GAHAGAN-BURNS
GAHAGAN-BURNS is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Xstar Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 3,571 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 $10K, with roughly $2K 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 2 barrels a month. Its strongest month on the record we hold was August 2019, at 186 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 GAHAGAN-BURNS
- Who operates GAHAGAN-BURNS?
- GAHAGAN-BURNS is operated by Xstar Resources LLC, Railroad Commission of Texas operator number 945934.
- Where is GAHAGAN-BURNS?
- GAHAGAN-BURNS is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32880.
- Is GAHAGAN-BURNS still producing?
- GAHAGAN-BURNS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAHAGAN-BURNS is August 2026.
- How much has GAHAGAN-BURNS produced?
- GAHAGAN-BURNS has reported 3,571 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is GAHAGAN-BURNS worth?
- The remaining production from GAHAGAN-BURNS is estimated to be worth about $10K in total as of 26 August 2026, within a range of $0 to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAHAGAN-BURNS is a fraction of it. The estimate fits an Arps decline curve to the production GAHAGAN-BURNS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAHAGAN-BURNS is an estimate of value, not an offer and not an appraisal.
- How much income does GAHAGAN-BURNS generate in a year?
- GAHAGAN-BURNS is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GAHAGAN-BURNS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xstar Resources LLC |
|---|---|
| Field | KRS (Marble Falls) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 32880 |
| Wellbores | 1 |
| Reported production | 3,571 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where GAHAGAN-BURNS 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.