BROWN-WARE
BROWN-WARE is a Texas oil lease in Carson County, Railroad Commission district 10, operated by Watson Operating Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,877 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 $754 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. Its strongest month on the record we hold was July 2016, at 33 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 BROWN-WARE
- Who operates BROWN-WARE?
- BROWN-WARE is operated by Watson Operating Company, Railroad Commission of Texas operator number 901200.
- Where is BROWN-WARE?
- BROWN-WARE is a Texas oil lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04105.
- Is BROWN-WARE still producing?
- BROWN-WARE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROWN-WARE is August 2026.
- How much has BROWN-WARE produced?
- BROWN-WARE has reported 10,877 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is BROWN-WARE worth?
- The remaining production from BROWN-WARE 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 BROWN-WARE is a fraction of it. The estimate fits an Arps decline curve to the production BROWN-WARE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN-WARE is an estimate of value, not an offer and not an appraisal.
- How much income does BROWN-WARE generate in a year?
- BROWN-WARE is forecast to net about $754 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BROWN-WARE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Watson Operating Company |
|---|---|
| Field | Panhandle Carson County Field |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 04105 |
| Wellbores | 4 |
| Reported production | 10,877 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where BROWN-WARE 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.