BRUT 40-33
BRUT 40-33 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Sabalo Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 268,211 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 $3.7M, with roughly $957K 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 1,449 barrels a month. Its strongest month on the record we hold was April 2018, at 13,365 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BRUT 40-33
- Who operates BRUT 40-33?
- BRUT 40-33 is operated by Sabalo Operating, LLC, Railroad Commission of Texas operator number 741939.
- Where is BRUT 40-33?
- BRUT 40-33 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49774.
- Is BRUT 40-33 still producing?
- BRUT 40-33 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRUT 40-33 is August 2026.
- How much has BRUT 40-33 produced?
- BRUT 40-33 has reported 268,211 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is BRUT 40-33 worth?
- The remaining production from BRUT 40-33 is estimated to be worth about $3.7M in total as of 26 August 2026, within a range of $3.1M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRUT 40-33 is a fraction of it. The estimate fits an Arps decline curve to the production BRUT 40-33 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRUT 40-33 is an estimate of value, not an offer and not an appraisal.
- How much income does BRUT 40-33 generate in a year?
- BRUT 40-33 is forecast to net about $957K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRUT 40-33 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabalo Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 49774 |
| Wellbores | 1 |
| Reported production | 268,211 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where BRUT 40-33 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.