BURNETT AG UNIT
BURNETT AG UNIT is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Conoco Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 717,220 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 $57K, with roughly $10K 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 492 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 1,743 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 AG UNIT
- Who operates BURNETT AG UNIT?
- BURNETT AG UNIT is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is BURNETT AG UNIT?
- BURNETT AG UNIT is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 023175.
- Is BURNETT AG UNIT still producing?
- BURNETT AG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT AG UNIT is August 2026.
- How much has BURNETT AG UNIT produced?
- BURNETT AG UNIT has reported 717,220 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 AG UNIT worth?
- The remaining production from BURNETT AG UNIT is estimated to be worth about $57K in total as of 26 August 2026, within a range of $44K to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT AG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT AG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNETT AG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT AG UNIT generate in a year?
- BURNETT AG UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNETT AG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 023175 |
| Wellbores | 1 |
| Reported production | 717,220 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $57K |
Where BURNETT AG UNIT 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.