BROWN
BROWN is a Texas oil lease in Moore County, Railroad Commission district 10, operated by M E G G , Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,745 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 $292K, with roughly $43K 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 16 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was April 2026, at 112 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
- Who operates BROWN?
- BROWN is operated by M E G G , Inc., Railroad Commission of Texas operator number 518279.
- Where is BROWN?
- BROWN is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05015.
- Is BROWN still producing?
- BROWN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROWN is August 2026.
- How much has BROWN produced?
- BROWN has reported 34,745 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is BROWN worth?
- The remaining production from BROWN is estimated to be worth about $292K in total as of 26 August 2026, within a range of $160K to $423K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROWN is a fraction of it. The estimate fits an Arps decline curve to the production BROWN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN is an estimate of value, not an offer and not an appraisal.
- How much income does BROWN generate in a year?
- BROWN is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BROWN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | M E G G , Inc. |
|---|---|
| Field | Panhandle Moore County Field |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 05015 |
| Wellbores | 12 |
| Reported production | 34,745 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $292K |
Where BROWN 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.