BROWN
BROWN is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Three Rivers Operating Co II LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 51,584 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 $846K, with roughly $161K 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 247 barrels a month. Its strongest month on the record we hold was March 2025, at 743 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 BROWN
- Who operates BROWN?
- BROWN is operated by Three Rivers Operating Co II LLC, Railroad Commission of Texas operator number 857759.
- Where is BROWN?
- BROWN is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44130.
- Is BROWN still producing?
- BROWN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROWN is August 2026.
- How much has BROWN produced?
- BROWN has reported 51,584 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is BROWN worth?
- The remaining production from BROWN is estimated to be worth about $846K in total as of 26 August 2026, within a range of $660K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROWN is a fraction of it. The estimate fits an Arps decline curve to the production BROWN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN is an estimate of value, not an offer and not an appraisal.
- How much income does BROWN generate in a year?
- BROWN is forecast to net about $161K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BROWN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three Rivers Operating Co II LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 44130 |
| Wellbores | 1 |
| Reported production | 51,584 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $846K |
Where BROWN 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.