BURNS

Operated by E2 OPERATING LLC (P-5 238475) 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 27322District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$1.7 M
Oct 2017 – May 2026
Value, last 12 filed months
$33 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
OilDisposition26,381 bbl$1,592,614
Casinghead gasProduction35,611 Mcf$106,678
Total$1,699,292

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 31.0416, -95.7663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.04156, -95.76631 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,100 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 11,100 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-31331330111,100 ftOct 2017

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

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202680089.753.15$7,180
Feb 20260063.503.75$0
Jan 202679059.138.00$4,671
Dec 20250056.664.41$0
Nov 202579058.593.93$4,629
Oct 20250059.383.30$0
Sep 2025106062.743.08$6,650
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025151066.483.13$10,038
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202591067.704.27$6,161
Feb 20250070.884.34$0
Jan 202582074.324.28$6,094
Dec 202480068.993.12$5,519
Nov 202487069.052.20$6,007
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202493075.632.06$7,034
Jul 20240079.932.15$0
Jun 202447078.082.63$3,670
May 202456078.812.20$4,413
Apr 2024178084.451.66$15,032
Mar 20240080.301.55$0
Feb 2024174076.091.78$13,240
Jan 202465073.023.30$4,746
Dec 2023180071.262.61$12,827
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023176080.522.67$14,172
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023182070.622.23$12,853
Apr 20230078.122.24$0
Mar 2023181072.852.39$13,186
Feb 20230075.112.47$0
Jan 2023185076.533.39$14,158
Dec 20220076.415.73$0
Nov 2022174085.005.65$14,790
Oct 2022178087.185.86$15,518
Sep 20220084.888.16$0
Aug 2022180094.529.13$17,014
Jul 202200101.587.54$0
Jun 20221720115.097.98$19,795
May 20221790109.378.43$19,577
Apr 202200104.226.84$0
Mar 20221770108.885.08$19,272
Feb 2022170091.054.86$15,479
Jan 2022176081.844.54$14,404
Dec 20210071.323.90$0
Nov 2021172077.435.24$13,318
Oct 2021186079.795.71$14,841
Sep 20210069.865.35$0
Aug 2021183066.024.22$12,082
Jul 2021360070.783.98$25,481
Jun 2021175069.493.38$12,161
May 2021184063.483.02$11,680
Apr 2021174560.362.76$10,516
Mar 20213521061.302.72$21,605
Feb 20210057.805.55$0
Jan 202103250.412.81$90
Dec 202035417144.642.68$16,260
Nov 202017829038.772.71$7,686
Oct 202017734436.972.48$7,396
Sep 202018136837.091.99$7,446
Aug 202035449739.982.39$15,338
Jul 202017725038.371.83$7,248
Jun 202052815134.901.69$18,682
May 2020011716.921.81$212
Apr 202017216614.751.80$2,837
Mar 202034724930.341.86$10,990
Feb 202017631449.881.98$9,401
Jan 202017231057.252.09$10,496
Dec 201935139959.012.30$21,632
Nov 201917970755.302.75$11,843
Oct 20193451,10453.472.42$21,117
Sep 201933712955.052.66$18,895
Aug 201918022353.112.30$10,074
Jul 201936453156.272.46$21,789
Jun 201917833852.782.49$10,237
May 201935748658.482.74$22,209
Apr 201917256062.632.75$12,313
Mar 201935950056.803.06$21,922
Feb 201936961550.852.79$20,481
Jan 201938450746.033.23$19,312
Dec 201835789146.594.19$20,362
Nov 201836079552.934.24$22,423
Oct 201836862461.443.40$24,730
Sep 201854077959.543.11$34,573
Aug 201872159559.403.07$44,652
Jul 201872274665.142.93$49,218
Jun 201871384860.183.08$45,518
May 201889790465.382.90$61,268
Apr 20187451,10263.842.90$50,757
Mar 20181,0761,35961.222.79$69,660
Feb 20181,2901,62861.782.77$84,199
Jan 20181,6622,06962.874.01$112,785
Dec 20172,1563,67757.272.92$134,217
Nov 20172,83910,22155.423.12$189,210
Oct 20170049.292.98$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.

Mar 2026 — as filed, then multipliedworked
Oil                   80 bbl  × $ 89.75 =     $7,180
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $7,180

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/27322 is the state's own key, not one this site invented.