BURNS
BURNS is a Texas oil lease in Cherokee County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 20,736 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $19K, with roughly $3K expected over the next twelve months.
| Operator | Valence Operating Company |
|---|---|
| Field | P.L. (Rodessa) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 15060 |
| Wellbores | 1 |
| Reported production | 20,736 bbl |
| First reported | December 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $19K |
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.