BURCHARD, PRESTON
BURCHARD, PRESTON is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Cox, Robert G. & Associates,Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 150,545 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 $939K, with roughly $213K 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 303 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was September 2019, at 404 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 BURCHARD, PRESTON
- Who operates BURCHARD, PRESTON?
- BURCHARD, PRESTON is operated by Cox, Robert G. & Associates,Inc., Railroad Commission of Texas operator number 186160.
- Where is BURCHARD, PRESTON?
- BURCHARD, PRESTON is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29672.
- Is BURCHARD, PRESTON still producing?
- BURCHARD, PRESTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURCHARD, PRESTON is August 2026.
- How much has BURCHARD, PRESTON produced?
- BURCHARD, PRESTON has reported 150,545 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is BURCHARD, PRESTON worth?
- The remaining production from BURCHARD, PRESTON is estimated to be worth about $939K in total as of 27 August 2026, within a range of $733K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURCHARD, PRESTON is a fraction of it. The estimate fits an Arps decline curve to the production BURCHARD, PRESTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURCHARD, PRESTON is an estimate of value, not an offer and not an appraisal.
- How much income does BURCHARD, PRESTON generate in a year?
- BURCHARD, PRESTON is forecast to net about $213K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURCHARD, PRESTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cox, Robert G. & Associates,Inc. |
|---|---|
| Field | Coleman Ranch |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 29672 |
| Wellbores | 4 |
| Reported production | 150,545 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $939K |
Where BURCHARD, PRESTON 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.