DORSEY
DORSEY is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Braden Exploration II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 49,428 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 $581K, with roughly $103K 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 120 barrels a month. Its strongest month on the record we hold was May 2016, at 418 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 DORSEY
- Who operates DORSEY?
- DORSEY is operated by Braden Exploration II, LLC, Railroad Commission of Texas operator number 086328.
- Where is DORSEY?
- DORSEY is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45594.
- Is DORSEY still producing?
- DORSEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DORSEY is August 2026.
- How much has DORSEY produced?
- DORSEY has reported 49,428 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 1 wellbore.
- How much is DORSEY worth?
- The remaining production from DORSEY is estimated to be worth about $581K in total as of 27 August 2026, within a range of $453K to $709K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DORSEY is a fraction of it. The estimate fits an Arps decline curve to the production DORSEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DORSEY is an estimate of value, not an offer and not an appraisal.
- How much income does DORSEY generate in a year?
- DORSEY is forecast to net about $103K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DORSEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Braden Exploration II, LLC |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 45594 |
| Wellbores | 1 |
| Reported production | 49,428 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $581K |
Where DORSEY 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.