BURNETT
BURNETT is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Linn Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2007 to August 2026, totalling 537,785 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 $283K, with roughly $48K 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 1,478 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 2,670 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
- Who operates BURNETT?
- BURNETT is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
- Where is BURNETT?
- BURNETT is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 234560.
- Is BURNETT still producing?
- BURNETT is currently producing. 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 537,785 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is BURNETT worth?
- The remaining production from BURNETT is estimated to be worth about $283K in total as of 26 August 2026, within a range of $235K to $331K. 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 $48K 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 | Linn Operating, Inc. |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 234560 |
| Wellbores | 1 |
| Reported production | 537,785 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $283K |
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.