BURNS RME
BURNS RME is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Ridgemar Energy Operating, LLC. It has 9 wellbores on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 708,188 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 $4.1M, with roughly $4.2M 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 37,551 barrels a month, about 4,172 per wellbore. Its strongest month on the record we hold was January 2025, at 61,040 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BURNS RME
- Who operates BURNS RME?
- BURNS RME is operated by Ridgemar Energy Operating, LLC, Railroad Commission of Texas operator number 101261.
- Where is BURNS RME?
- BURNS RME is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21622.
- Is BURNS RME still producing?
- BURNS RME is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNS RME is August 2026.
- How much has BURNS RME produced?
- BURNS RME has reported 708,188 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 9 wellbores.
- How much is BURNS RME worth?
- The remaining production from BURNS RME is estimated to be worth about $4.1M in total as of 27 August 2026, within a range of $3.4M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNS RME is a fraction of it. The estimate fits an Arps decline curve to the production BURNS RME has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNS RME is an estimate of value, not an offer and not an appraisal.
- How much income does BURNS RME generate in a year?
- BURNS RME is forecast to net about $4.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURNS RME receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ridgemar Energy Operating, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 21622 |
| Wellbores | 9 |
| Reported production | 708,188 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.1M |
Where BURNS RME 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.