BURCHARD
BURCHARD is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Wilbanks, Bruce & G.L. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,204 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 $36K, with roughly $7K 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 10 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was September 2017, at 298 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BURCHARD
- Who operates BURCHARD?
- BURCHARD is operated by Wilbanks, Bruce & G.L., Railroad Commission of Texas operator number 923061.
- Where is BURCHARD?
- BURCHARD is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 26371.
- Is BURCHARD still producing?
- BURCHARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURCHARD is August 2026.
- How much has BURCHARD produced?
- BURCHARD has reported 39,204 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is BURCHARD worth?
- The remaining production from BURCHARD is estimated to be worth about $36K in total as of 26 August 2026, within a range of $0 to $72K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURCHARD is a fraction of it. The estimate fits an Arps decline curve to the production BURCHARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURCHARD is an estimate of value, not an offer and not an appraisal.
- How much income does BURCHARD generate in a year?
- BURCHARD is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURCHARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wilbanks, Bruce & G.L. |
|---|---|
| Field | Coleman Ranch |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 26371 |
| Wellbores | 6 |
| Reported production | 39,204 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where BURCHARD 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.