BURKHART
BURKHART is a Texas oil lease in Howard County, Railroad Commission district 8A, operated by Holly Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 527,456 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 $887K, with roughly $292K 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 435 barrels a month. Its strongest month on the record we hold was November 2024, at 757 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 BURKHART
- Who operates BURKHART?
- BURKHART is operated by Holly Petroleum, Inc., Railroad Commission of Texas operator number 393735.
- Where is BURKHART?
- BURKHART is a Texas oil lease in Howard County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66865.
- Is BURKHART still producing?
- BURKHART is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURKHART is August 2026.
- How much has BURKHART produced?
- BURKHART has reported 527,456 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BURKHART worth?
- The remaining production from BURKHART is estimated to be worth about $887K in total as of 26 August 2026, within a range of $692K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURKHART is a fraction of it. The estimate fits an Arps decline curve to the production BURKHART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURKHART is an estimate of value, not an offer and not an appraisal.
- How much income does BURKHART generate in a year?
- BURKHART is forecast to net about $292K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURKHART receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holly Petroleum, Inc. |
|---|---|
| Field | Ackerly, E. (Penn.) |
| County | Howard County, Texas |
| RRC district | 8A |
| Lease number | 66865 |
| Wellbores | 1 |
| Reported production | 527,456 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $887K |
Where BURKHART 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.