BURNS GAS UNIT NO 1
BURNS GAS UNIT NO 1 is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 4,310,731 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 $650K, with roughly $111K 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 4,774 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 15,077 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 BURNS GAS UNIT NO 1
- Who operates BURNS GAS UNIT NO 1?
- BURNS GAS UNIT NO 1 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is BURNS GAS UNIT NO 1?
- BURNS GAS UNIT NO 1 is a Texas gas lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 235538.
- Is BURNS GAS UNIT NO 1 still producing?
- BURNS GAS UNIT NO 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNS GAS UNIT NO 1 is August 2026.
- How much has BURNS GAS UNIT NO 1 produced?
- BURNS GAS UNIT NO 1 has reported 4,310,731 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is BURNS GAS UNIT NO 1 worth?
- The remaining production from BURNS GAS UNIT NO 1 is estimated to be worth about $650K in total as of 26 August 2026, within a range of $539K to $760K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNS GAS UNIT NO 1 is a fraction of it. The estimate fits an Arps decline curve to the production BURNS GAS UNIT NO 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNS GAS UNIT NO 1 is an estimate of value, not an offer and not an appraisal.
- How much income does BURNS GAS UNIT NO 1 generate in a year?
- BURNS GAS UNIT NO 1 is forecast to net about $111K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNS GAS UNIT NO 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Moray (Edwards) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 235538 |
| Wellbores | 1 |
| Reported production | 4,310,731 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $650K |
Where BURNS GAS UNIT NO 1 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.