BRADY -E-
BRADY -E- is a Texas oil lease in Sherman County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 70,785 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 $1.1M, with roughly $254K 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 494 barrels a month. Its strongest month on the record we hold was March 2026, at 1,084 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BRADY -E-
- Who operates BRADY -E-?
- BRADY -E- is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is BRADY -E-?
- BRADY -E- is a Texas oil lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04228.
- Is BRADY -E- still producing?
- BRADY -E- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRADY -E- is August 2026.
- How much has BRADY -E- produced?
- BRADY -E- has reported 70,785 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BRADY -E- worth?
- The remaining production from BRADY -E- is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $883K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRADY -E- is a fraction of it. The estimate fits an Arps decline curve to the production BRADY -E- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRADY -E- is an estimate of value, not an offer and not an appraisal.
- How much income does BRADY -E- generate in a year?
- BRADY -E- is forecast to net about $254K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRADY -E- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Stevens (Marmaton) |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 04228 |
| Wellbores | 1 |
| Reported production | 70,785 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where BRADY -E- 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.