BURNETT BROTHERS

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140370District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$637 k
Jan 1993 – Dec 2003
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
132
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111992-03-26124543
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition2,709 bbl$58,001
GasProduction512,961 Mcf$579,344
Total$637,345

334,575 Mcf of this lease's gas, across 48 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 32.2529, -94.2753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25285, -94.27529 · 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
0.0%
0 of 1 wells
Median depth
9,687 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
1100.0%
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.
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 9,687 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-3653251722 L9,687 ftApr 2003Yes

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 (132)

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

132 months

Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20031026.595.97$27
Apr 2003321,40826.675.41$8,467
Mar 2003652,77231.146.10$18,922
Feb 2003793,18333.487.93$27,873
Jan 2003843,59330.315.58$22,602
Dec 2002542,38026.914.85$13,005
Nov 20020024.664.14$0
Oct 20021994026.464.23$4,478
Sep 20020027.443.64$0
Aug 2002231,36625.963.16$4,919
Jul 2002412,21924.583.06$7,802
Jun 2002612,77823.733.34$10,721
May 20021762,62224.663.58$13,737
Apr 20022042,66523.653.51$14,185
Mar 20021832,23822.003.10$10,970
Feb 20021071,29718.222.38$5,031
Jan 20021201,38017.172.38$5,339
Dec 20012673,10216.932.36$11,855
Nov 20012183,37418.072.41$12,055
Oct 2001643,34919.782.53$9,735
Sep 2001402,23324.262.25$5,998
Aug 2001432,61324.873.05$9,047
Jul 2001372,28823.933.20$8,200
Jun 2001654,17924.563.82$17,578
May 2001754,80025.524.31$22,589
Apr 20011167,41624.685.34$42,430
Mar 20010024.545.38$0
Feb 2001375,51727.755.77$32,844
Jan 2001691827.478.40$7,875
Dec 2000101,33226.889.12$12,420
Nov 200004232.215.66$238
Oct 200061,08531.235.15$5,770
Sep 200061,18831.875.19$6,353
Aug 200061,14329.644.54$5,368
Jul 2000395828.534.09$4,004
Jun 200041,19829.304.40$5,385
May 200041,23427.263.68$4,650
Apr 200061,55924.513.12$5,005
Mar 200061,71628.422.86$5,078
Feb 200071,75127.622.73$4,967
Jan 200051,17725.272.48$3,046
Dec 199951,70924.282.42$4,264
Nov 199961,79523.192.43$4,508
Oct 199962,59720.982.80$7,407
Sep 199952,73121.752.62$7,261
Aug 1999478119.262.88$2,323
Jul 199951,33417.892.37$3,254
Jun 199981,68715.942.36$4,112
May 199982,21815.792.32$5,274
Apr 199991,37515.102.21$3,172
Mar 199991,74812.471.84$3,326
Feb 199961,5099.981.82$2,803
Jan 199962,14310.381.90$4,134
Dec 199862,7109.201.77$4,861
Nov 199853,38010.892.19$7,442
Oct 199852,31612.421.97$4,623
Sep 199863,30412.592.08$6,957
Aug 1998333,16311.301.91$6,406
Jul 1998313,38511.742.24$7,937
Jun 1998413,73711.242.24$8,822
May 1998432,79412.622.21$6,707
Apr 1998633,18113.042.51$8,791
Mar 1998602,01212.802.31$5,415
Feb 1998311,89613.952.30$4,792
Jan 19982821714.702.15$879
Dec 199703,28016.322.41$7,908
Nov 199703,17918.193.09$9,818
Oct 199702,18619.253.15$6,886
Sep 199703,27517.742.95$9,677
Aug 199702,26517.862.55$5,786
Jul 199703,53317.582.25$7,938
Jun 199702,29917.242.26$5,189
May 199703,33718.972.31$7,703
Apr 199704,24417.882.08$8,839
Mar 199703,76218.951.94$7,295
Feb 199703,80820.492.21$8,400
Jan 199704,48323.483.54$15,868
Dec 199604,74823.32$0
Nov 199604,00521.97$0
Oct 199604,76823.31$0
Sep 199603,85322.22$0
Aug 199604,12220.26$0
Jul 199605,03219.55$0
Jun 199604,59618.73$0
May 199605,06719.43$0
Apr 199605,27721.51$0
Mar 199605,82819.38$0
Feb 199605,60616.98$0
Jan 199606,13817.07$0
Dec 199506,08917.19$0
Nov 199506,46916.00$0
Oct 199506,83915.43$0
Sep 199505,34516.18$0
Aug 199507,40315.92$0
Jul 199507,20215.24$0
Jun 199507,76316.41$0
May 199508,64117.56$0
Apr 199507,56117.73$0
Mar 199504,91816.44$0
Feb 199504,87416.58$0
Jan 199504,52315.92$0
Dec 199405,74915.03$0
Nov 199405,50215.90$0
Oct 199405,40815.58$0
Sep 199405,07915.29$0
Aug 199405,18816.13$0
Jul 199405,42017.56$0
Jun 199406,02717.09$0
May 199405,64515.88$0
Apr 199406,18214.14$0
Mar 199407,31312.46$0
Feb 199406,42512.50$0
Jan 199407,47712.66$0
Dec 199307,19012.33$0
Nov 199307,80314.49$0
Oct 1993010,29315.85$0
Sep 1993010,61015.03$0
Aug 1993011,00415.66$0
Jul 1993011,67415.46$0
Jun 199306,67716.79$0
May 1993011,69417.68$0
Apr 1993011,74918.05$0
Mar 1993012,39218.14$0
Feb 1993012,32317.90$0
Jan 1993013,08416.93$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.

May 2003 — as filed, then multipliedworked
Condensate             1 bbl  × $ 26.59 =        $27
Gas                    0 Mcf  × $  5.97 =         $0

────────────────────────────────────────────────────
Month total                                      $27

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. 06/G/140370 is the state's own key, not one this site invented.