BURNETT AF UNIT

BURNETT AF 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 December 1997 to August 2026, totalling 1,086,352 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 $209K, with roughly $32K 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 1,386 thousand cubic feet a month. Its strongest month on the record we hold was May 2024, at 5,860 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 AF UNIT

Who operates BURNETT AF UNIT?
BURNETT AF UNIT is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
Where is BURNETT AF UNIT?
BURNETT AF UNIT is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 168233.
Is BURNETT AF UNIT still producing?
BURNETT AF UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT AF UNIT is August 2026.
How much has BURNETT AF UNIT produced?
BURNETT AF UNIT has reported 1,086,352 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1997 and August 2026, from 1 wellbore.
How much is BURNETT AF UNIT worth?
The remaining production from BURNETT AF UNIT is estimated to be worth about $209K in total as of 27 August 2026, within a range of $174K to $245K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT AF UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT AF 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 AF UNIT is an estimate of value, not an offer and not an appraisal.
How much income does BURNETT AF UNIT generate in a year?
BURNETT AF UNIT is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURNETT AF UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BURNETT AF UNIT as filed with the Railroad Commission of Texas
OperatorConoco Inc.
FieldPanhandle, West
CountyCarson County, Texas
RRC district10
Lease number168233
Wellbores1
Reported production1,086,352 mcf
First reported
Last reported
Estimated royalty value$209K

Where BURNETT AF 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.