VEIT-PILGRIM A USW C

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12705District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.1 M
Oct 2023 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
32
no gaps in the span
Streams
2
oil, casinghead 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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition275,550 bbl$20,571,577
Casinghead gasProduction556,942 Mcf$1,523,652
Total$22,095,229

Every month this lease reported (32)

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

32 months

May 20263,1537,218106.413.05$357,496
Apr 20261,2882,21898.932.87$133,787
Mar 20261,3683,21089.753.15$132,888
Feb 20262,5185,28163.503.75$179,698
Jan 20262,7655,97259.138.00$211,258
Dec 20253,3536,94356.664.41$220,623
Nov 20252,6965,43158.593.93$179,283
Oct 20251,4352,95459.383.30$94,973
Sep 20253,2147,51562.743.08$224,769
Aug 20253,5378,14063.933.01$250,661
Jul 20253,7258,73366.743.32$277,558
Jun 20253,7418,82966.483.13$276,325
May 20254,04910,06460.553.23$277,697
Apr 20254,28310,55562.363.54$304,486
Mar 20254,78110,72667.704.27$369,456
Feb 20254,0609,32270.884.34$328,238
Jan 20255,26912,71774.324.28$446,004
Dec 20245,66112,65668.993.12$430,056
Nov 20245,42512,56969.052.20$402,228
Oct 20246,43215,13571.372.28$493,581
Sep 20246,60714,61069.612.36$494,457
Aug 20248,52019,07375.632.06$683,727
Jul 20246,13113,65479.932.15$519,360
Jun 20249,11320,40878.082.63$765,297
May 202410,96725,55678.812.20$920,493
Apr 202412,89231,56284.451.66$1,141,097
Mar 202416,08635,84980.301.55$1,347,097
Feb 202418,72739,33376.091.78$1,495,093
Jan 202421,34243,21173.023.30$1,700,888
Dec 202338,87165,17071.262.61$2,940,088
Nov 202341,54766,01977.892.81$3,421,448
Oct 202311,99416,30985.443.09$1,075,118

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                3,153 bbl  × $106.41 =   $335,511
Casinghead gas     7,218 Mcf  × $  3.05 =    $21,985

────────────────────────────────────────────────────
Month total                                 $357,496

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/12705 is the state's own key, not one this site invented.