BURNETT UNIT 10

Operated by R. LACY SERVICES, LTD. (P-5 687208) 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 190894District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Sep 2002 – Feb 2017
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
174
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 Gas112002-10-29149410
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
CondensateDisposition2,489 bbl$234,038
GasProduction1,057,656 Mcf$6,045,647
Total$6,279,685

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 32.2796, -94.3199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27960, -94.31993 · 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
9,700 ft
1 wells filed one
Completion to plug
4 months
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 9,700 ft.

Completions filed
Oct 2016
1 of 1 wells
Plug dates filed
Feb 2017
1 of 1 wells

Last completion to plug: a median of 4 months across the 1 well that filed both dates, with the middle half between 4 months and 4 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653485699,700 ftOct 2016Feb 2017Yes

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 (174)

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

174 months

Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016089741.553.10$2,781
Aug 201602,18241.442.92$6,381
Jul 201602,56341.622.92$7,495
Jun 201601,83845.352.69$4,937
May 201601,62242.521.99$3,229
Apr 201602,59836.561.99$5,173
Mar 2016061033.011.79$1,094
Feb 201602,91326.472.06$6,011
Jan 201601,53327.352.36$3,625
Dec 2015043732.362.00$875
Nov 201502,33138.792.17$5,052
Oct 201502,46443.552.43$5,979
Sep 201502,15042.992.76$5,931
Aug 201502,43940.162.87$7,006
Jul 201503,16148.152.95$9,309
Jun 201502,01056.152.88$5,795
May 2015085355.212.96$2,521
Apr 201502,36449.822.71$6,398
Mar 201502,17042.892.93$6,368
Feb 201501,61744.662.98$4,813
Jan 201532,73443.433.10$8,607
Dec 201452,05754.693.59$7,661
Nov 201472,01370.464.25$9,052
Oct 2014292,15078.303.90$10,658
Sep 2014461,94686.164.05$11,836
Aug 2014472,11489.394.04$12,732
Jul 2014452,22896.564.18$13,657
Jun 2014222,06098.164.74$11,917
May 2014451,73694.734.73$12,468
Apr 2014941,48195.944.81$16,141
Mar 2014741,81395.895.06$16,264
Feb 2014731,75097.406.19$17,946
Jan 20141012,02490.404.86$18,969
Dec 2013721,89691.824.35$14,867
Nov 2013792,11388.853.74$14,918
Oct 2013862,15297.423.78$16,511
Sep 2013402,805104.113.72$14,593
Aug 2013982,973104.253.52$20,689
Jul 2013622,989102.523.72$17,469
Jun 2013572,51694.403.93$15,277
May 2013742,92194.834.15$19,137
Apr 2013842,53293.964.28$18,736
Mar 2013872,95093.623.91$19,688
Feb 2013452,43191.233.42$12,419
Jan 2013283,00491.603.42$12,838
Dec 2012292,67686.773.42$11,669
Nov 2012303,28586.953.62$14,516
Oct 2012151,49889.383.40$6,433
Sep 2012472,73194.672.92$12,420
Aug 2012422,38692.662.91$10,831
Jul 2012472,78385.133.02$12,408
Jun 2012682,92679.822.52$12,798
May 2012513,23691.612.49$12,724
Apr 2012923,622101.652.00$16,584
Mar 2012983,049105.052.22$17,070
Feb 2012732,772101.102.57$14,505
Jan 20121433,64198.092.73$23,982
Dec 2011643,53996.873.24$17,665
Nov 2011373,40995.723.31$14,830
Oct 2011622,87884.983.65$15,769
Sep 2011341,79683.623.99$10,002
Aug 2011803,58883.404.15$21,560
Jul 2011273,72294.144.52$19,355
Jun 201183,40792.904.64$16,551
May 2011224,15898.134.40$20,474
Apr 2011173,054105.964.33$15,035
Mar 201103,41096.364.06$13,836
Feb 201102,30385.644.18$9,626
Jan 201103,13286.504.59$14,372
Dec 201003,43185.734.35$14,917
Nov 201003,28680.843.80$12,471
Oct 201003,83078.103.51$13,439
Sep 201002,05972.633.98$8,194
Aug 201002,80573.684.42$12,396
Jul 201002,78372.554.74$13,182
Jun 201003,77270.364.91$18,522
May 201003,08871.124.24$13,078
Apr 201001,74681.694.12$7,198
Mar 201002,83578.394.39$12,442
Feb 201002,71573.585.44$14,776
Jan 201004,35274.365.96$25,956
Dec 200905,63371.445.48$30,890
Nov 200903,07074.593.75$11,517
Oct 200903,00772.544.11$12,360
Sep 200904,10765.543.06$12,587
Aug 200904,36267.423.22$14,039
Jul 200903,84161.133.46$13,307
Jun 200904,02366.163.90$15,670
May 200906,47154.743.93$25,404
Apr 200904,97746.773.59$17,855
Mar 200906,11142.144.06$24,805
Feb 200901,64232.814.63$7,607
Jan 200903,74735.865.37$20,125
Dec 200804,08337.105.98$24,405
Nov 200804,52855.496.86$31,064
Oct 200804,01575.246.92$27,792
Sep 200802,503101.767.88$19,716
Aug 200803,556114.228.48$30,166
Jul 200806,366131.0811.39$72,505
Jun 200804,997131.3313.03$65,124
May 200804,333123.1711.57$50,151
Apr 200803,333110.3110.45$34,846
Mar 200804,433101.909.66$42,841
Feb 200805,67392.538.77$49,756
Jan 200806,63490.388.21$54,437
Dec 200704,78388.337.30$34,925
Nov 200704,37791.677.29$31,916
Oct 200704,61582.856.92$31,945
Sep 200705,72575.846.24$35,748
Aug 200705,66469.066.39$36,181
Jul 200705,76970.906.39$36,852
Jun 200705,99862.007.55$45,276
May 200706,05058.747.85$47,470
Apr 200705,21259.617.81$40,681
Mar 200705,12756.927.30$37,437
Feb 200705,89155.108.22$48,400
Jan 200707,43350.306.73$50,001
Dec 200608,33956.656.92$57,693
Nov 200606,70554.207.62$51,075
Oct 200605,40754.906.01$32,517
Sep 200605,10760.085.04$25,725
Aug 200605,22368.717.34$38,336
Jul 200605,44969.376.34$34,562
Jun 200605,40366.286.38$34,492
May 200606,37766.016.42$40,972
Apr 200605,79464.397.36$42,647
Mar 200606,81656.707.08$48,277
Feb 200606,49057.597.75$50,305
Jan 200605,81960.598.93$51,983
Dec 200506,85754.9413.42$91,989
Nov 200507,38954.6910.59$78,238
Oct 200507,92358.3413.80$109,304
Sep 200507,66061.4512.08$92,525
Aug 200507,02761.519.80$68,842
Jul 200508,00755.697.84$62,804
Jun 200507,51052.337.38$55,432
May 200508,33345.226.65$55,424
Apr 200508,21949.207.36$60,496
Mar 200508,10350.377.15$57,976
Feb 200507,53945.226.31$47,586
Jan 200509,02543.166.32$57,058
Dec 200407,88139.866.75$53,205
Nov 200407,10345.286.33$44,965
Oct 200407,72149.706.52$50,303
Sep 200407,25243.245.28$38,319
Aug 200408,45442.375.55$46,925
Jul 200408,56638.286.08$52,117
Jun 200408,64736.106.43$55,626
May 200409,51937.486.49$61,822
Apr 2004011,66934.475.86$68,362
Mar 2004013,23334.365.53$73,180
Feb 2004012,49132.455.51$68,821
Jan 2004013,71432.036.30$86,393
Dec 2003015,16730.266.30$95,577
Nov 2003015,11228.804.60$69,442
Oct 2003017,00428.174.76$80,933
Sep 2003016,96326.314.75$80,563
Aug 2003018,72929.765.13$96,075
Jul 2003019,77629.415.17$102,259
Jun 2003019,64028.565.98$117,505
May 2003022,39326.595.97$133,746
Apr 2003021,22526.675.41$114,770
Mar 2003026,11831.146.10$159,216
Feb 2003025,95233.487.93$205,692
Jan 2003031,53530.315.58$176,030
Dec 2002033,12426.914.85$160,776
Nov 2002038,23324.664.14$158,168
Oct 2002055,92926.464.23$236,530
Sep 2002020,05327.443.64$72,897

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 41.55 =         $0
Gas                  897 Mcf  × $  3.10 =     $2,781

────────────────────────────────────────────────────
Month total                                   $2,781

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/190894 is the state's own key, not one this site invented.