VEIT-PILGRIM A USW A

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 12709District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.4 M
Oct 2023 – May 2026
Value, last 12 filed months
$2.9 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
OilDisposition277,987 bbl$20,876,752
Casinghead gasProduction535,482 Mcf$1,482,737
Total$22,359,488

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 20262,9126,168106.413.05$328,653
Apr 20262,7035,50098.932.87$283,191
Mar 20263,0706,40489.753.15$295,702
Feb 20262,7874,91163.503.75$195,392
Jan 20262,9946,18759.138.00$226,518
Dec 20253,1157,10856.664.41$207,866
Nov 20252,8786,33958.593.93$193,512
Oct 20253,2007,23459.383.30$213,923
Sep 20251,9943,56662.743.08$136,076
Aug 20253,0946,68263.933.01$217,944
Jul 20254,0628,58566.743.32$299,559
Jun 20254,2748,86666.483.13$311,875
May 20252,8085,41360.553.23$187,521
Apr 20254,2348,65562.363.54$294,698
Mar 20254,81310,47267.704.27$370,538
Feb 20254,0088,80470.884.34$322,304
Jan 20255,26611,11074.324.28$438,905
Dec 20245,79812,27368.993.12$438,313
Nov 20245,57712,17569.052.20$411,858
Oct 20246,36013,57771.372.28$484,888
Sep 20246,56813,58169.612.36$489,309
Aug 20248,38917,61775.632.06$670,815
Jul 20246,00112,46779.932.15$506,421
Jun 20248,37017,89278.082.63$700,657
May 20249,85122,04678.812.20$824,824
Apr 202412,02725,99584.451.66$1,058,811
Mar 202413,59232,04780.301.55$1,140,954
Feb 202416,27835,65076.091.78$1,302,180
Jan 202418,79039,33173.023.30$1,501,746
Dec 202332,61653,26871.262.61$2,463,284
Nov 202353,49884,95577.892.81$4,405,475
Oct 202316,06020,60485.443.09$1,435,777

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                2,912 bbl  × $106.41 =   $309,866
Casinghead gas     6,168 Mcf  × $  3.05 =    $18,787

────────────────────────────────────────────────────
Month total                                 $328,653

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/12709 is the state's own key, not one this site invented.