BUSH-JONES UNIT

Operated by BURK ROYALTY COMPANY (P-5 108800) in the NIXON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12251District 01Field 65586001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$44 k
Jan 1993 – Dec 1994
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
24
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 134 leases and 163 wells, and the rule below applies to all of them.

Discovered
1950-09-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1979-11-30.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: EAGLE FORD, AND BUDA FORMATIONS

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
OilDisposition2,982 bbl$44,307
Casinghead gasProduction16 Mcf$0
Total$44,307

16 Mcf of this lease's gas, across 16 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 (2)

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 29.3262, -97.9282. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.32616, -97.92819 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,485 ft
2 wells filed one
Completion to plug
3.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 4,411 and 4,558 ft, median 4,485 ft, over the 2 wells that filed a depth.

Completions filed
May 1989 – Mar 1991
2 of 2 wells
Plug dates filed
Feb 1992 – Oct 1994
2 of 2 wells

Last completion to plug: a median of 3.2 years across the 2 wells that filed both dates, with the middle half between 3.0 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4933227324,411 ftMar 1991Oct 1994Yes
42-4933212914,558 ftMay 1989Feb 1992Yes

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 (24)

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

24 months

Dec 19940015.03$0
Nov 19940015.90$0
Oct 199426015.58$405
Sep 1994171015.29$2,615
Aug 1994319116.13$5,145
Jul 19943117.56$53
Jun 19940017.09$0
May 199432015.88$508
Apr 19941114.14$14
Mar 1994307112.46$3,825
Feb 19943112.50$38
Jan 1994286112.66$3,621
Dec 1993162112.33$1,997
Nov 1993156114.49$2,260
Oct 1993324115.85$5,135
Sep 1993324115.03$4,870
Aug 1993327115.66$5,121
Jul 1993330115.46$5,102
Jun 19931116.79$17
May 19931117.68$18
Apr 199321018.05$379
Mar 19930018.14$0
Feb 19931117.90$18
Jan 1993187116.93$3,166

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.

Oct 1994 — as filed, then multipliedworked
Oil                   26 bbl  × $ 15.58 =       $405
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $405

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/12251 is the state's own key, not one this site invented.