BAKER FAMILY TRUST

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

Gas lease lease 288785District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.5 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
78
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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
NGPA1none
ST-1112021-05-24228877

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
CondensateDisposition196,917 bbl$11,024,833
GasProduction2,549,103 Mcf$9,435,508
Total$20,460,341

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 28.6876, -98.0524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.68756, -98.05243 · 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
12,137 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 12,137 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-2973602270112,137 ftMar 2020

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 (78)

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

78 months

May 202600106.413.05$0
Apr 20262605,25698.932.87$40,805
Mar 202663313,06089.753.15$97,943
Feb 20261,21525,72863.503.75$173,641
Jan 20263607,70059.138.00$82,871
Dec 20252376,60856.664.41$42,592
Nov 202559017,78258.593.93$104,388
Oct 20251,24429,79059.383.30$172,320
Sep 20250062.743.08$0
Aug 202579815,92863.933.01$99,035
Jul 20251,05522,19666.743.32$143,995
Jun 20251,16424,57966.483.13$154,284
May 202596620,70860.553.23$125,426
Apr 20251,03916,46262.363.54$123,119
Mar 20257336,04467.704.27$75,422
Feb 202538511,13170.884.34$75,607
Jan 202579120,97774.324.28$148,541
Dec 202459718,21968.993.12$98,055
Nov 202453814,58269.052.20$69,207
Oct 20246418,01271.372.28$64,027
Sep 20241,28914,92669.612.36$125,018
Aug 202475113,50875.632.06$84,674
Jul 20241,26822,78079.932.15$150,251
Jun 20241,55226,67878.082.63$191,449
May 20241,42325,35778.812.20$167,892
Apr 20241,61728,97484.451.66$184,629
Mar 20241,46425,62180.301.55$157,147
Feb 20241,44122,88476.091.78$150,463
Jan 20243002,77673.023.30$31,060
Dec 20231,07130,80371.262.61$156,737
Nov 20231,36034,37577.892.81$202,440
Oct 20231,50630,79785.443.09$223,752
Sep 202398916,92989.042.74$134,362
Aug 20232224,45980.522.67$29,794
Jul 202384219,83674.852.64$115,426
Jun 20233615968.962.26$2,842
May 202349411,55070.622.23$60,613
Apr 20231,16924,45878.122.24$146,053
Mar 202352814,88772.852.39$74,092
Feb 20231,31134,15075.112.47$182,672
Jan 202375925,26976.533.39$143,691
Dec 202268825,15976.415.73$196,708
Nov 20221,43336,50685.005.65$327,925
Oct 20221,13536,95187.185.86$315,621
Sep 202288736,81084.888.16$375,794
Aug 20221,29145,89194.529.13$540,880
Jul 20221,59946,342101.587.54$511,941
Jun 20221,58736,209115.097.98$471,494
May 20221,78239,921109.378.43$531,553
Apr 20222,26547,942104.226.84$563,867
Mar 20221,86840,254108.885.08$407,733
Feb 20222,04338,48491.054.86$373,003
Jan 20222,80144,58081.844.54$431,524
Dec 20212,67037,86571.323.90$338,065
Nov 20212,04329,20577.435.24$311,132
Oct 20213,08542,89279.795.71$491,231
Sep 20213,53037,54969.865.35$447,528
Aug 20214,47550,74366.024.22$509,605
Jul 20214,48960,57270.783.98$558,934
Jun 20215,22965,46469.493.38$584,672
May 20216,06477,25363.483.02$618,067
Apr 20216,96088,49960.362.76$664,223
Mar 20218,481100,04161.302.72$791,691
Feb 20216,57569,27757.805.55$764,380
Jan 20218,74891,30850.412.81$697,587
Dec 202010,49295,18644.642.68$723,029
Nov 202011,21197,64038.772.71$698,920
Oct 202011,40490,85936.972.48$646,794
Sep 202010,75379,33037.091.99$556,778
Aug 202011,14374,10939.982.39$622,255
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20208,44254,57316.921.81$241,875
Apr 202012,20684,16014.751.80$331,895
Mar 20204,90031,59130.341.86$207,306
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$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           260 bbl  × $ 98.93 =    $25,722
Gas                5,256 Mcf  × $  2.87 =    $15,083

────────────────────────────────────────────────────
Month total                                  $40,805

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/288785 is the state's own key, not one this site invented.