BROOKS
BROOKS is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 5 wellbores on file with the Commission. Reported production runs from June 2009 to August 2026, totalling 219,304 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 $721K, with roughly $285K 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 518 barrels a month, about 104 per wellbore. Its strongest month on the record we hold was May 2022, at 2,009 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 BROOKS
- Who operates BROOKS?
- BROOKS is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is BROOKS?
- BROOKS is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39546.
- Is BROOKS still producing?
- BROOKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROOKS is August 2026.
- How much has BROOKS produced?
- BROOKS has reported 219,304 barrels of oil (bbl) to the Railroad Commission of Texas between June 2009 and August 2026, from 5 wellbores.
- How much is BROOKS worth?
- The remaining production from BROOKS is estimated to be worth about $721K in total as of 27 August 2026, within a range of $563K to $880K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROOKS is a fraction of it. The estimate fits an Arps decline curve to the production BROOKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROOKS is an estimate of value, not an offer and not an appraisal.
- How much income does BROOKS generate in a year?
- BROOKS is forecast to net about $285K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BROOKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 39546 |
| Wellbores | 5 |
| Reported production | 219,304 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $721K |
Where BROOKS 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.