AWM
AWM is a Texas oil lease in King County, Railroad Commission district 8A, operated by Burnett Oil Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 2,004 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 $202K, with roughly $39K 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 52 barrels a month. Its strongest month on the record we hold was March 2023, at 114 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 AWM
- Who operates AWM?
- AWM is operated by Burnett Oil Co., Inc., Railroad Commission of Texas operator number 110016.
- Where is AWM?
- AWM is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71286.
- Is AWM still producing?
- AWM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AWM is August 2026.
- How much has AWM produced?
- AWM has reported 2,004 barrels of oil (bbl) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is AWM worth?
- The remaining production from AWM is estimated to be worth about $202K in total as of 26 August 2026, within a range of $111K to $294K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AWM is a fraction of it. The estimate fits an Arps decline curve to the production AWM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AWM is an estimate of value, not an offer and not an appraisal.
- How much income does AWM generate in a year?
- AWM is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AWM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burnett Oil Co., Inc. |
|---|---|
| Field | North Willow (Cisco Lime) |
| County | King County, Texas |
| RRC district | 8A |
| Lease number | 71286 |
| Wellbores | 1 |
| Reported production | 2,004 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $202K |
Where AWM 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.