BURNETT, WILL
BURNETT, WILL is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Dillard & Dillard Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,993 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 $113K, with roughly $22K 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 37 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was March 2017, at 216 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 BURNETT, WILL
- Who operates BURNETT, WILL?
- BURNETT, WILL is operated by Dillard & Dillard Inc., Railroad Commission of Texas operator number 219511.
- Where is BURNETT, WILL?
- BURNETT, WILL is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 06053.
- Is BURNETT, WILL still producing?
- BURNETT, WILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT, WILL is August 2026.
- How much has BURNETT, WILL produced?
- BURNETT, WILL has reported 30,993 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is BURNETT, WILL worth?
- The remaining production from BURNETT, WILL is estimated to be worth about $113K in total as of 27 August 2026, within a range of $62K to $164K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT, WILL is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT, WILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNETT, WILL is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT, WILL generate in a year?
- BURNETT, WILL is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURNETT, WILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dillard & Dillard Inc. |
|---|---|
| Field | K-M-A |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 06053 |
| Wellbores | 4 |
| Reported production | 30,993 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $113K |
Where BURNETT, WILL 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.