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Texas oil lease

Producing

BURNETT 24

Burnett 24 is an oil lease in Andrews County, Texas, operated by Sabalo II Operating, LLC in the Spraberry (Trend Area) field.

2 wells

2,134bbl oil, last 12 months+7% vs prior year
RRC lease
08-45420

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
7,735 mcf
Oil in Jul 2026
146 bbl

Production by month

Oil output rose 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for BURNETT 24, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 2,134 bbl in the 12 months through Jul 2026, against 1,994 bbl in the 12 months before.Last 12 months: 2,134 bblbbl per monthmcf per month00502501005001507502001,0002501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for BURNETT 24, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 2,134 bbl in the 12 months through Jul 2026, against 1,994 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,0002501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Dec 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
88% of the gas went to a processing plant in the last 12 monthsShare of BURNETT 24 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a processing plant in the last 12 monthsShare of BURNETT 24 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    88% · 6,791 mcf

  • Flared (4)

    10% · 811 mcf

  • Lease fuel (1)

    1.7% · 133 mcf

10.5% of the gas flared in the last 12 months. 30 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Jun 2024

Operators of this lease over timeThrone Petroleum Resources LLC, Jan 2020 to Aug 2021; Montrose Operating LLC, Sep 2021 to May 2024; Sabalo II Operating, LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Sep 2021Changed Jun 2024Throne Petroleum Resources LLCJan 2020 to Aug 2021Montrose Operating LLCSep 2021 to May 2024Sabalo II Operating, LLCJun 2024 to now
Operators of this lease over timeThrone Petroleum Resources LLC, Jan 2020 to Aug 2021; Montrose Operating LLC, Sep 2021 to May 2024; Sabalo II Operating, LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Sep 2021Changed Jun 2024Throne Petroleum Resources LLCJan 2020 to Aug 2021Montrose Operating LLCSep 2021 to May 2024Sabalo II Operating, LLCJun 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on BURNETT 24
API numberWell no.Status
42-003-458611Active
42-003-459662Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers40Feb 24, 2026–
Midcon Gathering LLCOilGathers30Feb 24, 2026–
Plains Marketing, L.p.OilGathers30Feb 24, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Midcon Gathering LLCOilGathers100Feb 25, 2025Feb 24, 2026
Ngl Crude Logistics, LLCOilGathers100May 1, 2018Feb 25, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

161.10 acres on the newest permit

Permits for Burnett 24
API numberWell no.Acreson the permit
42-003-459662161.10
42-003-458611161.10

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for BURNETT 24
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Sabalo II14616347740924$80.46$2.89
Jun 2026Sabalo II17916846040118$84.81$3.15
May 2026Sabalo II16617157349233$102.13$2.94
Apr 2026Sabalo II144169558446112$100.32$2.77
Mar 2026Sabalo II248170579464115$91.38$3.04
Feb 2026Sabalo II15818951345558$64.51$3.62
Jan 2026Sabalo II18818283677759$60.04$7.72
Dec 2025Sabalo II10218861852989$57.97$4.26
Nov 2025Sabalo II1791906246240$60.06$3.79
Oct 2025Sabalo II18818368965435$60.89$3.19
Sep 2025Sabalo II1961827087080$63.96$2.97
Aug 2025Sabalo II2401871,100832268$64.86$2.91
Jul 2025Sabalo II10417933525085$68.39$3.20
Jun 2025Sabalo II102020114061$68.17$3.02
May 2025Sabalo II161186637155482$62.17$3.12
Apr 2025Sabalo II166185575294281$63.54$3.42
Mar 2025Sabalo II17318458152457$68.24$4.12
Feb 2025Sabalo II15618950941396$71.53$4.19
Jan 2025Sabalo II190199590351239$75.74$4.13
Dec 2024Sabalo II2011956240624$70.12$3.01
Nov 2024Sabalo II187179621219402$69.95$2.12
Oct 2024Sabalo II19018461855563$71.99$2.20
Sep 2024Sabalo II189192620460160$70.24$2.28
Aug 2024Sabalo II175189660521139$76.68$1.99
Jul 2024Sabalo II2161856616610$81.80$2.07
Jun 2024Sabalo II158183651523128$79.77$2.54
May 2024Montrose Operating202183650500150$80.02$2.12
Apr 2024Montrose Operating180185622317305$85.35$1.60
Mar 2024Montrose Operating20119063559738$81.28$1.49
Feb 2024Montrose Operating2041855915910$77.25$1.72
Jan 2024Montrose Operating20918764062317$74.15$3.18
Dec 2023Montrose Operating2111915575489$71.90$2.52
Nov 2023Montrose Operating20318459651086$77.69$2.71
Oct 2023Montrose Operating208363676380296$85.64$2.98
Sep 2023Montrose Operating204174654553101$89.43$2.64
Aug 2023Montrose Operating188188695230465$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Spraberry (Trend Area) field

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