BURKS, JACK
BURKS, JACK is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Crisis Oil Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 49,369 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 $461K, with roughly $89K 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 118 barrels a month. Its strongest month on the record we hold was August 2018, at 165 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 BURKS, JACK
- Who operates BURKS, JACK?
- BURKS, JACK is operated by Crisis Oil Co., Inc., Railroad Commission of Texas operator number 189983.
- Where is BURKS, JACK?
- BURKS, JACK is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 04661.
- Is BURKS, JACK still producing?
- BURKS, JACK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURKS, JACK is August 2026.
- How much has BURKS, JACK produced?
- BURKS, JACK has reported 49,369 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BURKS, JACK worth?
- The remaining production from BURKS, JACK is estimated to be worth about $461K in total as of 27 August 2026, within a range of $360K to $563K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURKS, JACK is a fraction of it. The estimate fits an Arps decline curve to the production BURKS, JACK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURKS, JACK is an estimate of value, not an offer and not an appraisal.
- How much income does BURKS, JACK generate in a year?
- BURKS, JACK is forecast to net about $89K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BURKS, JACK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crisis Oil Co., Inc. |
|---|---|
| Field | Forest Hill |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 04661 |
| Wellbores | 1 |
| Reported production | 49,369 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $461K |
Where BURKS, JACK 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.