BURNETT BROTHERS #2
BURNETT BROTHERS #2 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Amoco Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,190,555 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 $281K, with roughly $56K 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 2,940 thousand cubic feet a month. Its strongest month on the record we hold was March 2024, at 5,947 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 BURNETT BROTHERS #2
- Who operates BURNETT BROTHERS #2?
- BURNETT BROTHERS #2 is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is BURNETT BROTHERS #2?
- BURNETT BROTHERS #2 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 029617.
- Is BURNETT BROTHERS #2 still producing?
- BURNETT BROTHERS #2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT BROTHERS #2 is August 2026.
- How much has BURNETT BROTHERS #2 produced?
- BURNETT BROTHERS #2 has reported 1,190,555 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BURNETT BROTHERS #2 worth?
- The remaining production from BURNETT BROTHERS #2 is estimated to be worth about $281K in total as of 26 August 2026, within a range of $233K to $329K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT BROTHERS #2 is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT BROTHERS #2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNETT BROTHERS #2 is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT BROTHERS #2 generate in a year?
- BURNETT BROTHERS #2 is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNETT BROTHERS #2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Carthage (Hill, North) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 029617 |
| Wellbores | 1 |
| Reported production | 1,190,555 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $281K |
Where BURNETT BROTHERS #2 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.