BURTON
BURTON is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 652,303 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 $113K, with roughly $25K 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 1,186 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,386 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 BURTON
- Who operates BURTON?
- BURTON is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is BURTON?
- BURTON is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 226083.
- Is BURTON still producing?
- BURTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURTON is August 2026.
- How much has BURTON produced?
- BURTON has reported 652,303 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2006 and August 2026, from 1 wellbore.
- How much is BURTON worth?
- The remaining production from BURTON is estimated to be worth about $113K in total as of 26 August 2026, within a range of $94K to $132K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURTON is a fraction of it. The estimate fits an Arps decline curve to the production BURTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURTON is an estimate of value, not an offer and not an appraisal.
- How much income does BURTON generate in a year?
- BURTON is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 226083 |
| Wellbores | 1 |
| Reported production | 652,303 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $113K |
Where BURTON 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.