BROWN-RUNNELS UNIT
BROWN-RUNNELS UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Ernest Operating Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 27,593 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 $173K, with roughly $33K 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 45 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was December 2018, at 96 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 BROWN-RUNNELS UNIT
- Who operates BROWN-RUNNELS UNIT?
- BROWN-RUNNELS UNIT is operated by Ernest Operating Company, Railroad Commission of Texas operator number 253480.
- Where is BROWN-RUNNELS UNIT?
- BROWN-RUNNELS UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 11628.
- Is BROWN-RUNNELS UNIT still producing?
- BROWN-RUNNELS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROWN-RUNNELS UNIT is August 2026.
- How much has BROWN-RUNNELS UNIT produced?
- BROWN-RUNNELS UNIT has reported 27,593 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is BROWN-RUNNELS UNIT worth?
- The remaining production from BROWN-RUNNELS UNIT is estimated to be worth about $173K in total as of 26 August 2026, within a range of $95K to $251K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROWN-RUNNELS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BROWN-RUNNELS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN-RUNNELS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BROWN-RUNNELS UNIT generate in a year?
- BROWN-RUNNELS UNIT is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BROWN-RUNNELS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ernest Operating Company |
|---|---|
| Field | Noack Cow Herd (Seg. C) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 11628 |
| Wellbores | 3 |
| Reported production | 27,593 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $173K |
Where BROWN-RUNNELS UNIT 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.