PAYNE RANCH UNIT
PAYNE RANCH UNIT is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Brighton Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 94,926 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 $881K, with roughly $168K 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 286 barrels a month. Its strongest month on the record we hold was June 2024, at 2,435 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 PAYNE RANCH UNIT
- Who operates PAYNE RANCH UNIT?
- PAYNE RANCH UNIT is operated by Brighton Energy, L.L.C., Railroad Commission of Texas operator number 093342.
- Where is PAYNE RANCH UNIT?
- PAYNE RANCH UNIT is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24997.
- Is PAYNE RANCH UNIT still producing?
- PAYNE RANCH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAYNE RANCH UNIT is August 2026.
- How much has PAYNE RANCH UNIT produced?
- PAYNE RANCH UNIT has reported 94,926 barrels of oil (bbl) to the Railroad Commission of Texas between October 2006 and August 2026, from 1 wellbore.
- How much is PAYNE RANCH UNIT worth?
- The remaining production from PAYNE RANCH UNIT is estimated to be worth about $881K in total as of 26 August 2026, within a range of $687K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAYNE RANCH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PAYNE RANCH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAYNE RANCH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PAYNE RANCH UNIT generate in a year?
- PAYNE RANCH UNIT is forecast to net about $168K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAYNE RANCH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brighton Energy, L.L.C. |
|---|---|
| Field | Kurten (Buda) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 24997 |
| Wellbores | 1 |
| Reported production | 94,926 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $881K |
Where PAYNE RANCH UNIT 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.