MORDECAI
MORDECAI is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Brammer Supply, Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 1996 to August 2026, totalling 69,579 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 $296K, with roughly $57K 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 87 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was October 2016, at 199 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MORDECAI
- Who operates MORDECAI?
- MORDECAI is operated by Brammer Supply, Inc., Railroad Commission of Texas operator number 088607.
- Where is MORDECAI?
- MORDECAI is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29191.
- Is MORDECAI still producing?
- MORDECAI is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORDECAI is August 2026.
- How much has MORDECAI produced?
- MORDECAI has reported 69,579 barrels of oil (bbl) to the Railroad Commission of Texas between August 1996 and August 2026, from 2 wellbores.
- How much is MORDECAI worth?
- The remaining production from MORDECAI is estimated to be worth about $296K in total as of 26 August 2026, within a range of $163K to $429K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORDECAI is a fraction of it. The estimate fits an Arps decline curve to the production MORDECAI has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORDECAI is an estimate of value, not an offer and not an appraisal.
- How much income does MORDECAI generate in a year?
- MORDECAI is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORDECAI receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brammer Supply, Inc. |
|---|---|
| Field | Mcelreath (Strawn 3100) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 29191 |
| Wellbores | 2 |
| Reported production | 69,579 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $296K |
Where MORDECAI 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.