LOCKHART & BROWN 16
LOCKHART & BROWN 16 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Range Production Company. It has 7 wellbores on file with the Commission. Reported production runs from August 2006 to August 2026, totalling 57,669 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 $148K, with roughly $28K 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 38 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was April 2017, at 411 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 16
- Who operates LOCKHART & BROWN 16?
- LOCKHART & BROWN 16 is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is LOCKHART & BROWN 16?
- LOCKHART & BROWN 16 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37902.
- Is LOCKHART & BROWN 16 still producing?
- LOCKHART & BROWN 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKHART & BROWN 16 is August 2026.
- How much has LOCKHART & BROWN 16 produced?
- LOCKHART & BROWN 16 has reported 57,669 barrels of oil (bbl) to the Railroad Commission of Texas between August 2006 and August 2026, from 7 wellbores.
- How much is LOCKHART & BROWN 16 worth?
- The remaining production from LOCKHART & BROWN 16 is estimated to be worth about $148K in total as of 27 August 2026, within a range of $81K to $214K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKHART & BROWN 16 is a fraction of it. The estimate fits an Arps decline curve to the production LOCKHART & BROWN 16 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 16 is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKHART & BROWN 16 generate in a year?
- LOCKHART & BROWN 16 is forecast to net about $28K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOCKHART & BROWN 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 37902 |
| Wellbores | 7 |
| Reported production | 57,669 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $148K |
Where LOCKHART & BROWN 16 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.