BROWN, W. #2

BROWN, W. #2 is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Precision Operating Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,381 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 $524K, with roughly $70K 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 7 barrels a month. Its strongest month on the record we hold was March 2024, at 57 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, W. #2

Who operates BROWN, W. #2?
BROWN, W. #2 is operated by Precision Operating Inc., Railroad Commission of Texas operator number 676010.
Where is BROWN, W. #2?
BROWN, W. #2 is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 24995.
Is BROWN, W. #2 still producing?
BROWN, W. #2 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BROWN, W. #2 is August 2026.
How much has BROWN, W. #2 produced?
BROWN, W. #2 has reported 15,381 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is BROWN, W. #2 worth?
The remaining production from BROWN, W. #2 is estimated to be worth about $524K in total as of 27 August 2026, within a range of $0 to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROWN, W. #2 is a fraction of it. The estimate fits an Arps decline curve to the production BROWN, W. #2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN, W. #2 is an estimate of value, not an offer and not an appraisal.
How much income does BROWN, W. #2 generate in a year?
BROWN, W. #2 is forecast to net about $70K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BROWN, W. #2 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BROWN, W. #2 as filed with the Railroad Commission of Texas
OperatorPrecision Operating Inc.
FieldSouthmayd, North (Baker-Viola)
CountyGrayson County, Texas
RRC district09
Lease number24995
Wellbores1
Reported production15,381 bbl
First reported
Last reported
Estimated royalty value$524K

Where BROWN, W. #2 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.