SPEARY FAMILY TRUST UNIT A

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268979District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.4 M
Dec 2012 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
162
no gaps in the span
Streams
2
condensate, 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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2017-10-10.

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: GAS WELLS

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112013-12-11211670
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition268,954 bbl$21,675,277
GasProduction1,028,877 Mcf$3,688,595
Total$25,363,872

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 28.9390, -97.7539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.93899, -97.75389 · 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
13,099 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 13,099 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-25532457113,099 ftApr 2018

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 (162)

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

162 months

May 202600106.413.05$0
Apr 2026018498.932.87$528
Mar 2026065389.753.15$2,057
Feb 2026064663.503.75$2,423
Jan 2026064459.138.00$5,151
Dec 2025057556.664.41$2,538
Nov 2025054758.593.93$2,148
Oct 2025049659.383.30$1,639
Sep 2025048062.743.08$1,477
Aug 2025049663.933.01$1,495
Jul 2025049666.743.32$1,644
Jun 2025051966.483.13$1,624
May 2025058960.553.23$1,904
Apr 2025037862.363.54$1,339
Mar 2025028867.704.27$1,229
Feb 2025045370.884.34$1,966
Jan 20250074.324.28$0
Dec 202414948368.993.12$11,787
Nov 2024013869.052.20$303
Oct 2024053171.372.28$1,211
Sep 2024044669.612.36$1,055
Aug 2024036075.632.06$743
Jul 2024027779.932.15$595
Jun 2024054578.082.63$1,436
May 2024030078.812.20$660
Apr 2024033284.451.66$551
Mar 2024033080.301.55$510
Feb 2024027076.091.78$482
Jan 2024034373.023.30$1,131
Dec 2023028371.262.61$739
Nov 2023025777.892.81$722
Oct 2023026285.443.09$809
Sep 2023015789.042.74$429
Aug 2023021780.522.67$580
Jul 2023024474.852.64$645
Jun 202309268.962.26$208
May 2023014170.622.23$314
Apr 202304178.122.24$92
Mar 202314816872.852.39$11,184
Feb 202307175.112.47$175
Jan 202303176.533.39$105
Dec 202204976.415.73$281
Nov 202203985.005.65$220
Oct 202204087.185.86$235
Sep 202206884.888.16$555
Aug 2022020794.529.13$1,889
Jul 20220261101.587.54$1,968
Jun 20220229115.097.98$1,827
May 2022036109.378.43$304
Apr 202210054104.226.84$10,791
Mar 2022088108.885.08$447
Feb 2022017291.054.86$836
Jan 202236210181.844.54$30,084
Dec 2021024971.323.90$971
Nov 202101677.435.24$84
Oct 202117525579.795.71$15,420
Sep 20213191,55869.865.35$30,622
Aug 20217211,87066.024.22$55,493
Jul 202102,17670.783.98$8,665
Jun 20213361,55569.493.38$28,606
May 20213461,99363.483.02$27,978
Apr 20216711,87060.362.76$45,660
Mar 20211711,64261.302.72$14,944
Feb 20215301,00957.805.55$36,232
Jan 20213632,62550.412.81$25,676
Dec 20203722,35444.642.68$22,904
Nov 20205382,46338.772.71$27,525
Oct 20205072,23136.972.48$24,273
Sep 20203592,15237.091.99$17,600
Aug 20205292,56239.982.39$27,260
Jul 20203522,83138.371.83$18,673
Jun 20205363,01934.901.69$23,809
May 20205422,98616.921.81$14,589
Apr 20203572,69414.751.80$10,127
Mar 20207343,18430.341.86$28,180
Feb 20205393,39449.881.98$33,608
Jan 20208374,14757.252.09$56,605
Dec 20193572,63259.012.30$27,132
Nov 20194832,61055.302.75$33,889
Oct 20196743,50053.472.42$44,504
Sep 20198823,83255.052.66$58,737
Aug 20196083,79953.112.30$41,045
Jul 20197464,41456.272.46$52,836
Jun 20191591,15152.782.49$11,259
May 20198624,91258.482.74$63,870
Apr 20191,2015,28662.632.75$89,759
Mar 20198726,61556.803.06$69,785
Feb 20191,0656,91850.852.79$73,472
Jan 20191,1394,89746.033.23$68,237
Dec 20181,5135,16046.594.19$92,088
Nov 20181,3296,82952.934.24$99,280
Oct 20181,8857,32761.443.40$140,712
Sep 201818432259.543.11$11,956
Aug 20182,0559,10859.403.07$149,997
Jul 20182,80012,60365.142.93$219,342
Jun 20183,37413,47860.183.08$244,518
May 20183,79621,65065.382.90$310,985
Apr 20181,4614,43463.842.90$106,132
Mar 20186,56922,58661.222.79$465,098
Feb 201810,51435,18461.782.77$746,878
Jan 20186,85422,21462.874.01$519,974
Dec 20175,70017,28157.272.92$376,926
Nov 20171,2915,74355.423.12$89,456
Oct 20170549.292.98$15
Sep 20175647.523.09$256
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20175522,01345.373.26$31,613
Apr 20175533,51347.933.21$37,788
Mar 20177343,71946.772.98$45,425
Feb 20175583,35750.452.95$38,063
Jan 20177463,99949.413.42$50,532
Dec 20169293,15948.763.72$57,058
Nov 20167294,21442.492.64$42,119
Oct 20167324,36746.193.09$47,306
Sep 20169194,29341.553.10$51,495
Aug 20167844,63041.442.92$46,029
Jul 20169154,71541.622.92$51,871
Jun 20166474,32245.352.69$40,950
May 20169644,60042.521.99$50,148
Apr 20169734,45836.561.99$44,449
Mar 20161,1724,61333.011.79$46,963
Feb 20161,0124,36126.472.06$35,787
Jan 20161,2795,65627.352.36$48,353
Dec 20159265,93532.362.00$41,844
Nov 20159285,30038.792.17$47,484
Oct 20151,4555,95343.552.43$77,811
Sep 20159174,59542.992.76$52,097
Aug 20151,3015,75740.162.87$68,785
Jul 20151,2906,45448.152.95$81,121
Jun 20151,3036,47856.152.88$91,839
May 20151,4606,59555.212.96$100,098
Apr 20151,6537,38949.822.71$102,351
Mar 20151,4547,14842.892.93$83,339
Feb 20151,6836,39944.662.98$94,207
Jan 20151,6027,97343.433.10$94,296
Dec 20141,29610,53954.693.59$108,728
Nov 20142,17210,91670.464.25$199,452
Oct 20142,38210,94578.303.90$229,207
Sep 20142,60510,91986.164.05$268,619
Aug 20143,09312,15389.394.04$325,522
Jul 20143,12513,37796.564.18$357,661
Jun 20142,63812,66298.164.74$318,924
May 20144,67719,59494.734.73$535,664
Apr 20144,47915,33195.944.81$503,444
Mar 20146,12722,06295.895.06$699,081
Feb 20147,74623,38697.406.19$899,267
Jan 20145,95221,08890.404.86$640,564
Dec 20139,18829,96391.824.35$974,115
Nov 201311,60034,74288.853.74$1,160,535
Oct 201312,00237,98897.423.78$1,312,805
Sep 201316,01949,057104.113.72$1,850,119
Aug 201318,59364,897104.253.52$2,166,927
Jul 201321,89668,619102.523.72$2,499,886
Jun 201322,75671,95094.403.93$2,431,175
May 201310,63641,45094.834.15$1,180,591
Apr 201383183693.964.28$81,661
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  184 Mcf  × $  2.87 =       $528

────────────────────────────────────────────────────
Month total                                     $528

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. 02/G/268979 is the state's own key, not one this site invented.