BRUMLEY -B- 398
BRUMLEY -B- 398 is a Texas gas lease in Moore County, Railroad Commission district 10, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 15,734 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 $8K, with roughly $988 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 39 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 379 thousand cubic feet. 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 BRUMLEY -B- 398
- Who operates BRUMLEY -B- 398?
- BRUMLEY -B- 398 is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is BRUMLEY -B- 398?
- BRUMLEY -B- 398 is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 230978.
- Is BRUMLEY -B- 398 still producing?
- BRUMLEY -B- 398 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRUMLEY -B- 398 is August 2026.
- How much has BRUMLEY -B- 398 produced?
- BRUMLEY -B- 398 has reported 15,734 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2007 and August 2026, from 1 wellbore.
- How much is BRUMLEY -B- 398 worth?
- The remaining production from BRUMLEY -B- 398 is estimated to be worth about $8K in total as of 26 August 2026, within a range of $4K to $11K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRUMLEY -B- 398 is a fraction of it. The estimate fits an Arps decline curve to the production BRUMLEY -B- 398 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRUMLEY -B- 398 is an estimate of value, not an offer and not an appraisal.
- How much income does BRUMLEY -B- 398 generate in a year?
- BRUMLEY -B- 398 is forecast to net about $988 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRUMLEY -B- 398 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 230978 |
| Wellbores | 1 |
| Reported production | 15,734 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where BRUMLEY -B- 398 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.