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Texas oil lease

Producing

NUTSHELL 403

Nutshell 403 is an oil lease in Yoakum County, Texas, operated by Burk Royalty Co., Ltd. in the Platang (San Andres) field.

3 wells

58,153bbl oil, last 12 months−38% vs prior year
RRC lease
8A-71298

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Where it sits

This county

Yoakum CountyYoakumHockleyCochranTerryYoakum County
Yoakum County
Gas, last 12 months
189,201 mcf
Oil in Jun 2026
3,822 bbl

Production by month

Oil output fell 38% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for NUTSHELL 403, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 52,255 bbl in the 12 months through Jul 2026, against 84,698 bbl in the 12 months before.Last 12 months: 52,255 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for NUTSHELL 403, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 52,255 bbl in the 12 months through Jul 2026, against 84,698 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2025 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 81.0% of the gas in Sep 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jun 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of NUTSHELL 403 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 81.0% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2025: line to plantFlared 81.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of NUTSHELL 403 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 81.0% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Jun 25: line to plantFlared 81.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 185,025 mcf

  • Flared (4)

    2.2% · 4,176 mcf

2.2% of the gas flared in the last 12 months. 15 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2025

Operators of this lease over timeSteward Energy II, LLC, Oct 2022 to Feb 2025; Burk Royalty Co., Ltd., Mar 2025 to Jun 20262023202420252026Changed Mar 2025Steward Energy II, LLCOct 2022 to Feb 2025Burk Royalty Co., Ltd.Mar 2025 to now
Operators of this lease over timeSteward Energy II, LLC, Oct 2022 to Feb 2025; Burk Royalty Co., Ltd., Mar 2025 to Jun 20262023202420252026Changed Mar 2025Steward Energy II, LLCOct 2022 to Feb 2025Burk Royalty Co., Ltd.Mar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on NUTSHELL 403
API numberWell no.Status
42-501-374102HActive
42-501-374111HActive
42-501-374323HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Stakeholder Ms Crude Oil Pl LLCOilGathers98Oct 7, 2022
Oasis Transp & Marketing Corp.OilGathers1Oct 7, 2022
Sentinel Transportation, LLCOilGathers1Oct 7, 2022
Stakeholder Gas Services, LLCCasinghead gasBuys100Oct 7, 2022
Stakeholder Gas Utility, LLCCasinghead gasGathers100Oct 7, 2022

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

320 acres on the newest permit

Permits for Nutshell 403
API numberWell no.Acreson the permit
42-501-374323H320
42-501-374102H320
42-501-374111H320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for NUTSHELL 403
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Burk Royalty3,8223,85111,3299,5831,746$84.81$3.15
May 2026Burk Royalty4,0694,03312,20211,487715$102.13$2.94
Apr 2026Burk Royalty4,6594,64713,81313,509304$100.32$2.77
Mar 2026Burk Royalty4,3834,50414,12813,513615$91.38$3.04
Feb 2026Burk Royalty4,3594,35914,13414,1340$64.51$3.62
Jan 2026Burk Royalty4,8424,79316,00815,96543$60.04$7.72
Dec 2025Burk Royalty4,9674,91516,49416,186308$57.97$4.26
Nov 2025Burk Royalty4,9715,06217,65217,6520$60.06$3.79
Oct 2025Burk Royalty5,4675,42717,99717,96532$60.89$3.19
Sep 2025Burk Royalty5,2445,22418,25317,998255$63.96$2.97
Aug 2025Burk Royalty5,4725,50518,68418,62163$64.86$2.91
Jul 2025Burk Royalty5,8985,99118,50718,41295$68.39$3.20
Jun 2025Burk Royalty5,9355,79618,49818,037461$68.17$3.02
May 2025Burk Royalty6,2516,23320,04620,0460$62.17$3.12
Apr 2025Burk Royalty5,7845,77116,60015,5361,064$63.54$3.42
Mar 2025Burk Royalty6,2256,27916,63214,7341,898$68.24$4.12
Feb 2025Steward Energy5,9685,99216,12516,08342$71.53$4.19
Jan 2025Steward Energy7,1407,16817,90217,83171$75.74$4.13
Dec 2024Steward Energy7,7577,61218,91418,9140$70.12$3.01
Nov 2024Steward Energy7,5347,62518,9119,7359,176$69.95$2.12
Oct 2024Steward Energy8,3638,37920,6587,39213,266$71.99$2.20
Sep 2024Steward Energy8,2898,17920,2473,85216,395$70.24$2.28
Aug 2024Steward Energy9,5549,46722,1487,02815,120$76.68$1.99
Jul 2024Steward Energy8,7558,84518,1774,35613,821$81.80$2.07
Jun 2024Steward Energy9,6729,65718,9837,18911,794$79.77$2.54
May 2024Steward Energy10,26210,28019,4049,5429,862$80.02$2.12
Apr 2024Steward Energy11,18711,11719,67518,5951,080$85.35$1.60
Mar 2024Steward Energy10,64710,73819,20518,943262$81.28$1.49
Feb 2024Steward Energy10,73810,80319,05618,604452$77.25$1.72
Jan 2024Steward Energy12,79312,77020,56215,6374,925$74.15$3.18
Dec 2023Steward Energy12,85012,75920,42420,121303$71.90$2.52
Nov 2023Steward Energy13,22513,20720,21619,791425$77.69$2.71
Oct 2023Steward Energy13,67513,67721,61220,828784$85.64$2.98
Sep 2023Steward Energy12,93513,02824,24224,006236$89.43$2.64
Aug 2023Steward Energy21,75721,76934,77834,048730$81.39$2.58

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Burk Royalty Co., Ltd. in Yoakum County

All Burk Royalty Co., Ltd. leases →

Platang (San Andres) field

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