BURTON, JOHN. W.
BURTON, JOHN. W. is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Ocean Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2002 to August 2026, totalling 1,876,663 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 $386K, with roughly $59K 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 2,491 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 4,204 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 BURTON, JOHN. W.
- Who operates BURTON, JOHN. W.?
- BURTON, JOHN. W. is operated by Ocean Energy, Inc., Railroad Commission of Texas operator number 617549.
- Where is BURTON, JOHN. W.?
- BURTON, JOHN. W. is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 188708.
- Is BURTON, JOHN. W. still producing?
- BURTON, JOHN. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURTON, JOHN. W. is August 2026.
- How much has BURTON, JOHN. W. produced?
- BURTON, JOHN. W. has reported 1,876,663 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2002 and August 2026, from 1 wellbore.
- How much is BURTON, JOHN. W. worth?
- The remaining production from BURTON, JOHN. W. is estimated to be worth about $386K in total as of 26 August 2026, within a range of $320K to $451K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURTON, JOHN. W. is a fraction of it. The estimate fits an Arps decline curve to the production BURTON, JOHN. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURTON, JOHN. W. is an estimate of value, not an offer and not an appraisal.
- How much income does BURTON, JOHN. W. generate in a year?
- BURTON, JOHN. W. is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURTON, JOHN. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ocean Energy, Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 188708 |
| Wellbores | 1 |
| Reported production | 1,876,663 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $386K |
Where BURTON, JOHN. W. 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.