PITTS BROS.
PITTS BROS. is a Texas oil lease in Brown County, Railroad Commission district 7B, operated by Pitts, Charles Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 83 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 $4K, with roughly $722 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 1 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was June 2021, at 6 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 PITTS BROS.
- Who operates PITTS BROS.?
- PITTS BROS. is operated by Pitts, Charles Company, Railroad Commission of Texas operator number 666425.
- Where is PITTS BROS.?
- PITTS BROS. is a Texas oil lease in Brown County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 23773.
- Is PITTS BROS. still producing?
- PITTS BROS. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PITTS BROS. is August 2026.
- How much has PITTS BROS. produced?
- PITTS BROS. has reported 83 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PITTS BROS. worth?
- The remaining production from PITTS BROS. is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PITTS BROS. is a fraction of it. The estimate fits an Arps decline curve to the production PITTS BROS. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PITTS BROS. is an estimate of value, not an offer and not an appraisal.
- How much income does PITTS BROS. generate in a year?
- PITTS BROS. is forecast to net about $722 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PITTS BROS. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pitts, Charles Company |
|---|---|
| Field | Pi Ma (Breneke Sand) |
| County | Brown County, Texas |
| RRC district | 7B |
| Lease number | 23773 |
| Wellbores | 2 |
| Reported production | 83 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where PITTS BROS. 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.