BURLESON 12
BURLESON 12 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 128,609 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 $1.9M, with roughly $437K 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 535 barrels a month, about 267 per wellbore. Its strongest month on the record we hold was May 2016, at 2,049 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 BURLESON 12
- Who operates BURLESON 12?
- BURLESON 12 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is BURLESON 12?
- BURLESON 12 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46951.
- Is BURLESON 12 still producing?
- BURLESON 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURLESON 12 is August 2026.
- How much has BURLESON 12 produced?
- BURLESON 12 has reported 128,609 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 2 wellbores.
- How much is BURLESON 12 worth?
- The remaining production from BURLESON 12 is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURLESON 12 is a fraction of it. The estimate fits an Arps decline curve to the production BURLESON 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURLESON 12 is an estimate of value, not an offer and not an appraisal.
- How much income does BURLESON 12 generate in a year?
- BURLESON 12 is forecast to net about $437K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURLESON 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 46951 |
| Wellbores | 2 |
| Reported production | 128,609 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where BURLESON 12 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.