REYNOLDS BROTHERS
REYNOLDS BROTHERS is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Cholla Petroleum, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 198,027 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 $809K, with roughly $183K 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 281 barrels a month, about 94 per wellbore. Its strongest month on the record we hold was January 2024, at 477 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 REYNOLDS BROTHERS
- Who operates REYNOLDS BROTHERS?
- REYNOLDS BROTHERS is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is REYNOLDS BROTHERS?
- REYNOLDS BROTHERS is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 04341.
- Is REYNOLDS BROTHERS still producing?
- REYNOLDS BROTHERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REYNOLDS BROTHERS is August 2026.
- How much has REYNOLDS BROTHERS produced?
- REYNOLDS BROTHERS has reported 198,027 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is REYNOLDS BROTHERS worth?
- The remaining production from REYNOLDS BROTHERS is estimated to be worth about $809K in total as of 26 August 2026, within a range of $631K to $986K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REYNOLDS BROTHERS is a fraction of it. The estimate fits an Arps decline curve to the production REYNOLDS BROTHERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REYNOLDS BROTHERS is an estimate of value, not an offer and not an appraisal.
- How much income does REYNOLDS BROTHERS generate in a year?
- REYNOLDS BROTHERS is forecast to net about $183K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REYNOLDS BROTHERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Belcherville, South (Congl.) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 04341 |
| Wellbores | 3 |
| Reported production | 198,027 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $809K |
Where REYNOLDS BROTHERS 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.