BRITT 38
BRITT 38 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Linn Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 832,432 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 $44K, with roughly $12K 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 783 thousand cubic feet a month. Its strongest month on the record we hold was November 2024, at 3,197 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 BRITT 38
- Who operates BRITT 38?
- BRITT 38 is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
- Where is BRITT 38?
- BRITT 38 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 231058.
- Is BRITT 38 still producing?
- BRITT 38 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRITT 38 is August 2026.
- How much has BRITT 38 produced?
- BRITT 38 has reported 832,432 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2007 and August 2026, from 1 wellbore.
- How much is BRITT 38 worth?
- The remaining production from BRITT 38 is estimated to be worth about $44K in total as of 27 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRITT 38 is a fraction of it. The estimate fits an Arps decline curve to the production BRITT 38 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRITT 38 is an estimate of value, not an offer and not an appraisal.
- How much income does BRITT 38 generate in a year?
- BRITT 38 is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BRITT 38 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Linn Operating, Inc. |
|---|---|
| Field | Stiles Ranch (Atoka) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 231058 |
| Wellbores | 1 |
| Reported production | 832,432 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where BRITT 38 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.