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 277728District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.7 M
Jan 2015 – May 2026
Value, last 12 filed months
$337 k
at the published price for each month
Months reported
137
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 Gas112016-03-24218301
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
CondensateDisposition198,063 bbl$9,614,104
GasProduction1,045,607 Mcf$3,103,315
Total$12,717,419

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 28.9395, -97.7507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.93954, -97.75068 · 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
13,239 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 13,239 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-25533947513,239 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 (137)

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

137 months

May 20261791,400106.413.05$23,312
Apr 20263671,98598.932.87$42,004
Mar 20263732,10089.753.15$40,091
Feb 202601,52163.503.75$5,704
Jan 20263752,46559.138.00$41,889
Dec 20253702,17556.664.41$30,563
Nov 20253681,64258.593.93$28,008
Oct 202501,34859.383.30$4,455
Sep 20253801,84162.743.08$29,506
Aug 20253721,68163.933.01$28,850
Jul 20251832,12366.743.32$19,252
Jun 20255581,89466.483.13$43,022
May 20251872,00460.553.23$17,800
Apr 20251841,69262.363.54$17,469
Mar 20255152,06367.704.27$43,671
Feb 20251802,08070.884.34$21,787
Jan 20253632,08274.324.28$35,886
Dec 20241801,17568.993.12$16,086
Nov 20243581,95969.052.20$29,027
Oct 2024056971.372.28$1,298
Sep 20243573,36369.612.36$32,802
Aug 20243653,06175.632.06$33,922
Jul 20241861,43379.932.15$17,943
Jun 20245435,04078.082.63$55,673
May 20241842,03478.812.20$18,973
Apr 2024025484.451.66$421
Mar 2024041380.301.55$638
Feb 202401,11476.091.78$1,987
Jan 202418174773.023.30$15,680
Dec 20233702,53371.262.61$32,979
Nov 20233722,93277.892.81$37,207
Oct 20233583,10285.443.09$40,164
Sep 20231873,04889.042.74$24,987
Aug 20233381,87380.522.67$32,222
Jul 20233593,88374.852.64$37,129
Jun 20235604,31668.962.26$48,365
May 20233675,31670.622.23$37,758
Apr 2023090778.122.24$2,030
Mar 20233352,97272.852.39$31,517
Feb 20231902,12275.112.47$19,503
Jan 20233723,62976.533.39$40,763
Dec 20223563,91976.415.73$49,654
Nov 20221792,23185.005.65$27,812
Oct 20223553,72287.185.86$52,774
Sep 20223623,99184.888.16$63,308
Aug 20223544,62794.529.13$75,691
Jul 20223605,307101.587.54$76,595
Jun 20227176,701115.097.98$135,975
May 20221794,163109.378.43$54,684
Apr 2022050104.226.84$342
Mar 20220206108.885.08$1,046
Feb 2022056191.054.86$2,726
Jan 20225492,81581.844.54$57,704
Dec 20213493,98471.323.90$40,425
Nov 20214903,00977.435.24$53,698
Oct 20213594,24579.795.71$52,900
Sep 20213352,98569.865.35$39,376
Aug 20213614,03366.024.22$40,855
Jul 20217254,60470.783.98$69,649
Jun 20211784,70369.493.38$28,268
May 20215374,05163.483.02$46,313
Apr 20216994,31260.362.76$54,086
Mar 20213424,27361.302.72$32,574
Feb 20215783,59457.805.55$53,348
Jan 20211733,29150.412.81$17,970
Dec 20205454,04544.642.68$35,151
Nov 20207153,94038.772.71$38,384
Oct 20205463,91836.972.48$29,896
Sep 20203733,77037.091.99$21,341
Aug 20207013,88039.982.39$37,280
Jul 20205484,11438.371.83$28,535
Jun 20203523,83234.901.69$18,762
May 20207244,22316.921.81$19,914
Apr 20205414,48814.751.80$16,078
Mar 20205454,35930.341.86$24,627
Feb 20205414,30549.881.98$35,512
Jan 20205422,05957.252.09$35,343
Dec 20193694,05259.012.30$31,112
Nov 20196633,48355.302.75$46,245
Oct 20197174,65853.472.42$49,604
Sep 20196934,60755.052.66$50,392
Aug 20196254,91253.112.30$44,513
Jul 20197325,07256.272.46$53,667
Jun 20196944,99152.782.49$49,063
May 20197555,55158.482.74$59,364
Apr 20197745,88362.632.75$64,658
Mar 20198236,47256.803.06$66,564
Feb 20198946,42750.852.79$63,406
Jan 20197415,79446.033.23$52,812
Dec 20189447,26746.594.19$74,397
Nov 20187194,44752.934.24$56,900
Oct 20189415,72261.443.40$77,259
Sep 20181,0635,88559.543.11$81,582
Aug 20185554,27959.403.07$46,089
Jul 20185583,55165.142.93$46,759
Jun 20187514,37160.183.08$58,644
May 20189305,99265.382.90$78,185
Apr 20181,0555,98863.842.90$84,721
Mar 20181,1306,40361.222.79$87,023
Feb 20181,0866,07561.782.77$83,897
Jan 20181,1986,59862.874.01$101,772
Dec 20171,2816,86257.272.92$93,410
Nov 20171,2857,07555.423.12$93,277
Oct 20171,2137,09249.292.98$80,949
Sep 20171,4288,36047.523.09$93,668
Aug 20171,1666,81645.373.00$73,379
Jul 20171,2137,14543.873.09$75,273
Jun 20171,4778,24242.493.09$88,203
May 20171,6438,96445.373.26$103,796
Apr 20171,6148,62347.933.21$105,053
Mar 20171,7139,31046.772.98$107,895
Feb 20171,6368,99450.452.95$109,092
Jan 20171,87110,49349.413.42$128,320
Dec 20162,01511,28948.763.72$140,278
Nov 20162,06511,98942.492.64$119,445
Oct 20162,25413,47646.193.09$145,757
Sep 20162,46314,27541.553.10$146,599
Aug 20162,62512,39141.442.92$145,016
Jul 20162,66913,55741.622.92$150,729
Jun 20162,90014,12345.352.69$169,447
May 20163,55317,38942.521.99$185,696
Apr 20163,89418,93936.561.99$180,073
Mar 20164,57122,34333.011.79$190,972
Feb 20165,10124,95126.472.06$186,513
Jan 20166,51431,26527.352.36$252,080
Dec 20155,34122,10232.362.00$217,070
Nov 20156,14725,89738.792.17$294,569
Oct 20157,05730,43443.552.43$381,183
Sep 20158,14433,35642.992.76$442,120
Aug 20159,20841,37140.162.87$488,631
Jul 201511,22748,64248.152.95$683,835
Jun 201512,14151,24756.152.88$829,455
May 201512,54250,78955.212.96$842,548
Apr 201516,50867,54849.822.71$1,005,252
Mar 20155,84819,57742.892.93$308,274
Feb 20150044.662.98$0
Jan 20150043.433.10$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.

May 2026 — as filed, then multipliedworked
Condensate           179 bbl  × $106.41 =    $19,047
Gas                1,400 Mcf  × $  3.05 =     $4,264

────────────────────────────────────────────────────
Month total                                  $23,312

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/277728 is the state's own key, not one this site invented.