VEIT-PILGRIM A USW D

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 12706District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$29.5 M
Oct 2023 – May 2026
Value, last 12 filed months
$4.3 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
OilDisposition366,494 bbl$27,303,069
Casinghead gasProduction789,368 Mcf$2,197,591
Total$29,500,659

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 20263,6709,664106.413.05$419,960
Apr 20263,4189,43598.932.87$365,219
Mar 20263,88910,51489.753.15$382,151
Feb 20263,3739,99663.503.75$251,674
Jan 20263,97810,88759.138.00$322,293
Dec 20255,00612,10856.664.41$337,077
Nov 20255,09910,71758.593.93$340,830
Oct 20255,47211,63459.383.30$363,376
Sep 20254,77511,72062.743.08$335,645
Aug 20255,44113,50463.933.01$388,554
Jul 20255,69413,01466.743.32$423,162
Jun 20255,66613,42066.483.13$418,663
May 20255,70014,76560.553.23$392,860
Apr 20256,49515,80662.363.54$461,031
Mar 20256,41813,95767.704.27$494,072
Feb 20255,47413,08570.884.34$444,797
Jan 20256,93516,95374.324.28$587,946
Dec 20247,97019,44368.993.12$610,539
Nov 20247,30816,28569.052.20$540,419
Oct 20249,31023,26271.372.28$717,525
Sep 202410,42126,25469.612.36$787,480
Aug 202410,31322,90075.632.06$827,229
Jul 20248,99622,76379.932.15$767,913
Jun 202413,27735,15178.082.63$1,129,255
May 202416,31544,59178.812.20$1,383,816
Apr 202417,99846,06284.451.66$1,596,357
Mar 202419,23741,24180.301.55$1,608,454
Feb 202420,21140,90976.091.78$1,610,822
Jan 202422,25642,76273.023.30$1,766,148
Dec 202344,42778,51371.262.61$3,370,843
Nov 202357,01396,67377.892.81$4,712,158
Oct 202314,93921,38085.443.09$1,342,394

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                3,670 bbl  × $106.41 =   $390,525
Casinghead gas     9,664 Mcf  × $  3.05 =    $29,435

────────────────────────────────────────────────────
Month total                                 $419,960

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/12706 is the state's own key, not one this site invented.