MIRANDA
MIRANDA is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Browning Oil Company, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 89,570 barrels. The lease is intermittent. 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 $2K, with roughly $377 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 October 2016, at 356 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 MIRANDA
- Who operates MIRANDA?
- MIRANDA is operated by Browning Oil Company, Inc., Railroad Commission of Texas operator number 103088.
- Where is MIRANDA?
- MIRANDA is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 17315.
- Is MIRANDA still producing?
- MIRANDA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MIRANDA is August 2026.
- How much has MIRANDA produced?
- MIRANDA has reported 89,570 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is MIRANDA worth?
- The remaining production from MIRANDA is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIRANDA is a fraction of it. The estimate fits an Arps decline curve to the production MIRANDA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIRANDA is an estimate of value, not an offer and not an appraisal.
- How much income does MIRANDA generate in a year?
- MIRANDA is forecast to net about $377 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIRANDA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Browning Oil Company, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 17315 |
| Wellbores | 3 |
| Reported production | 89,570 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where MIRANDA 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.