BRENNAND
BRENNAND is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 32 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 285,146 barrels. 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 $1.1M, with roughly $258K 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 356 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was June 2018, at 763 barrels. 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 BRENNAND
- Who operates BRENNAND?
- BRENNAND is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is BRENNAND?
- BRENNAND is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 26218.
- Is BRENNAND still producing?
- BRENNAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRENNAND is August 2026.
- How much has BRENNAND produced?
- BRENNAND has reported 285,146 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 32 wellbores.
- How much is BRENNAND worth?
- The remaining production from BRENNAND is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $886K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRENNAND is a fraction of it. The estimate fits an Arps decline curve to the production BRENNAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRENNAND is an estimate of value, not an offer and not an appraisal.
- How much income does BRENNAND generate in a year?
- BRENNAND is forecast to net about $258K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BRENNAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Iatan, East Howard |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 26218 |
| Wellbores | 32 |
| Reported production | 285,146 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where BRENNAND 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.