BRICKYARD UNIT 12E31
BRICKYARD UNIT 12E31 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Pri Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 369,540 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 $4.0M, with roughly $1.6M 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 2,406 barrels a month. Its strongest month on the record we hold was October 2022, at 31,667 barrels. 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 BRICKYARD UNIT 12E31
- Who operates BRICKYARD UNIT 12E31?
- BRICKYARD UNIT 12E31 is operated by Pri Operating, LLC, Railroad Commission of Texas operator number 676550.
- Where is BRICKYARD UNIT 12E31?
- BRICKYARD UNIT 12E31 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57838.
- Is BRICKYARD UNIT 12E31 still producing?
- BRICKYARD UNIT 12E31 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRICKYARD UNIT 12E31 is August 2026.
- How much has BRICKYARD UNIT 12E31 produced?
- BRICKYARD UNIT 12E31 has reported 369,540 barrels of oil (bbl) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
- How much is BRICKYARD UNIT 12E31 worth?
- The remaining production from BRICKYARD UNIT 12E31 is estimated to be worth about $4.0M in total as of 27 August 2026, within a range of $3.3M to $4.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRICKYARD UNIT 12E31 is a fraction of it. The estimate fits an Arps decline curve to the production BRICKYARD UNIT 12E31 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRICKYARD UNIT 12E31 is an estimate of value, not an offer and not an appraisal.
- How much income does BRICKYARD UNIT 12E31 generate in a year?
- BRICKYARD UNIT 12E31 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BRICKYARD UNIT 12E31 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pri Operating, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 57838 |
| Wellbores | 1 |
| Reported production | 369,540 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where BRICKYARD UNIT 12E31 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.