WEEKS

Operated by BURLESON CONTRACTING, L.L.C. (P-5 109212) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 271242District 03Field 32156852CondensateGasSaveExport
Value, all time
$2.3 M
Feb 2013 – Oct 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
105
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 145 leases and 145 wells, and the rule below applies to all of them.

Discovered
1961-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: NO GREATER THAN THE YARDSTICK OF 845 BBLS/DAY FOR 640 AC WELL.

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
CondensateDisposition24,984 bbl$2,055,310
GasProduction64,601 Mcf$256,655
Total$2,311,965

Every month this lease reported (105)

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

105 months

Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019141052.782.49$7,442
May 20191803058.482.74$10,609
Apr 201902662.632.75$72
Mar 201902556.803.06$77
Feb 201901450.852.79$39
Jan 201906246.033.23$200
Dec 2018029146.594.19$1,218
Nov 201818526952.934.24$10,932
Oct 2018028161.443.40$955
Sep 201817939559.543.11$11,885
Aug 2018053159.403.07$1,628
Jul 20181765965.142.93$11,638
Jun 2018010160.183.08$311
May 20180065.382.90$0
Apr 201818016763.842.90$11,976
Mar 201818115061.222.79$11,499
Feb 201808061.782.77$221
Jan 20181788262.874.01$11,520
Dec 201703257.272.92$93
Nov 201704255.423.12$131
Oct 20171772149.292.98$8,787
Sep 201704047.523.09$123
Aug 2017010145.373.00$303
Jul 20171794143.873.09$7,979
Jun 201706642.493.09$204
May 201708545.373.26$277
Apr 201718612447.933.21$9,313
Mar 201702246.772.98$66
Feb 201706350.452.95$186
Jan 20171873449.413.42$9,356
Dec 201603848.763.72$141
Nov 2016014042.492.64$370
Oct 2016179246.193.09$8,274
Sep 201606341.553.10$195
Aug 2016037141.442.92$1,085
Jul 201618732941.622.92$8,745
Jun 2016026745.352.69$717
May 2016064542.521.99$1,284
Apr 201618029436.561.99$7,166
Mar 2016053633.011.79$962
Feb 20161839126.472.06$5,032
Jan 2016065227.352.36$1,542
Dec 2015186132.362.00$6,021
Nov 201517612938.792.17$7,107
Oct 201503243.552.43$78
Sep 201518311642.992.76$8,187
Aug 201517317440.162.87$7,447
Jul 201517614848.152.95$8,910
Jun 201517725656.152.88$10,677
May 201517523755.212.96$10,362
Apr 20151792949.822.71$8,996
Mar 2015355642.892.93$15,244
Feb 201535920944.662.98$16,655
Jan 201553631843.433.10$24,264
Dec 201452936154.693.59$30,227
Nov 20145311,18370.464.25$42,444
Oct 20147301,15378.303.90$61,657
Sep 20149132,45086.164.05$88,575
Aug 201418014289.394.04$16,663
Jul 201434875896.564.18$36,771
Jun 20148992,24298.164.74$98,866
May 20141,2794,27994.734.73$141,385
Apr 20141,5794,17795.944.81$171,577
Mar 20141,7604,69795.895.06$192,518
Feb 201407097.406.19$433
Jan 201407190.404.86$345
Dec 201353617691.824.35$49,982
Nov 201351525788.853.74$46,718
Oct 20131847397.423.78$18,201
Sep 201300104.113.72$0
Aug 2013358368104.253.52$38,618
Jul 20131,0441,485102.523.72$112,552
Jun 20137022,34694.403.93$75,497
May 20131,2324,24294.834.15$134,431
Apr 20131,1296,33593.964.28$133,211
Mar 20132,4648,25293.623.91$262,969
Feb 20132,53911,16791.233.42$269,823

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.

Jun 2019 — as filed, then multipliedworked
Condensate           141 bbl  × $ 52.78 =     $7,442
Gas                    0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $7,442

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. 03/G/271242 is the state's own key, not one this site invented.