BURGE
BURGE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Staley Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from August 2006 to August 2026, totalling 11,284 barrels. The lease is intermittent. 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 $159K, with roughly $31K 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 26 barrels a month. Its strongest month on the record we hold was June 2019, at 277 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 BURGE
- Who operates BURGE?
- BURGE is operated by Staley Operating Co., Railroad Commission of Texas operator number 811415.
- Where is BURGE?
- BURGE is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38202.
- Is BURGE still producing?
- BURGE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BURGE is August 2026.
- How much has BURGE produced?
- BURGE has reported 11,284 barrels of oil (bbl) to the Railroad Commission of Texas between August 2006 and August 2026, from 1 wellbore.
- How much is BURGE worth?
- The remaining production from BURGE is estimated to be worth about $159K in total as of 26 August 2026, within a range of $88K to $231K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURGE is a fraction of it. The estimate fits an Arps decline curve to the production BURGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURGE is an estimate of value, not an offer and not an appraisal.
- How much income does BURGE generate in a year?
- BURGE is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Staley Operating Co. |
|---|---|
| Field | Mi Vida (Delaware 4400) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 38202 |
| Wellbores | 1 |
| Reported production | 11,284 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $159K |
Where BURGE 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.