BROWN, MILDRED
BROWN, MILDRED is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 439,074 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 $216K, with roughly $36K 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 1,219 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 2,564 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 BROWN, MILDRED
- Who operates BROWN, MILDRED?
- BROWN, MILDRED is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is BROWN, MILDRED?
- BROWN, MILDRED is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 242500.
- Is BROWN, MILDRED still producing?
- BROWN, MILDRED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROWN, MILDRED is August 2026.
- How much has BROWN, MILDRED produced?
- BROWN, MILDRED has reported 439,074 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2006 and August 2026, from 1 wellbore.
- How much is BROWN, MILDRED worth?
- The remaining production from BROWN, MILDRED is estimated to be worth about $216K in total as of 26 August 2026, within a range of $179K to $253K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROWN, MILDRED is a fraction of it. The estimate fits an Arps decline curve to the production BROWN, MILDRED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN, MILDRED is an estimate of value, not an offer and not an appraisal.
- How much income does BROWN, MILDRED generate in a year?
- BROWN, MILDRED is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BROWN, MILDRED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Madisonville (Sub-Clark, Gas) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 242500 |
| Wellbores | 1 |
| Reported production | 439,074 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $216K |
Where BROWN, MILDRED 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.