REVERRA ESTATE

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

Gas lease lease 190526District 06Field 522393332 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Aug 2002 – Feb 2021
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
223
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 45 leases and 45 wells, and the rule below applies to all of them.

Discovered
1948-07-07
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 160 acres. The field rule took effect on 2004-02-10.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112003-05-07150684
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
CondensateDisposition12,362 bbl$458,492
GasProduction944,924 Mcf$5,748,541
Total$6,207,033

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 32.7995, -94.5666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.79954, -94.56657 · 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
11,230 ft
1 wells filed one
Completion to plug
16.4 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 11,230 ft.

Completions filed
Aug 2002
1 of 1 wells
Plug dates filed
Jan 2019
1 of 1 wells

Last completion to plug: a median of 16.4 years across the 1 well that filed both dates, with the middle half between 16.4 years and 16.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31530879111,230 ftAug 2002Jan 2019Yes

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 (223)

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

223 months

Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202038038.772.71$1,473
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 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190146.033.23$3
Dec 20180046.594.19$0
Nov 20180252.934.24$8
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201802459.403.07$74
Jul 20180865.142.93$23
Jun 201801260.183.08$37
May 20180265.382.90$6
Apr 20180363.842.90$9
Mar 20180361.222.79$8
Feb 20180361.782.77$8
Jan 20180462.874.01$16
Dec 20170557.272.92$15
Nov 201701655.423.12$50
Oct 201705249.292.98$155
Sep 20170047.523.09$0
Aug 201703345.373.00$99
Jul 20170043.873.09$0
Jun 201702742.493.09$83
May 20170045.373.26$0
Apr 20170147.933.21$3
Mar 20170246.772.98$6
Feb 20170650.452.95$18
Jan 20170049.413.42$0
Dec 201601948.763.72$71
Nov 201602242.492.64$58
Oct 201606446.193.09$198
Sep 20160341.553.10$9
Aug 20160041.442.92$0
Jul 20160241.622.92$6
Jun 20160345.352.69$8
May 20160142.521.99$2
Apr 201604936.561.99$98
Mar 201603233.011.79$57
Feb 2016014926.472.06$307
Jan 201601,49427.352.36$3,532
Dec 20150032.362.00$0
Nov 2015088838.792.17$1,925
Oct 20150043.552.43$0
Sep 201507742.992.76$212
Aug 201501640.162.87$46
Jul 201506248.152.95$183
Jun 20150356.152.88$9
May 20150355.212.96$9
Apr 20150249.822.71$5
Mar 201502342.892.93$68
Feb 20150044.662.98$0
Jan 201507943.433.10$245
Dec 20140154.693.59$4
Nov 201405670.464.25$238
Oct 2014015778.303.90$612
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014011096.564.18$460
Jun 201407698.164.74$360
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201403695.895.06$182
Feb 20140097.406.19$0
Jan 2014080090.404.86$3,889
Dec 20130091.824.35$0
Nov 2013034388.853.74$1,282
Oct 2013016897.423.78$635
Sep 20130144104.113.72$535
Aug 20130125104.253.52$440
Jul 201300102.523.72$0
Jun 201301094.403.93$39
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201309693.623.91$376
Feb 201301091.233.42$34
Jan 2013020091.603.42$684
Dec 20120086.773.42$0
Nov 2012010886.953.62$392
Oct 20120089.383.40$0
Sep 2012029094.672.92$846
Aug 20120492.662.91$12
Jul 201205385.133.02$160
Jun 20129520479.822.52$8,097
May 20120791.612.49$17
Apr 20122840101.652.00$1,881
Mar 201202,230105.052.22$4,955
Feb 201202,371101.102.57$6,094
Jan 201201,11898.092.73$3,057
Dec 201101,87896.873.24$6,084
Nov 201104895.723.31$159
Oct 201101,30384.983.65$4,754
Sep 201102,09583.623.99$8,350
Aug 20111811,53183.404.15$21,448
Jul 201112,02694.144.52$9,246
Jun 201111,71192.904.64$8,032
May 2011080298.134.40$3,533
Apr 20110967105.964.33$4,190
Mar 201126596.364.06$456
Feb 2011067485.644.18$2,817
Jan 201121,12986.504.59$5,354
Dec 201021,18385.734.35$5,315
Nov 201031,73180.843.80$6,812
Oct 201001978.103.51$67
Sep 201001,17272.633.98$4,664
Aug 201001,81873.684.42$8,034
Jul 201002,22272.554.74$10,524
Jun 201011,90970.364.91$9,444
May 201041,39071.124.24$6,171
Apr 20101461,82081.694.12$19,430
Mar 201001,71178.394.39$7,509
Feb 2010162,32973.585.44$13,853
Jan 201001,71674.365.96$10,234
Dec 200901,78771.445.48$9,799
Nov 200901,79574.593.75$6,734
Oct 20091832,12872.544.11$22,021
Sep 200901,49365.543.06$4,576
Aug 20091871,83467.423.22$18,510
Jul 200901,88161.133.46$6,517
Jun 200902,43266.163.90$9,473
May 200901,42354.743.93$5,586
Apr 200902,87446.773.59$10,310
Mar 200902,98942.144.06$12,132
Feb 200943,53632.814.63$16,514
Jan 2009769135.865.37$3,962
Dec 200873,69537.105.98$22,345
Nov 20080055.496.86$0
Oct 20080675.246.92$42
Sep 2008015101.767.88$118
Aug 20080389114.228.48$3,300
Jul 20080523131.0811.39$5,957
Jun 20080619131.3313.03$8,067
May 20080497123.1711.57$5,752
Apr 20080821110.3110.45$8,583
Mar 20080906101.909.66$8,756
Feb 2008097592.538.77$8,551
Jan 200802,91990.388.21$23,953
Dec 200702,67888.337.30$19,555
Nov 200701,43391.677.29$10,449
Oct 200701,86782.856.92$12,923
Sep 200702,80575.846.24$17,515
Aug 200703,26669.066.39$20,863
Jul 200724,18170.906.39$26,850
Jun 200713,88862.007.55$29,410
May 200703,07258.747.85$24,104
Apr 200726,68359.617.81$52,281
Mar 200704,97556.927.30$36,327
Feb 20071955,66355.108.22$57,272
Jan 200705,56150.306.73$37,408
Dec 20061805,07356.656.92$45,294
Nov 200602,41954.207.62$18,427
Oct 200604,14154.906.01$24,903
Sep 200604,26660.085.04$21,489
Aug 200603,97168.717.34$29,147
Jul 200604,42869.376.34$28,086
Jun 20061565,07366.286.38$42,725
May 200604,94666.016.42$31,778
Apr 20061794,96664.397.36$48,078
Mar 200606,13656.707.08$43,461
Feb 20061834,97857.597.75$49,124
Jan 200605,60660.598.93$50,080
Dec 200506,23554.9413.42$83,645
Nov 20051775,50154.6910.59$67,927
Oct 200506,70458.3413.80$92,487
Sep 200507,09961.4512.08$85,749
Aug 200507,27661.519.80$71,282
Jul 200508,19155.697.84$64,247
Jun 20051828,53152.337.38$72,492
May 200508,91745.226.65$59,308
Apr 20051887,63149.207.36$65,417
Mar 200509,56350.377.15$68,422
Feb 200518610,61845.226.31$75,431
Jan 2005012,42343.166.32$78,541
Dec 20041889,71639.866.75$73,087
Nov 2004411,23245.286.33$71,284
Oct 2004012,52049.706.52$81,569
Sep 200417910,87943.245.28$65,224
Aug 200418611,86242.375.55$73,723
Jul 200417912,82638.286.08$84,888
Jun 200418515,79636.106.43$108,294
May 200418615,46237.486.49$107,390
Apr 200418817,58934.475.86$109,525
Mar 200418917,04734.365.53$100,766
Feb 200437019,61032.455.51$120,050
Jan 200418124,39032.036.30$159,446
Dec 200338425,66530.266.30$173,351
Nov 200341926,90128.804.60$135,682
Oct 200354229,38728.174.76$155,140
Sep 200337230,41026.314.75$154,215
Aug 200354534,12429.765.13$191,266
Jul 200336534,68129.415.17$190,065
Jun 200355034,68728.565.98$223,239
May 200373538,70426.595.97$250,710
Apr 200373339,83126.675.41$234,926
Mar 200371145,16831.146.10$297,486
Feb 200392345,78833.487.93$393,812
Jan 200395151,69630.315.58$317,394
Dec 200258338,06826.914.85$200,461
Nov 2002180424.664.14$3,351
Oct 200201,81226.464.23$7,663
Sep 200202,90627.443.64$10,564
Aug 200202,37025.963.16$7,499

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.

Nov 2020 — as filed, then multipliedworked
Condensate            38 bbl  × $ 38.77 =     $1,473
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $1,473

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/190526 is the state's own key, not one this site invented.