Before I knew what I was doing, I was making things like this.
The splice I show in the OP is called an "end for end" splice. Minus the brummel. Bury measurements are the same for an end for end as they are for a fixed eye. I added the brummel because it allowed me to pull the bury tails tight prior to burying. This let me get the bury entrance close enough to the brummel that it was near impossible to "accidentally" snag the bury and pull it out.
Technically you can do the same thing minus the brummel, I just never did.