BRITT RANCH UNIT
BRITT RANCH UNIT is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Newfield Expl. Mid-Con. Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2006 to August 2026, totalling 1,328,845 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 $138K, with roughly $23K 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 833 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 5,177 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 BRITT RANCH UNIT
- Who operates BRITT RANCH UNIT?
- BRITT RANCH UNIT is operated by Newfield Expl. Mid-Con. Inc, Railroad Commission of Texas operator number 606616.
- Where is BRITT RANCH UNIT?
- BRITT RANCH UNIT is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 217301.
- Is BRITT RANCH UNIT still producing?
- BRITT RANCH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRITT RANCH UNIT is August 2026.
- How much has BRITT RANCH UNIT produced?
- BRITT RANCH UNIT has reported 1,328,845 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2006 and August 2026, from 1 wellbore.
- How much is BRITT RANCH UNIT worth?
- The remaining production from BRITT RANCH UNIT is estimated to be worth about $138K in total as of 26 August 2026, within a range of $108K to $168K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRITT RANCH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BRITT RANCH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRITT RANCH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BRITT RANCH UNIT generate in a year?
- BRITT RANCH UNIT is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRITT RANCH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newfield Expl. Mid-Con. Inc |
|---|---|
| Field | Stiles Ranch (Granite Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 217301 |
| Wellbores | 1 |
| Reported production | 1,328,845 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $138K |
Where BRITT RANCH UNIT 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.