BRAINARD 149/116 B
BRAINARD 149/116 B is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 130,443 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 $3.2M, with roughly $1.1M 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 2,137 barrels a month. Its strongest month on the record we hold was March 2024, at 15,647 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 BRAINARD 149/116 B
- Who operates BRAINARD 149/116 B?
- BRAINARD 149/116 B is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is BRAINARD 149/116 B?
- BRAINARD 149/116 B is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09844.
- Is BRAINARD 149/116 B still producing?
- BRAINARD 149/116 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRAINARD 149/116 B is August 2026.
- How much has BRAINARD 149/116 B produced?
- BRAINARD 149/116 B has reported 130,443 barrels of oil (bbl) to the Railroad Commission of Texas between February 2024 and August 2026, from 1 wellbore.
- How much is BRAINARD 149/116 B worth?
- The remaining production from BRAINARD 149/116 B is estimated to be worth about $3.2M in total as of 26 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRAINARD 149/116 B is a fraction of it. The estimate fits an Arps decline curve to the production BRAINARD 149/116 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRAINARD 149/116 B is an estimate of value, not an offer and not an appraisal.
- How much income does BRAINARD 149/116 B generate in a year?
- BRAINARD 149/116 B is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRAINARD 149/116 B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 09844 |
| Wellbores | 1 |
| Reported production | 130,443 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where BRAINARD 149/116 B 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.