BRAINARD 115
BRAINARD 115 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Corlena Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2009 to August 2026, totalling 1,017,787 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 $57K, with roughly $17K 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 894 thousand cubic feet a month. Its strongest month on the record we hold was April 2022, at 2,099 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 115
- Who operates BRAINARD 115?
- BRAINARD 115 is operated by Corlena Oil Company, Railroad Commission of Texas operator number 178450.
- Where is BRAINARD 115?
- BRAINARD 115 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 252284.
- Is BRAINARD 115 still producing?
- BRAINARD 115 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRAINARD 115 is August 2026.
- How much has BRAINARD 115 produced?
- BRAINARD 115 has reported 1,017,787 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2009 and August 2026, from 1 wellbore.
- How much is BRAINARD 115 worth?
- The remaining production from BRAINARD 115 is estimated to be worth about $57K in total as of 26 August 2026, within a range of $45K to $70K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRAINARD 115 is a fraction of it. The estimate fits an Arps decline curve to the production BRAINARD 115 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRAINARD 115 is an estimate of value, not an offer and not an appraisal.
- How much income does BRAINARD 115 generate in a year?
- BRAINARD 115 is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRAINARD 115 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Corlena Oil Company |
|---|---|
| Field | Kelln (Morrow, Lo.) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 252284 |
| Wellbores | 1 |
| Reported production | 1,017,787 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $57K |
Where BRAINARD 115 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.