BURNETT UNIT 9
BURNETT UNIT 9 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 August 2001 to August 2026, totalling 1,547,227 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 $54K, with roughly $8K 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 498 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 3,328 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 9
- Who operates BURNETT UNIT 9?
- BURNETT UNIT 9 is operated by Lacy, R., Inc., Railroad Commission of Texas operator number 480930.
- Where is BURNETT UNIT 9?
- BURNETT UNIT 9 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 184471.
- Is BURNETT UNIT 9 still producing?
- BURNETT UNIT 9 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT UNIT 9 is August 2026.
- How much has BURNETT UNIT 9 produced?
- BURNETT UNIT 9 has reported 1,547,227 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2001 and August 2026, from 1 wellbore.
- How much is BURNETT UNIT 9 worth?
- The remaining production from BURNETT UNIT 9 is estimated to be worth about $54K in total as of 26 August 2026, within a range of $42K to $66K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT UNIT 9 is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT UNIT 9 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 9 is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT UNIT 9 generate in a year?
- BURNETT UNIT 9 is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNETT UNIT 9 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 | 184471 |
| Wellbores | 1 |
| Reported production | 1,547,227 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $54K |
Where BURNETT UNIT 9 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.