BURNETT AWM RR
BURNETT AWM RR is a Texas oil lease in King County, Railroad Commission district 8A, operated by Gunn Oil Company. It has 3 wellbores on file with the Commission. Reported production runs from September 2001 to August 2026, totalling 498,841 barrels. 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 $16.2M, with roughly $5.9M 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 10,469 barrels a month, about 3,490 per wellbore. Its strongest month on the record we hold was March 2025, at 15,318 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 AWM RR
- Who operates BURNETT AWM RR?
- BURNETT AWM RR is operated by Gunn Oil Company, Railroad Commission of Texas operator number 339493.
- Where is BURNETT AWM RR?
- BURNETT AWM RR is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68373.
- Is BURNETT AWM RR still producing?
- BURNETT AWM RR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT AWM RR is August 2026.
- How much has BURNETT AWM RR produced?
- BURNETT AWM RR has reported 498,841 barrels of oil (bbl) to the Railroad Commission of Texas between September 2001 and August 2026, from 3 wellbores.
- How much is BURNETT AWM RR worth?
- The remaining production from BURNETT AWM RR is estimated to be worth about $16.2M in total as of 27 August 2026, within a range of $13.3M to $19.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT AWM RR is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT AWM RR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNETT AWM RR is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT AWM RR generate in a year?
- BURNETT AWM RR is forecast to net about $5.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURNETT AWM RR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gunn Oil Company |
|---|---|
| Field | Roberts Rift (Strawn 5500) |
| County | King County, Texas |
| RRC district | 8A |
| Lease number | 68373 |
| Wellbores | 3 |
| Reported production | 498,841 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.2M |
Where BURNETT AWM RR 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.