METZ RANCH UNIT A

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.

Oil lease lease 11480District 02Field 86950300OilCasinghead gasSave
Value, all time
$177.4 M
Nov 2017 – May 2026
Value, last 12 filed months
$3.5 M
at the published price for each month
Months reported
103
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,671,913 bbl$152,081,534
Casinghead gasProduction8,166,168 Mcf$25,297,771
Total$177,379,305

Wells on this lease (6)

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 29.0500, -97.7434. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.7 miles.

29.05772, -97.74311 · 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
16.7%
1 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
11,226 ft
6 wells filed one
Completion to plug
6.6 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
116.7%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
583.3%

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

Between 4,982 and 11,359 ft, median 11,226 ft, over the 6 wells that filed a depth.

Completions filed
Feb 2018 – Aug 2019
6 of 6 wells
Plug dates filed
Mar 2025
1 of 6 wells; 5 filed none

Last completion to plug: a median of 6.6 years across the 1 well that filed both dates, with the middle half between 6.6 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-2553589670411,249 ftAug 2019
42-2553589570311,202 ftAug 2019
42-2553589470211,136 ftAug 2019
42-2553611170611,318 ftAug 2019
42-255358977054,982 ftAug 2018Mar 2025Yes
42-2553551870111,359 ftFeb 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 (103)

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

103 months

May 20263,34913,629106.413.05$397,879
Apr 20263,17312,97198.932.87$351,128
Mar 20262,22513,82889.753.15$243,244
Feb 20262,72019,55663.503.75$246,061
Jan 20263,49016,69059.138.00$339,849
Dec 20251,82619,28956.664.41$188,590
Nov 20252,90013,80158.593.93$224,100
Oct 20253,34313,66859.383.30$243,678
Sep 20252,5258,35762.743.08$184,132
Aug 20253,00915,77263.933.01$239,914
Jul 20255,19125,37266.743.32$430,561
Jun 20255,17826,90966.483.13$428,424
May 20257,74633,82860.553.23$578,363
Apr 20259,09634,17362.363.54$688,306
Mar 20256,21628,19967.704.27$541,186
Feb 20254,15321,58770.884.34$388,070
Jan 20257,93645,14174.324.28$782,947
Dec 20248,17842,47568.993.12$696,780
Nov 20248,60444,31869.052.20$691,537
Oct 20249,95047,39671.372.28$818,261
Sep 20249,45145,74969.612.36$766,051
Aug 202410,59852,74175.632.06$910,365
Jul 202410,22051,08179.932.15$926,535
Jun 202410,62449,55678.082.63$960,051
May 20249,27743,51178.812.20$826,777
Apr 20249,43145,56684.451.66$872,051
Mar 20249,08646,64080.301.55$801,671
Feb 202410,37052,57976.091.78$882,835
Jan 202410,36549,86373.023.30$921,284
Dec 202311,09357,98771.262.61$941,875
Nov 202314,15651,56777.892.81$1,247,388
Oct 202311,10342,94885.443.09$1,081,233
Sep 20238,79141,15889.042.74$895,319
Aug 202310,91249,04080.522.67$1,009,712
Jul 202310,04743,08074.852.64$865,827
Jun 20239,90549,62168.962.26$795,117
May 202310,24246,47970.622.23$826,817
Apr 20239,62545,69578.122.24$854,159
Mar 20239,29645,16572.852.39$785,301
Feb 20237,69636,45275.112.47$667,926
Jan 202310,25646,81076.533.39$943,471
Dec 20224,58429,42076.415.73$518,813
Nov 20229,08341,49485.005.65$1,006,338
Oct 202210,06250,12387.185.86$1,171,114
Sep 20229,71052,01484.888.16$1,248,810
Aug 202211,71759,32694.529.13$1,648,969
Jul 202213,87664,103101.587.54$1,892,994
Jun 202215,72871,867115.097.98$2,383,433
May 202213,65261,970109.378.43$2,015,715
Apr 20228,91351,308104.226.84$1,279,736
Mar 202210,74761,144108.885.08$1,480,525
Feb 20228,83557,92191.054.86$1,085,856
Jan 202213,89275,82581.844.54$1,480,991
Dec 202115,396108,89671.323.90$1,522,641
Nov 202116,837123,04377.435.24$1,948,047
Oct 202118,046128,21679.795.71$2,172,500
Sep 202119,751132,90269.865.35$2,090,953
Aug 202119,209129,43466.024.22$1,814,466
Jul 202122,901138,86670.783.98$2,173,908
Jun 202121,237119,76669.493.38$1,880,642
May 202126,573140,48063.483.02$2,110,776
Apr 202122,834127,08560.362.76$1,728,814
Mar 202127,325143,12761.302.72$2,063,890
Feb 202118,995107,04757.805.55$1,691,802
Jan 202127,382150,82150.412.81$1,804,174
Dec 202028,785159,38044.642.68$1,711,377
Nov 202031,482160,47438.772.71$1,654,891
Oct 202035,125169,58536.972.48$1,718,876
Sep 202036,752169,31237.091.99$1,700,239
Aug 202039,375171,26739.982.39$1,982,701
Jul 202043,291162,73938.371.83$1,958,094
Jun 202040,280138,42134.901.69$1,639,746
May 202046,471181,21316.921.81$1,115,146
Apr 202062,500239,22314.751.80$1,353,524
Mar 202071,281237,03830.341.86$2,602,663
Feb 202079,263227,39749.881.98$4,404,037
Jan 202088,850216,38357.252.09$5,539,929
Dec 201986,373182,82459.012.30$5,518,163
Nov 2019109,509220,26555.302.75$6,661,731
Oct 2019131,302247,13253.472.42$7,618,417
Sep 2019155,929280,04655.052.66$9,328,052
Aug 2019113,135191,07053.112.30$6,448,894
Jul 2019210,073325,29256.272.46$12,621,046
Jun 2019210,922333,54552.782.49$11,963,390
May 201961,77790,38858.482.74$3,860,411
Apr 20195,1448,11862.632.75$344,499
Mar 20198,85312,74456.803.06$541,874
Feb 201914,01119,16450.852.79$765,969
Jan 201917,45523,38546.033.23$878,945
Dec 201814,84120,02246.594.19$775,243
Nov 201811,82417,08052.934.24$698,216
Oct 20185,4966,87361.443.40$361,029
Sep 201813,21715,73959.543.11$835,857
Aug 201812,24213,93659.403.07$769,910
Jul 201813,26814,07465.142.93$905,541
Jun 201837,35440,18660.183.08$2,371,613
May 201845,74850,72665.382.90$3,138,150
Apr 201844,32149,76463.842.90$2,973,808
Mar 201831,81837,69561.222.79$2,052,948
Feb 201813,20917,22361.782.77$863,693
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$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
Oil                3,349 bbl  × $106.41 =   $356,367
Casinghead gas    13,629 Mcf  × $  3.05 =    $41,512

────────────────────────────────────────────────────
Month total                                 $397,879

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/O/11480 is the state's own key, not one this site invented.