BROWN SE 203
BROWN SE 203 is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Fasken Oil And Ranch, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from October 2001 to August 2026, totalling 247,579 thousand cubic feet. The lease is intermittent. 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 $267, with roughly $34 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 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 2,112 thousand cubic feet. 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 BROWN SE 203
- Who operates BROWN SE 203?
- BROWN SE 203 is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is BROWN SE 203?
- BROWN SE 203 is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 185667.
- Is BROWN SE 203 still producing?
- BROWN SE 203 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BROWN SE 203 is August 2026.
- How much has BROWN SE 203 produced?
- BROWN SE 203 has reported 247,579 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2001 and August 2026, from 1 wellbore.
- How much is BROWN SE 203 worth?
- The remaining production from BROWN SE 203 is estimated to be worth about $267 in total as of 26 August 2026, within a range of $208 to $326. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROWN SE 203 is a fraction of it. The estimate fits an Arps decline curve to the production BROWN SE 203 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN SE 203 is an estimate of value, not an offer and not an appraisal.
- How much income does BROWN SE 203 generate in a year?
- BROWN SE 203 is forecast to net about $34 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BROWN SE 203 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Geaslin (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 185667 |
| Wellbores | 1 |
| Reported production | 247,579 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $267 |
Where BROWN SE 203 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.