BURKHART, A.S. RANCH #3

Name: BURKHART, A.S. RANCH #3 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CAMERON, PAUL E., JR., INC. (P-5 127230) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19618District 03Field 50424500OilCasinghead gasSave Export

Value, all time

$362 k

Jan 1993 – Jan 1998

Value, last 12 filed months

$21 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The KURTEN (BUDA) field

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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered

1976-12-02

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SET TO 100 % ACRES.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	21,232 bbl	$357,714
Casinghead gas	Production	25,816 Mcf	$4,780
Total			$362,495

23,854 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

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 30.7482, -96.4332. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.74820, -96.43317 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,134 ft

1 wells filed one

Completion to plug

10.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

The one well that filed a depth was drilled to 8,134 ft.

Completions filed

Jun 1987

1 of 1 wells

Plug dates filed

Dec 1997

1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131398	3	8,134 ft	Jun 1987	Dec 1997	Yes

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 (61)

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

61 months


Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	125	0	17.74	2.95	$2,218
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	1	0	17.58	2.25	$18
Jun 1997	345	441	17.24	2.26	$6,943
May 1997	1	287	18.97	2.31	$682
Apr 1997	346	370	17.88	2.08	$6,957
Mar 1997	0	184	18.95	1.94	$357
Feb 1997	170	309	20.49	2.21	$4,165
Jan 1997	188	371	23.48	3.54	$5,727
Dec 1996	386	428	23.32	—	$9,002
Nov 1996	156	289	21.97	—	$3,427
Oct 1996	380	523	23.31	—	$8,858
Sep 1996	377	498	22.22	—	$8,377
Aug 1996	345	690	20.26	—	$6,990
Jul 1996	366	446	19.55	—	$7,155
Jun 1996	182	355	18.73	—	$3,409
May 1996	354	605	19.43	—	$6,878
Apr 1996	347	439	21.51	—	$7,464
Mar 1996	358	568	19.38	—	$6,938
Feb 1996	192	700	16.98	—	$3,260
Jan 1996	573	472	17.07	—	$9,781
Dec 1995	712	547	17.19	—	$12,239
Nov 1995	334	475	16.00	—	$5,344
Oct 1995	538	750	15.43	—	$8,301
Sep 1995	192	597	16.18	—	$3,107
Aug 1995	530	833	15.92	—	$8,438
Jul 1995	556	988	15.24	—	$8,473
Jun 1995	529	2,418	16.41	—	$8,681
May 1995	737	1,602	17.56	—	$12,942
Apr 1995	925	1,740	17.73	—	$16,400
Mar 1995	360	942	16.44	—	$5,918
Feb 1995	1,280	1,041	16.58	—	$21,222
Jan 1995	898	800	15.92	—	$14,296
Dec 1994	1,287	796	15.03	—	$19,344
Nov 1994	1,071	287	15.90	—	$17,029
Oct 1994	906	319	15.58	—	$14,115
Sep 1994	177	46	15.29	—	$2,706
Aug 1994	1,232	412	16.13	—	$19,872
Jul 1994	548	228	17.56	—	$9,623
Jun 1994	182	104	17.09	—	$3,110
May 1994	175	78	15.88	—	$2,779
Apr 1994	2	134	14.14	—	$28
Mar 1994	338	128	12.46	—	$4,211
Feb 1994	520	217	12.50	—	$6,500
Jan 1994	514	203	12.66	—	$6,507
Dec 1993	488	476	12.33	—	$6,017
Nov 1993	336	191	14.49	—	$4,869
Oct 1993	152	162	15.85	—	$2,409
Sep 1993	0	0	15.03	—	$0
Aug 1993	1	67	15.66	—	$16
Jul 1993	0	98	15.46	—	$0
Jun 1993	0	154	16.79	—	$0
May 1993	0	90	17.68	—	$0
Apr 1993	0	70	18.05	—	$0
Mar 1993	347	305	18.14	—	$6,295
Feb 1993	173	299	17.90	—	$3,097
Jan 1993	0	244	16.93	—	$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.

Sep 1997 — as filed, then multipliedworked

Oil                  125 bbl  × $ 17.74 =     $2,218
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $2,218

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/O/19618 is the state's own key, not one this site invented.