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 277538District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Mar 2015 – May 2026
Value, last 12 filed months
$152 k
at the published price for each month
Months reported
135
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 Gas112016-03-24218305
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
CondensateDisposition146,469 bbl$7,085,133
GasProduction589,570 Mcf$1,690,809
Total$8,775,943

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 28.9391, -97.7472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.93913, -97.74716 · 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
13,185 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 13,185 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-25533952213,185 ftDec 2015

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 (135)

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

135 months

May 2026179929106.413.05$21,877
Apr 202636632398.932.87$37,135
Mar 2026057289.753.15$1,801
Feb 2026180063.503.75$11,430
Jan 2026039459.138.00$3,151
Dec 20253781,57456.664.41$28,364
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025023563.933.01$708
Jul 20251781,15466.743.32$15,705
Jun 20253821,96866.483.13$31,553
May 2025055860.553.23$1,804
Apr 2025011962.363.54$422
Mar 2025015767.704.27$670
Feb 20250070.884.34$0
Jan 20250374.324.28$13
Dec 2024011868.993.12$368
Nov 2024045469.052.20$998
Oct 2024011471.372.28$260
Sep 20241832,09769.612.36$17,697
Aug 20241871,37375.632.06$16,976
Jul 2024085379.932.15$1,831
Jun 202417824278.082.63$14,536
May 20241861,89378.812.20$18,820
Apr 202402,03084.451.66$3,368
Mar 20241611,15780.301.55$14,716
Feb 20243611,62176.091.78$30,360
Jan 20241811,96373.023.30$19,690
Dec 202318084671.262.61$15,035
Nov 20231811,63777.892.81$18,694
Oct 202317511085.443.09$15,292
Sep 202301,28189.042.74$3,504
Aug 20233351,66480.522.67$31,422
Jul 202301,65174.852.64$4,362
Jun 20233661,99168.962.26$29,736
May 20230070.622.23$0
Apr 2023047178.122.24$1,054
Mar 20231391,81872.852.39$14,477
Feb 202301,30975.112.47$3,228
Jan 20231731,54976.533.39$18,487
Dec 20223452,59776.415.73$41,240
Nov 202202,43385.005.65$13,737
Oct 20221862,33687.185.86$29,913
Sep 20221812,39384.888.16$34,899
Aug 20221822,37494.529.13$38,871
Jul 20223482,382101.587.54$53,315
Jun 20225462,770115.097.98$84,936
May 202202,300109.378.43$19,396
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022161081.844.54$13,176
Dec 2021358071.323.90$25,533
Nov 202116511977.435.24$13,399
Oct 202117923779.795.71$15,637
Sep 202117917469.865.35$13,436
Aug 20213534266.024.22$23,482
Jul 20211801,05670.783.98$16,945
Jun 202115994369.493.38$14,237
May 202117573063.483.02$13,312
Apr 202134969560.362.76$22,983
Mar 202116085661.302.72$12,134
Feb 202118464357.805.55$14,203
Jan 20213661,35550.412.81$22,258
Dec 20201751,49744.642.68$11,817
Nov 20203711,31538.772.71$17,943
Oct 20201861,34936.972.48$10,220
Sep 20201611,28037.091.99$8,520
Aug 20203381,39439.982.39$16,838
Jul 20201671,51838.371.83$9,178
Jun 20203631,60634.901.69$15,383
May 20201791,55716.921.81$5,854
Apr 20203571,54314.751.80$8,050
Mar 20203491,69330.341.86$13,731
Feb 20203721,71549.881.98$21,952
Jan 20205421,96457.252.09$35,144
Dec 20191801,06459.012.30$13,074
Nov 20192431,53955.302.75$17,671
Oct 20193641,80653.472.42$23,831
Sep 20193032,31555.052.66$22,832
Aug 20193996,41153.112.30$35,964
Jul 20193691,53956.272.46$24,550
Jun 201937524152.782.49$20,393
May 20194061958.482.74$23,795
Apr 201937441162.632.75$24,554
Mar 201950355656.803.06$30,273
Feb 20197171,87250.852.79$41,686
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201837869359.543.11$24,660
Aug 20185532,39959.403.07$40,205
Jul 20183634,17265.142.93$35,878
Jun 20185564,06360.183.08$45,962
May 20186214,11165.382.90$52,526
Apr 20186414,05163.842.90$52,673
Mar 20186583,63261.222.79$50,405
Feb 20186452,81561.782.77$47,635
Jan 20188142,86062.874.01$62,643
Dec 20176211,67757.272.92$40,464
Nov 20176285,63755.423.12$52,382
Oct 20175257,28249.292.98$47,604
Sep 20179325,40747.523.09$60,982
Aug 20174903,11645.373.00$31,593
Jul 20177404,32343.873.09$45,810
Jun 20177033,94142.493.09$42,037
May 20177814,29245.373.26$49,440
Apr 20178244,58347.933.21$54,213
Mar 20179225,06446.772.98$58,231
Feb 20178204,39650.452.95$54,349
Jan 20179815,53349.413.42$67,387
Dec 20161,1715,22448.763.72$76,546
Nov 20161,1155,04642.492.64$60,720
Oct 20161,3015,35246.193.09$76,632
Sep 20161,2985,15341.553.10$69,909
Aug 20161,4556,25041.442.92$78,572
Jul 20161,6257,04541.622.92$88,234
Jun 20161,7257,84045.352.69$99,286
May 20161,9599,13742.521.99$101,489
Apr 20162,28311,29236.561.99$105,949
Mar 20162,50610,45233.011.79$101,474
Feb 20162,97112,26026.472.06$103,942
Jan 20163,98315,16027.352.36$144,779
Dec 20154,49716,57932.362.00$178,704
Nov 20155,16117,54538.792.17$238,221
Oct 20156,07319,03043.552.43$310,657
Sep 20156,34122,52042.992.76$334,719
Aug 20158,32427,36240.162.87$412,889
Jul 201510,06633,26148.152.95$582,634
Jun 201511,77438,42356.152.88$771,878
May 201514,24746,90155.212.96$925,190
Apr 201520,62870,63549.822.71$1,218,866
Mar 20154,57214,18942.892.93$237,734

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.

May 2026 — as filed, then multipliedworked
Condensate           179 bbl  × $106.41 =    $19,047
Gas                  929 Mcf  × $  3.05 =     $2,830

────────────────────────────────────────────────────
Month total                                  $21,877

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/277538 is the state's own key, not one this site invented.