BURNS, LUCILLE
BURNS, LUCILLE is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Berry Oil Comp. It has 3 wellbores on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 52,443 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 $797K, with roughly $152K 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 165 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was July 2021, at 631 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 BURNS, LUCILLE
- Who operates BURNS, LUCILLE?
- BURNS, LUCILLE is operated by Berry Oil Comp., Railroad Commission of Texas operator number 068157.
- Where is BURNS, LUCILLE?
- BURNS, LUCILLE is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41353.
- Is BURNS, LUCILLE still producing?
- BURNS, LUCILLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNS, LUCILLE is August 2026.
- How much has BURNS, LUCILLE produced?
- BURNS, LUCILLE has reported 52,443 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 3 wellbores.
- How much is BURNS, LUCILLE worth?
- The remaining production from BURNS, LUCILLE is estimated to be worth about $797K in total as of 27 August 2026, within a range of $621K to $972K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNS, LUCILLE is a fraction of it. The estimate fits an Arps decline curve to the production BURNS, LUCILLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNS, LUCILLE is an estimate of value, not an offer and not an appraisal.
- How much income does BURNS, LUCILLE generate in a year?
- BURNS, LUCILLE is forecast to net about $152K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURNS, LUCILLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Berry Oil Comp. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 41353 |
| Wellbores | 3 |
| Reported production | 52,443 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $797K |
Where BURNS, LUCILLE 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.