BRITT
BRITT is a Texas oil lease in Van Zandt County, Railroad Commission district 05, operated by Jamex, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 33,167 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 $741K, with roughly $143K 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 188 barrels a month. Its strongest month on the record we hold was December 2016, at 525 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 BRITT
- Who operates BRITT?
- BRITT is operated by Jamex, Inc., Railroad Commission of Texas operator number 429659.
- Where is BRITT?
- BRITT is a Texas oil lease in Van Zandt County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04135.
- Is BRITT still producing?
- BRITT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRITT is August 2026.
- How much has BRITT produced?
- BRITT has reported 33,167 barrels of oil (bbl) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
- How much is BRITT worth?
- The remaining production from BRITT is estimated to be worth about $741K in total as of 27 August 2026, within a range of $578K to $904K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRITT is a fraction of it. The estimate fits an Arps decline curve to the production BRITT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRITT is an estimate of value, not an offer and not an appraisal.
- How much income does BRITT generate in a year?
- BRITT is forecast to net about $143K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BRITT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jamex, Inc. |
|---|---|
| Field | Fruitvale |
| County | Van Zandt County, Texas |
| RRC district | 05 |
| Lease number | 04135 |
| Wellbores | 1 |
| Reported production | 33,167 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $741K |
Where BRITT 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.