RADER
RADER 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 May 2021 to August 2026, totalling 810 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 $71K, with roughly $14K 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 18 barrels a month. Its strongest month on the record we hold was August 2023, at 85 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 RADER
- Who operates RADER?
- RADER is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is RADER?
- RADER is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27910.
- Is RADER still producing?
- RADER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RADER is August 2026.
- How much has RADER produced?
- RADER has reported 810 barrels of oil (bbl) to the Railroad Commission of Texas between May 2021 and August 2026, from 1 wellbore.
- How much is RADER worth?
- The remaining production from RADER is estimated to be worth about $71K in total as of 27 August 2026, within a range of $39K to $103K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RADER is a fraction of it. The estimate fits an Arps decline curve to the production RADER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RADER is an estimate of value, not an offer and not an appraisal.
- How much income does RADER generate in a year?
- RADER is forecast to net about $14K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RADER 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 (Glen Rose, Upper) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27910 |
| Wellbores | 1 |
| Reported production | 810 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $71K |
Where RADER 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.