WEBB

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26540District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$1.8 M
Jul 2013 – Feb 2022
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
104
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 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

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
OilDisposition21,034 bbl$1,522,724
Casinghead gasProduction70,997 Mcf$261,487
Total$1,784,211

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 30.9606, -95.7794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.96055, -95.77937 · centre of the wells drawn, derived

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
10,045 ft
1 wells filed one
Completion to plug
8.0 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 10,045 ft.

Completions filed
Jul 2013
1 of 1 wells
Plug dates filed
Jul 2021
1 of 1 wells

Last completion to plug: a median of 8.0 years across the 1 well that filed both dates, with the middle half between 8.0 years and 8.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31330981110,045 ftJul 2013Jul 2021Yes

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 (104)

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

104 months

Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021121066.024.22$7,988
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 20210450.412.81$11
Dec 20200344.642.68$8
Nov 20200338.772.71$8
Oct 20200436.972.48$10
Sep 20200437.091.99$8
Aug 20200239.982.39$5
Jul 20200238.371.83$4
Jun 20200734.901.69$12
May 202001016.921.81$18
Apr 20200414.751.80$7
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200857.252.09$17
Dec 2019010359.012.30$237
Nov 201906355.302.75$173
Oct 201904653.472.42$111
Sep 201904855.052.66$128
Aug 201902853.112.30$65
Jul 20190056.272.46$0
Jun 201907552.782.49$187
May 201906258.482.74$170
Apr 2019012362.632.75$338
Mar 2019010456.803.06$318
Feb 201906450.852.79$179
Jan 2019013646.033.23$439
Dec 2018010946.594.19$456
Nov 2018014652.934.24$619
Oct 2018012761.443.40$432
Sep 201803559.543.11$109
Aug 201802859.403.07$86
Jul 2018022065.142.93$645
Jun 201819041060.183.08$12,696
May 201835042865.382.90$24,125
Apr 201853382963.842.90$36,431
Mar 20181,5581,16061.222.79$98,613
Feb 201836750361.782.77$24,065
Jan 2018081162.874.01$3,252
Dec 2017025557.272.92$745
Nov 2017031855.423.12$992
Oct 201717129149.292.98$9,297
Sep 2017020147.523.09$621
Aug 2017032445.373.00$973
Jul 201736567543.873.09$18,096
Jun 201701242.493.09$37
May 201706045.373.26$196
Apr 201709647.933.21$308
Mar 2017015846.772.98$471
Feb 201703050.452.95$89
Jan 2017036049.413.42$1,231
Dec 201608148.763.72$302
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201615925936.561.99$6,329
Mar 2016026233.011.79$470
Feb 2016029726.472.06$613
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201518666338.792.17$8,652
Oct 20150043.552.43$0
Sep 2015051342.992.76$1,415
Aug 201501,10840.162.87$3,183
Jul 20151791,13548.152.95$11,962
Jun 201501,26156.152.88$3,635
May 20155352,25955.212.96$36,214
Apr 20151,0303,09349.822.71$59,686
Mar 20151,5494,31542.892.93$79,100
Feb 20157132,99044.662.98$40,741
Jan 20157172,63743.433.10$39,316
Dec 20141,0512,20654.693.59$65,402
Nov 20145251,76170.464.25$44,479
Oct 20141,0702,64778.303.90$94,107
Sep 20141,3812,94286.164.05$130,889
Aug 20141,2384,05189.394.04$127,011
Jul 20141,2304,03196.564.18$135,617
Jun 20147142,58398.164.74$82,322
May 20141,20797394.734.73$118,938
Apr 2014060595.944.81$2,910
Mar 201417786895.895.06$21,362
Feb 201402,51997.406.19$15,598
Jan 201412,20290.404.86$10,794
Dec 201311,87391.824.35$8,248
Nov 20132,8357,44788.853.74$279,729
Oct 201312,06497.423.78$7,898
Sep 201300104.113.72$0
Aug 2013880589104.253.52$93,815
Jul 201302,274102.523.72$8,454

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.

Aug 2021 — as filed, then multipliedworked
Oil                  121 bbl  × $ 66.02 =     $7,988
Casinghead gas         0 Mcf  × $  4.22 =         $0

────────────────────────────────────────────────────
Month total                                   $7,988

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/26540 is the state's own key, not one this site invented.