OTIS
OTIS is a Texas gas lease in Palo Pinto County, Railroad Commission district 09, operated by Brigadier Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 126,280 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 $13K, with roughly $2K 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 65 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 3,652 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 OTIS
- Who operates OTIS?
- OTIS is operated by Brigadier Operating, LLC, Railroad Commission of Texas operator number 092592.
- Where is OTIS?
- OTIS is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 277039.
- Is OTIS still producing?
- OTIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OTIS is August 2026.
- How much has OTIS produced?
- OTIS has reported 126,280 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is OTIS worth?
- The remaining production from OTIS is estimated to be worth about $13K in total as of 27 August 2026, within a range of $7K to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OTIS is a fraction of it. The estimate fits an Arps decline curve to the production OTIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OTIS is an estimate of value, not an offer and not an appraisal.
- How much income does OTIS generate in a year?
- OTIS is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OTIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brigadier Operating, LLC |
|---|---|
| Field | KRS (Marble Falls) |
| County | Palo Pinto County, Texas |
| RRC district | 09 |
| Lease number | 277039 |
| Wellbores | 1 |
| Reported production | 126,280 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where OTIS 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.