BURNS -B-

Operated by CLIPPER OPERATING CO., INC. (P-5 161179) in the BIG FOOT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12048District 01Field 07850001OilCasinghead gasSaveExport
Value, all time
$28 k
Jan 1993 – Jan 1996
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
37
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 97 leases and 1,100 wells, and the rule below applies to all of them.

Discovered
1949-02-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1997-07-22.

The Commission's schedule remark for this field reads: 10 ACRE OPT. W/1100' DIAG.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition1,810 bbl$28,392
Casinghead gasProduction19 Mcf$0
Total$28,392

19 Mcf of this lease's gas, across 19 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.0231, -98.8349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02311, -98.83491 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,432 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 3,432 ft.

Completions filed
Feb 1988
1 of 1 wells

1 well

42-163325544A3,432 ftFeb 1988

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (37)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

37 months

Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199516115.92$255
Jul 199517115.24$259
Jun 19950116.41$0
May 19950117.56$0
Apr 199536117.73$638
Mar 199588016.44$1,447
Feb 1995153016.58$2,537
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 199451015.58$795
Sep 19940015.29$0
Aug 1994126016.13$2,032
Jul 19940017.56$0
Jun 199470017.09$1,196
May 199444015.88$699
Apr 199459014.14$834
Mar 199473012.46$910
Feb 1994214112.50$2,675
Jan 19940112.66$0
Dec 19930112.33$0
Nov 199366114.49$956
Oct 199385115.85$1,347
Sep 1993162115.03$2,435
Aug 19930115.66$0
Jul 1993137115.46$2,118
Jun 19930116.79$0
May 1993174117.68$3,076
Apr 19930118.05$0
Mar 199369118.14$1,252
Feb 199355117.90$985
Jan 1993115116.93$1,947

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Aug 1995 — as filed, then multipliedworked
Oil                   16 bbl  × $ 15.92 =       $255
Casinghead gas         1 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $255

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/O/12048 is the state's own key, not one this site invented.