STAATS
STAATS 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 October 2014 to August 2026, totalling 76,112 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 $184K, with roughly $35K 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 June 2016, at 1,050 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 STAATS
- Who operates STAATS?
- STAATS is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is STAATS?
- STAATS is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27074.
- Is STAATS still producing?
- STAATS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STAATS is August 2026.
- How much has STAATS produced?
- STAATS has reported 76,112 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is STAATS worth?
- The remaining production from STAATS is estimated to be worth about $184K in total as of 26 August 2026, within a range of $101K to $267K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STAATS is a fraction of it. The estimate fits an Arps decline curve to the production STAATS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STAATS is an estimate of value, not an offer and not an appraisal.
- How much income does STAATS generate in a year?
- STAATS is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STAATS 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 | 27074 |
| Wellbores | 1 |
| Reported production | 76,112 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $184K |
Where STAATS 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.