BURNETT UNIT 10
BURNETT UNIT 10 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Lacy, R., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,845,527 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 $115K, with roughly $27K 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 964 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 3,075 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 BURNETT UNIT 10
- Who operates BURNETT UNIT 10?
- BURNETT UNIT 10 is operated by Lacy, R., Inc., Railroad Commission of Texas operator number 480930.
- Where is BURNETT UNIT 10?
- BURNETT UNIT 10 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 135115.
- Is BURNETT UNIT 10 still producing?
- BURNETT UNIT 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT UNIT 10 is August 2026.
- How much has BURNETT UNIT 10 produced?
- BURNETT UNIT 10 has reported 1,845,527 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 UNIT 10 worth?
- The remaining production from BURNETT UNIT 10 is estimated to be worth about $115K in total as of 26 August 2026, within a range of $89K to $140K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT UNIT 10 is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT UNIT 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNETT UNIT 10 is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT UNIT 10 generate in a year?
- BURNETT UNIT 10 is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNETT UNIT 10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lacy, R., Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 135115 |
| Wellbores | 1 |
| Reported production | 1,845,527 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $115K |
Where BURNETT UNIT 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.