BRAINARD STRIP
BRAINARD STRIP is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2002 to August 2026, totalling 66,137 thousand cubic feet. 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 $51K, with roughly $8K 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 143 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 221 thousand cubic feet. 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 STRIP
- Who operates BRAINARD STRIP?
- BRAINARD STRIP is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is BRAINARD STRIP?
- BRAINARD STRIP is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 189283.
- Is BRAINARD STRIP still producing?
- BRAINARD STRIP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRAINARD STRIP is August 2026.
- How much has BRAINARD STRIP produced?
- BRAINARD STRIP has reported 66,137 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2002 and August 2026, from 1 wellbore.
- How much is BRAINARD STRIP worth?
- The remaining production from BRAINARD STRIP is estimated to be worth about $51K in total as of 26 August 2026, within a range of $39K to $62K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRAINARD STRIP is a fraction of it. The estimate fits an Arps decline curve to the production BRAINARD STRIP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRAINARD STRIP is an estimate of value, not an offer and not an appraisal.
- How much income does BRAINARD STRIP generate in a year?
- BRAINARD STRIP is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRAINARD STRIP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Canadian, SW. (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 189283 |
| Wellbores | 1 |
| Reported production | 66,137 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $51K |
Where BRAINARD STRIP 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.