MOBLEY/BROWN STATE
MOBLEY/BROWN STATE is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Feagan Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 1997 to August 2026, totalling 989,512 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 $7K, with roughly $5K 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 1,101 thousand cubic feet a month. Its strongest month on the record we hold was February 2025, at 3,302 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MOBLEY/BROWN STATE
- Who operates MOBLEY/BROWN STATE?
- MOBLEY/BROWN STATE is operated by Feagan Energy, Inc., Railroad Commission of Texas operator number 263930.
- Where is MOBLEY/BROWN STATE?
- MOBLEY/BROWN STATE is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 167957.
- Is MOBLEY/BROWN STATE still producing?
- MOBLEY/BROWN STATE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MOBLEY/BROWN STATE is August 2026.
- How much has MOBLEY/BROWN STATE produced?
- MOBLEY/BROWN STATE has reported 989,512 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1997 and August 2026, from 1 wellbore.
- How much is MOBLEY/BROWN STATE worth?
- The remaining production from MOBLEY/BROWN STATE is estimated to be worth about $7K in total as of 27 August 2026, within a range of $6K to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOBLEY/BROWN STATE is a fraction of it. The estimate fits an Arps decline curve to the production MOBLEY/BROWN STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOBLEY/BROWN STATE is an estimate of value, not an offer and not an appraisal.
- How much income does MOBLEY/BROWN STATE generate in a year?
- MOBLEY/BROWN STATE is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MOBLEY/BROWN STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Feagan Energy, Inc. |
|---|---|
| Field | Brown-Bassett (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 167957 |
| Wellbores | 1 |
| Reported production | 989,512 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where MOBLEY/BROWN STATE 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.