MURPHEY-SMITH
MURPHEY-SMITH is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Patterson Petroleum LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2003 to August 2026, totalling 274,562 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 $107K, with roughly $105K 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 2,098 barrels a month. Its strongest month on the record we hold was May 2025, at 5,786 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MURPHEY-SMITH
- Who operates MURPHEY-SMITH?
- MURPHEY-SMITH is operated by Patterson Petroleum LP, Railroad Commission of Texas operator number 643435.
- Where is MURPHEY-SMITH?
- MURPHEY-SMITH is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24386.
- Is MURPHEY-SMITH still producing?
- MURPHEY-SMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MURPHEY-SMITH is August 2026.
- How much has MURPHEY-SMITH produced?
- MURPHEY-SMITH has reported 274,562 barrels of oil (bbl) to the Railroad Commission of Texas between July 2003 and August 2026, from 1 wellbore.
- How much is MURPHEY-SMITH worth?
- The remaining production from MURPHEY-SMITH is estimated to be worth about $107K in total as of 27 August 2026, within a range of $88K to $125K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MURPHEY-SMITH is a fraction of it. The estimate fits an Arps decline curve to the production MURPHEY-SMITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MURPHEY-SMITH is an estimate of value, not an offer and not an appraisal.
- How much income does MURPHEY-SMITH generate in a year?
- MURPHEY-SMITH is forecast to net about $105K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MURPHEY-SMITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patterson Petroleum LP |
|---|---|
| Field | Kurten (Buda) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 24386 |
| Wellbores | 1 |
| Reported production | 274,562 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $107K |
Where MURPHEY-SMITH 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.