BURNETT 24
BURNETT 24 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Williams, Clayton Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 67,096 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 $788K, with roughly $144K 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 168 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was January 2017, at 697 barrels. 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 24
- Who operates BURNETT 24?
- BURNETT 24 is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is BURNETT 24?
- BURNETT 24 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45420.
- Is BURNETT 24 still producing?
- BURNETT 24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT 24 is August 2026.
- How much has BURNETT 24 produced?
- BURNETT 24 has reported 67,096 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 2 wellbores.
- How much is BURNETT 24 worth?
- The remaining production from BURNETT 24 is estimated to be worth about $788K in total as of 27 August 2026, within a range of $615K to $962K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT 24 is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT 24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNETT 24 is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT 24 generate in a year?
- BURNETT 24 is forecast to net about $144K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURNETT 24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 45420 |
| Wellbores | 2 |
| Reported production | 67,096 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $788K |
Where BURNETT 24 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.