BRITT -10-
BRITT -10- is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 3,108,038 thousand cubic feet. 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 $1.4M, with roughly $268K 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 8,117 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 208,112 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 BRITT -10-
- Who operates BRITT -10-?
- BRITT -10- is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is BRITT -10-?
- BRITT -10- is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 282780.
- Is BRITT -10- still producing?
- BRITT -10- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRITT -10- is August 2026.
- How much has BRITT -10- produced?
- BRITT -10- has reported 3,108,038 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is BRITT -10- worth?
- The remaining production from BRITT -10- is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.2M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRITT -10- is a fraction of it. The estimate fits an Arps decline curve to the production BRITT -10- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRITT -10- is an estimate of value, not an offer and not an appraisal.
- How much income does BRITT -10- generate in a year?
- BRITT -10- is forecast to net about $268K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRITT -10- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Allison-Britt (12350) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 282780 |
| Wellbores | 1 |
| Reported production | 3,108,038 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where BRITT -10- 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.