BURNETT
BURNETT is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Perkins-Prothro Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 439,742 thousand cubic feet. The lease is intermittent. 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 $8K, with roughly $1K 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 220 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 1,142 thousand cubic feet. 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
- Who operates BURNETT?
- BURNETT is operated by Perkins-Prothro Company, Railroad Commission of Texas operator number 655010.
- Where is BURNETT?
- BURNETT is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024704.
- Is BURNETT still producing?
- BURNETT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BURNETT is August 2026.
- How much has BURNETT produced?
- BURNETT has reported 439,742 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BURNETT worth?
- The remaining production from BURNETT is estimated to be worth about $8K in total as of 26 August 2026, within a range of $6K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNETT is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT generate in a year?
- BURNETT is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Perkins-Prothro Company |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 024704 |
| Wellbores | 1 |
| Reported production | 439,742 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where BURNETT 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.