LOCKHART-BROWN 14
LOCKHART-BROWN 14 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Caprock Operating, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 107,478 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 $1.1M, with roughly $198K 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 249 barrels a month, about 62 per wellbore. Its strongest month on the record we hold was June 2022, at 498 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 LOCKHART-BROWN 14
- Who operates LOCKHART-BROWN 14?
- LOCKHART-BROWN 14 is operated by Caprock Operating, Inc., Railroad Commission of Texas operator number 130482.
- Where is LOCKHART-BROWN 14?
- LOCKHART-BROWN 14 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 31034.
- Is LOCKHART-BROWN 14 still producing?
- LOCKHART-BROWN 14 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKHART-BROWN 14 is August 2026.
- How much has LOCKHART-BROWN 14 produced?
- LOCKHART-BROWN 14 has reported 107,478 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is LOCKHART-BROWN 14 worth?
- The remaining production from LOCKHART-BROWN 14 is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $835K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKHART-BROWN 14 is a fraction of it. The estimate fits an Arps decline curve to the production LOCKHART-BROWN 14 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKHART-BROWN 14 is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKHART-BROWN 14 generate in a year?
- LOCKHART-BROWN 14 is forecast to net about $198K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOCKHART-BROWN 14 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Caprock Operating, Inc. |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 31034 |
| Wellbores | 4 |
| Reported production | 107,478 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where LOCKHART-BROWN 14 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.