling 520,243 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 $223K, with roughly $39K 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 1,123 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 3,629 thousand cubic feet. 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 PAYNE RANCH
- Who operates PAYNE RANCH?
- PAYNE RANCH is operated by Bracken Operating, L.L.C., Railroad Commission of Texas operator number 085851.
- Where is PAYNE RANCH?
- PAYNE RANCH is a Texas gas lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 181337.
- Is PAYNE RANCH still producing?
- PAYNE RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAYNE RANCH is August 2026.
- How much has PAYNE RANCH produced?
- PAYNE RANCH has reported 520,243 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2001 and August 2026, from 1 wellbore.
- How much is PAYNE RANCH worth?
- The remaining production from PAYNE RANCH is estimated to be worth about $223K in total as of 27 August 2026, within a range of $185K to $261K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAYNE RANCH is a fraction of it. The estimate fits an Arps decline curve to the production PAYNE RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAYNE RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does PAYNE RANCH generate in a year?
- PAYNE RANCH is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAYNE RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bracken Operating, L.L.C. |
|---|---|
| Field | R. D. Mills (Atoka) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 181337 |
| Wellbores | 1 |
| Reported production | 520,243 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $223K |
Where PAYNE RANCH 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.