BROWN BEAR
BROWN BEAR is a Texas oil lease in Brazos County, Railroad Commission district 05, operated by Halcon Operating Co., Inc. It has 3 wellbores on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 295,044 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 $249K 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 352 barrels a month, about 117 per wellbore. Its strongest month on the record we hold was July 2016, at 1,779 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 BROWN BEAR
- Who operates BROWN BEAR?
- BROWN BEAR is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
- Where is BROWN BEAR?
- BROWN BEAR is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04045.
- Is BROWN BEAR still producing?
- BROWN BEAR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROWN BEAR is August 2026.
- How much has BROWN BEAR produced?
- BROWN BEAR has reported 295,044 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 3 wellbores.
- How much is BROWN BEAR worth?
- The remaining production from BROWN BEAR is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $875K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROWN BEAR is a fraction of it. The estimate fits an Arps decline curve to the production BROWN BEAR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN BEAR is an estimate of value, not an offer and not an appraisal.
- How much income does BROWN BEAR generate in a year?
- BROWN BEAR is forecast to net about $249K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BROWN BEAR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halcon Operating Co., Inc. |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Brazos County, Texas |
| RRC district | 05 |
| Lease number | 04045 |
| Wellbores | 3 |
| Reported production | 295,044 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where BROWN BEAR 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.