BROWN-MERRICK 431
BROWN-MERRICK 431 is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Bennett Resources, Inc. It has 14 wellbores on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 239,821 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 $1.7M, with roughly $559K 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 1,057 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was February 2024, at 5,411 barrels. 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 BROWN-MERRICK 431
- Who operates BROWN-MERRICK 431?
- BROWN-MERRICK 431 is operated by Bennett Resources, Inc., Railroad Commission of Texas operator number 065320.
- Where is BROWN-MERRICK 431?
- BROWN-MERRICK 431 is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31588.
- Is BROWN-MERRICK 431 still producing?
- BROWN-MERRICK 431 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROWN-MERRICK 431 is August 2026.
- How much has BROWN-MERRICK 431 produced?
- BROWN-MERRICK 431 has reported 239,821 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 14 wellbores.
- How much is BROWN-MERRICK 431 worth?
- The remaining production from BROWN-MERRICK 431 is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROWN-MERRICK 431 is a fraction of it. The estimate fits an Arps decline curve to the production BROWN-MERRICK 431 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROWN-MERRICK 431 is an estimate of value, not an offer and not an appraisal.
- How much income does BROWN-MERRICK 431 generate in a year?
- BROWN-MERRICK 431 is forecast to net about $559K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BROWN-MERRICK 431 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bennett Resources, Inc. |
|---|---|
| Field | Jack Austin (Strawn SD) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 31588 |
| Wellbores | 14 |
| Reported production | 239,821 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where BROWN-MERRICK 431 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.