BURNETT, S. B. ESTATE
BURNETT, S. B. ESTATE is a Texas oil lease in King County, Railroad Commission district 8A, operated by Hunt Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2004 to August 2026, totalling 20,648 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 $296K, with roughly $57K 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 70 barrels a month. Its strongest month on the record we hold was August 2023, at 117 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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, S. B. ESTATE
- Who operates BURNETT, S. B. ESTATE?
- BURNETT, S. B. ESTATE is operated by Hunt Oil Company, Railroad Commission of Texas operator number 416330.
- Where is BURNETT, S. B. ESTATE?
- BURNETT, S. B. ESTATE is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68736.
- Is BURNETT, S. B. ESTATE still producing?
- BURNETT, S. B. ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT, S. B. ESTATE is August 2026.
- How much has BURNETT, S. B. ESTATE produced?
- BURNETT, S. B. ESTATE has reported 20,648 barrels of oil (bbl) to the Railroad Commission of Texas between November 2004 and August 2026, from 1 wellbore.
- How much is BURNETT, S. B. ESTATE worth?
- The remaining production from BURNETT, S. B. ESTATE is estimated to be worth about $296K in total as of 27 August 2026, within a range of $163K to $429K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT, S. B. ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT, S. B. ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNETT, S. B. ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT, S. B. ESTATE generate in a year?
- BURNETT, S. B. ESTATE is forecast to net about $57K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURNETT, S. B. ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt Oil Company |
|---|---|
| Field | Big RRR (Mississippian) |
| County | King County, Texas |
| RRC district | 8A |
| Lease number | 68736 |
| Wellbores | 1 |
| Reported production | 20,648 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $296K |
Where BURNETT, S. B. ESTATE 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.