STRANGER, T. UNIT
STRANGER, T. UNIT is a Texas gas lease in Lee County, Railroad Commission district 03, operated by Browning Oil Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,042,436 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 $501K, with roughly $95K 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 3,265 thousand cubic feet a month. Its strongest month on the record we hold was September 2020, at 6,602 thousand cubic feet. 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 STRANGER, T. UNIT
- Who operates STRANGER, T. UNIT?
- STRANGER, T. UNIT is operated by Browning Oil Company, Inc., Railroad Commission of Texas operator number 103088.
- Where is STRANGER, T. UNIT?
- STRANGER, T. UNIT is a Texas gas lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 103617.
- Is STRANGER, T. UNIT still producing?
- STRANGER, T. UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRANGER, T. UNIT is August 2026.
- How much has STRANGER, T. UNIT produced?
- STRANGER, T. UNIT has reported 2,042,436 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STRANGER, T. UNIT worth?
- The remaining production from STRANGER, T. UNIT is estimated to be worth about $501K in total as of 26 August 2026, within a range of $415K to $586K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRANGER, T. UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STRANGER, T. UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRANGER, T. UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STRANGER, T. UNIT generate in a year?
- STRANGER, T. UNIT is forecast to net about $95K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STRANGER, T. UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Browning Oil Company, Inc. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 103617 |
| Wellbores | 1 |
| Reported production | 2,042,436 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $501K |
Where STRANGER, T. 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.