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 277547District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.1 M
Mar 2015 – May 2026
Value, last 12 filed months
$32 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 Gas112016-03-24218302
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
CondensateDisposition153,336 bbl$7,357,523
GasProduction607,048 Mcf$1,748,385
Total$9,105,907

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 28.9392, -97.7494. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.93920, -97.74943 · 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
13,174 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 13,174 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-25533954413,174 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 202600106.413.05$0
Apr 2026026598.932.87$760
Mar 2026033489.753.15$1,052
Feb 202602,33463.503.75$8,753
Jan 2026049559.138.00$3,959
Dec 2025077756.664.41$3,429
Nov 2025039558.593.93$1,551
Oct 202504859.383.30$159
Sep 2025038162.743.08$1,172
Aug 2025042563.933.01$1,281
Jul 202511146166.743.32$8,936
Jun 2025027266.483.13$851
May 2025029760.553.23$960
Apr 2025025362.363.54$896
Mar 2025025367.704.27$1,080
Feb 2025022770.884.34$985
Jan 2025030374.324.28$1,296
Dec 2024018268.993.12$568
Nov 2024017069.052.20$374
Oct 202407471.372.28$169
Sep 202435871369.612.36$26,606
Aug 202401,05575.632.06$2,177
Jul 202418334379.932.15$15,363
Jun 20241781,65178.082.63$18,247
May 20241881,29578.812.20$17,663
Apr 20241851,31684.451.66$17,807
Mar 20241781,20280.301.55$16,151
Feb 20241811,24176.091.78$15,986
Jan 20241931,06973.023.30$17,618
Dec 202318993571.262.61$15,909
Nov 202335498677.892.81$30,341
Oct 20231791,55685.443.09$20,098
Sep 202301,66289.042.74$4,546
Aug 202318779080.522.67$17,169
Jul 20231852,64574.852.64$20,835
Jun 20233721,81968.962.26$29,761
May 20231851,70270.622.23$16,856
Apr 20231741,48278.122.24$16,909
Mar 20235088972.852.39$5,770
Feb 202301,45075.112.47$3,575
Jan 20233661,89876.533.39$34,440
Dec 20221711,46976.415.73$21,482
Nov 2022035885.005.65$2,021
Oct 202201,07087.185.86$6,274
Sep 20221721,72184.888.16$28,649
Aug 20221821,81794.529.13$33,787
Jul 20221802,196101.587.54$34,847
Jun 20223393,732115.097.98$68,786
May 202202,523109.378.43$21,277
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022344081.844.54$28,153
Dec 20211862,43171.323.90$22,744
Nov 2021086777.435.24$4,540
Oct 202132667179.795.71$29,846
Sep 202118070369.865.35$16,337
Aug 202137287366.024.22$28,244
Jul 20211812,05370.783.98$20,986
Jun 20213282,30269.493.38$30,575
May 20213482,59063.483.02$29,907
Apr 20213352,11160.362.76$26,044
Mar 20213632,02461.302.72$27,751
Feb 20211711,24757.805.55$16,802
Jan 20211821,79650.412.81$14,222
Dec 20203541,80144.642.68$20,621
Nov 20203381,71138.772.71$17,735
Oct 20203531,69036.972.48$17,239
Sep 20203581,67237.091.99$16,607
Aug 20201751,69539.982.39$11,039
Jul 20203671,99938.371.83$17,730
Jun 20203652,13334.901.69$16,344
May 20201852,12016.921.81$6,977
Apr 20203571,98314.751.80$8,844
Mar 20203582,06730.341.86$14,699
Feb 20203492,02849.881.98$21,425
Jan 20205301,98557.252.09$34,501
Dec 20193651,70959.012.30$25,477
Nov 20192502,00655.302.75$19,343
Oct 20194172,17653.472.42$27,560
Sep 20194182,24055.052.66$28,963
Aug 20194362,25853.112.30$28,359
Jul 20194292,24556.272.46$29,663
Jun 20194492,18352.782.49$29,137
May 20194782,35558.482.74$34,407
Apr 20194912,32662.632.75$37,149
Mar 20195381,66356.803.06$35,651
Feb 201957945750.852.79$30,718
Jan 20195685546.033.23$26,323
Dec 201854569446.594.19$28,296
Nov 20185351,28052.934.24$33,741
Oct 20185561,86061.443.40$40,481
Sep 20185631,14659.543.11$37,083
Aug 20185511,89359.403.07$38,534
Jul 20183733,73265.142.93$35,239
Jun 20185523,44360.183.08$43,813
May 20186403,53665.382.90$52,100
Apr 20185213,25663.842.90$42,706
Mar 20186493,08561.222.79$48,329
Feb 20185832,00561.782.77$41,564
Jan 20187421,39362.874.01$52,235
Dec 20175321,62657.272.92$35,218
Nov 20176273,24755.423.12$44,874
Oct 20177253,73749.292.98$46,885
Sep 20176974,35347.523.09$46,560
Aug 20176063,94645.373.00$39,350
Jul 20176114,18543.873.09$39,725
Jun 20178634,61342.493.09$50,910
May 20179664,98545.373.26$60,095
Apr 20171,0225,13047.933.21$65,460
Mar 20171,0104,96546.772.98$62,052
Feb 20179254,77550.452.95$60,765
Jan 20171,1905,45849.413.42$77,458
Dec 20161,2635,41148.763.72$81,728
Nov 20161,1236,02542.492.64$63,648
Oct 20161,4707,47846.193.09$91,008
Sep 20161,4876,66841.553.10$82,460
Aug 20161,6186,70441.442.92$86,655
Jul 20161,4588,52841.622.92$85,621
Jun 20161,6856,51945.352.69$93,924
May 20161,9587,78742.521.99$98,758
Apr 20162,2999,35236.561.99$102,672
Mar 20162,68611,44633.011.79$109,199
Feb 20163,39112,96226.472.06$116,509
Jan 20164,42815,37327.352.36$157,453
Dec 20153,81812,85532.362.00$149,279
Nov 20154,42114,04938.792.17$201,939
Oct 20155,71419,03043.552.43$295,023
Sep 20157,18221,82642.992.76$368,959
Aug 20158,57528,87040.162.87$427,301
Jul 201511,77638,36848.152.95$680,011
Jun 201512,25841,46756.152.88$807,830
May 201513,57543,65655.212.96$878,499
Apr 201520,13768,58149.822.71$1,188,845
Mar 20156,56720,99442.892.93$343,270

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                  265 Mcf  × $  2.87 =       $760

────────────────────────────────────────────────────
Month total                                     $760

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/277547 is the state's own key, not one this site invented.