FARRIS
FARRIS is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Burk Royalty Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 106,282 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 $419K, with roughly $81K 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 102 barrels a month. Its strongest month on the record we hold was August 2016, at 1,782 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 FARRIS
- Who operates FARRIS?
- FARRIS is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is FARRIS?
- FARRIS is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27072.
- Is FARRIS still producing?
- FARRIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARRIS is August 2026.
- How much has FARRIS produced?
- FARRIS has reported 106,282 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 1 wellbore.
- How much is FARRIS worth?
- The remaining production from FARRIS is estimated to be worth about $419K in total as of 26 August 2026, within a range of $327K to $511K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARRIS is a fraction of it. The estimate fits an Arps decline curve to the production FARRIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARRIS is an estimate of value, not an offer and not an appraisal.
- How much income does FARRIS generate in a year?
- FARRIS is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FARRIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Fort Trinidad, East (Buda) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27072 |
| Wellbores | 1 |
| Reported production | 106,282 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $419K |
Where FARRIS 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.