BURCH-WHEAT
BURCH-WHEAT is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Burch, Thomas Lee. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,481 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 $20K, with roughly $4K 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 5 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was August 2024, at 8 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BURCH-WHEAT
- Who operates BURCH-WHEAT?
- BURCH-WHEAT is operated by Burch, Thomas Lee, Railroad Commission of Texas operator number 107425.
- Where is BURCH-WHEAT?
- BURCH-WHEAT is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 09641.
- Is BURCH-WHEAT still producing?
- BURCH-WHEAT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURCH-WHEAT is August 2026.
- How much has BURCH-WHEAT produced?
- BURCH-WHEAT has reported 1,481 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is BURCH-WHEAT worth?
- The remaining production from BURCH-WHEAT is estimated to be worth about $20K in total as of 26 August 2026, within a range of $0 to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURCH-WHEAT is a fraction of it. The estimate fits an Arps decline curve to the production BURCH-WHEAT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURCH-WHEAT is an estimate of value, not an offer and not an appraisal.
- How much income does BURCH-WHEAT generate in a year?
- BURCH-WHEAT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURCH-WHEAT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burch, Thomas Lee |
|---|---|
| Field | Sour Lake |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 09641 |
| Wellbores | 2 |
| Reported production | 1,481 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where BURCH-WHEAT 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.