BURRUS
BURRUS is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Maxus Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,840,921 thousand cubic feet. 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 $188K, 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 933 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 2,561 thousand cubic feet. 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 BURRUS
- Who operates BURRUS?
- BURRUS is operated by Maxus Exploration Company, Railroad Commission of Texas operator number 534237.
- Where is BURRUS?
- BURRUS is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 028053.
- Is BURRUS still producing?
- BURRUS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURRUS is August 2026.
- How much has BURRUS produced?
- BURRUS has reported 1,840,921 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BURRUS worth?
- The remaining production from BURRUS is estimated to be worth about $188K in total as of 26 August 2026, within a range of $147K to $229K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURRUS is a fraction of it. The estimate fits an Arps decline curve to the production BURRUS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURRUS is an estimate of value, not an offer and not an appraisal.
- How much income does BURRUS generate in a year?
- BURRUS 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 BURRUS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maxus Exploration Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 028053 |
| Wellbores | 1 |
| Reported production | 1,840,921 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $188K |
Where BURRUS 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.