COURAND UNIT

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

Oil lease lease 14007District 01Field 71926500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$174 k
Dec 1995 – Jan 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
62
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1957-03-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,500 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1985-06-14.

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The Commission's schedule remark for this field reads: RESCINDED CASING AND MULTI-STAGE CEMENTING RULES 6-14-85.

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
OilDisposition9,698 bbl$170,184
Casinghead gasProduction15,361 Mcf$3,844
Total$174,028

13,941 Mcf of this lease's gas, across 12 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 28.9100, -98.4464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.90999, -98.44645 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,668 ft
1 wells filed one
Completion to plug
5.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,668 ft.

Completions filed
Sep 1995
1 of 1 wells
Plug dates filed
Dec 2000
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0133399417,668 ftSep 1995Dec 2000Yes

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 (62)

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

62 months

Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998177012.421.97$2,198
Sep 19987012.592.08$88
Aug 1998181011.301.91$2,045
Jul 19983011.742.24$35
Jun 1998197011.242.24$2,214
May 1998502012.622.21$6,335
Apr 1998367013.042.51$4,786
Mar 1998350012.802.31$4,480
Feb 1998184013.952.30$2,567
Jan 1998527014.702.15$7,747
Dec 1997349016.322.41$5,696
Nov 1997358018.193.09$6,512
Oct 1997519019.253.15$9,991
Sep 1997209017.742.95$3,708
Aug 1997530017.862.55$9,466
Jul 1997339017.582.25$5,960
Jun 1997376017.242.26$6,482
May 1997350018.972.31$6,640
Apr 19971806117.882.08$3,345
Mar 199720736418.951.94$4,629
Feb 199736738320.492.21$8,365
Jan 199718961223.483.54$6,604
Dec 199627042023.32$6,296
Nov 199635881621.97$7,865
Oct 19963571,61423.31$8,322
Sep 199617730422.22$3,933
Aug 19968020.26$162
Jul 199602919.55$0
Jun 1996026018.73$0
May 199629719.43$39
Apr 19963551,23621.51$7,636
Mar 19963471,15419.38$6,725
Feb 19963332,56316.98$5,654
Jan 19966832,68917.07$11,659
Dec 19953402,75917.19$5,845

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 1998 — as filed, then multipliedworked
Oil                  177 bbl  × $ 12.42 =     $2,198
Casinghead gas         0 Mcf  × $  1.97 =         $0

────────────────────────────────────────────────────
Month total                                   $2,198

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/14007 is the state's own key, not one this site invented.