BURNEY
BURNEY is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Abraxas Production Corporation. It has 7 wellbores on file with the Commission. Reported production runs from April 1993 to August 2026, totalling 103,903 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 $630K, with roughly $121K 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 157 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was April 2025, at 215 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 BURNEY
- Who operates BURNEY?
- BURNEY is operated by Abraxas Production Corporation, Railroad Commission of Texas operator number 003140.
- Where is BURNEY?
- BURNEY is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66986.
- Is BURNEY still producing?
- BURNEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNEY is August 2026.
- How much has BURNEY produced?
- BURNEY has reported 103,903 barrels of oil (bbl) to the Railroad Commission of Texas between April 1993 and August 2026, from 7 wellbores.
- How much is BURNEY worth?
- The remaining production from BURNEY is estimated to be worth about $630K in total as of 26 August 2026, within a range of $491K to $768K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNEY is a fraction of it. The estimate fits an Arps decline curve to the production BURNEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNEY is an estimate of value, not an offer and not an appraisal.
- How much income does BURNEY generate in a year?
- BURNEY is forecast to net about $121K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Abraxas Production Corporation |
|---|---|
| Field | Sharon Ridge (Clear Fork) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 66986 |
| Wellbores | 7 |
| Reported production | 103,903 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $630K |
Where BURNEY 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.