BURKETT
BURKETT is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Crosstex Services, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from October 2024 to August 2026, totalling 2,275 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 $511K, with roughly $98K 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 137 barrels a month. Its strongest month on the record we hold was February 2025, at 179 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 BURKETT
- Who operates BURKETT?
- BURKETT is operated by Crosstex Services, L.L.C., Railroad Commission of Texas operator number 190661.
- Where is BURKETT?
- BURKETT is a Texas oil lease in Coleman County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32787.
- Is BURKETT still producing?
- BURKETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURKETT is August 2026.
- How much has BURKETT produced?
- BURKETT has reported 2,275 barrels of oil (bbl) to the Railroad Commission of Texas between October 2024 and August 2026, from 1 wellbore.
- How much is BURKETT worth?
- The remaining production from BURKETT is estimated to be worth about $511K in total as of 27 August 2026, within a range of $399K to $624K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURKETT is a fraction of it. The estimate fits an Arps decline curve to the production BURKETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURKETT is an estimate of value, not an offer and not an appraisal.
- How much income does BURKETT generate in a year?
- BURKETT is forecast to net about $98K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURKETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crosstex Services, L.L.C. |
|---|---|
| Field | Coleman County Regular |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 32787 |
| Wellbores | 1 |
| Reported production | 2,275 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $511K |
Where BURKETT 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.