LAKE 114
LAKE 114 is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Brahaney Drilling Co. It has 3 wellbores on file with the Commission. Reported production runs from July 1994 to August 2026, totalling 181,682 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 $524K, with roughly $101K 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 140 barrels a month, about 47 per wellbore. Its strongest month on the record we hold was May 2016, at 333 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 LAKE 114
- Who operates LAKE 114?
- LAKE 114 is operated by Brahaney Drilling Co., Railroad Commission of Texas operator number 088380.
- Where is LAKE 114?
- LAKE 114 is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67271.
- Is LAKE 114 still producing?
- LAKE 114 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAKE 114 is August 2026.
- How much has LAKE 114 produced?
- LAKE 114 has reported 181,682 barrels of oil (bbl) to the Railroad Commission of Texas between July 1994 and August 2026, from 3 wellbores.
- How much is LAKE 114 worth?
- The remaining production from LAKE 114 is estimated to be worth about $524K in total as of 26 August 2026, within a range of $409K to $639K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAKE 114 is a fraction of it. The estimate fits an Arps decline curve to the production LAKE 114 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAKE 114 is an estimate of value, not an offer and not an appraisal.
- How much income does LAKE 114 generate in a year?
- LAKE 114 is forecast to net about $101K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAKE 114 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brahaney Drilling Co. |
|---|---|
| Field | Cedar Lake |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 67271 |
| Wellbores | 3 |
| Reported production | 181,682 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $524K |
Where LAKE 114 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.