BRAINARD 26
BRAINARD 26 is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Axis Energy Corporation. It has 2 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 100,184 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 $1.1M, with roughly $168K 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 132 barrels a month, about 66 per wellbore. Its strongest month on the record we hold was June 2016, at 792 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BRAINARD 26
- Who operates BRAINARD 26?
- BRAINARD 26 is operated by Axis Energy Corporation, Railroad Commission of Texas operator number 039136.
- Where is BRAINARD 26?
- BRAINARD 26 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08505.
- Is BRAINARD 26 still producing?
- BRAINARD 26 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRAINARD 26 is August 2026.
- How much has BRAINARD 26 produced?
- BRAINARD 26 has reported 100,184 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 2 wellbores.
- How much is BRAINARD 26 worth?
- The remaining production from BRAINARD 26 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $824K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRAINARD 26 is a fraction of it. The estimate fits an Arps decline curve to the production BRAINARD 26 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRAINARD 26 is an estimate of value, not an offer and not an appraisal.
- How much income does BRAINARD 26 generate in a year?
- BRAINARD 26 is forecast to net about $168K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRAINARD 26 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Axis Energy Corporation |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 08505 |
| Wellbores | 2 |
| Reported production | 100,184 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where BRAINARD 26 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.