BURNS

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the P.L. (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193115District 06Field 681576662 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Sep 2002 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
285
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1955-04-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2010.

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 Gas112003-03-31150380
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
CondensateDisposition17,893 bbl$877,362
GasProduction884,026 Mcf$5,123,752
Total$6,001,113

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 32.1387, -95.0530. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13873, -95.05298 · 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
8,400 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 8,400 ft.

Completions filed
Sep 2002
1 of 1 wells

1 well

42-4233158118,400 ftSep 2002

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 (285)

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

285 months

May 202602,066106.413.05$6,293
Apr 202601,17998.932.87$3,383
Mar 202601,00589.753.15$3,165
Feb 2026037763.503.75$1,414
Jan 2026087859.138.00$7,022
Dec 2025038256.664.41$1,686
Nov 2025083158.593.93$3,263
Oct 2025051359.383.30$1,695
Sep 2025048262.743.08$1,483
Aug 2025046963.933.01$1,414
Jul 2025049966.743.32$1,654
Jun 2025040566.483.13$1,267
May 2025041060.553.23$1,325
Apr 2025030762.363.54$1,088
Mar 2025039167.704.27$1,669
Feb 202503970.884.34$169
Jan 2025020874.324.28$890
Dec 2024024768.993.12$771
Nov 2024023869.052.20$523
Oct 2024029571.372.28$673
Sep 2024031069.612.36$733
Aug 2024029875.632.06$615
Jul 2024037479.932.15$803
Jun 2024029978.082.63$788
May 2024032878.812.20$721
Apr 2024019884.451.66$329
Mar 2024111480.301.55$256
Feb 2024116776.091.78$374
Jan 2024220273.023.30$812
Dec 2023262271.262.61$1,766
Nov 2023190177.892.81$2,608
Oct 2023272085.443.09$2,394
Sep 202321,17289.042.74$3,384
Aug 202321,30480.522.67$3,646
Jul 202311,02374.852.64$2,777
Jun 2023162668.962.26$1,483
May 202331,74070.622.23$4,088
Apr 202331,75178.122.24$4,153
Mar 202341,56772.852.39$4,041
Feb 202321,62675.112.47$4,159
Jan 2023248876.533.39$1,806
Dec 202252,18976.415.73$12,923
Nov 202242,19085.005.65$12,705
Oct 202252,04187.185.86$12,404
Sep 202242,21484.888.16$18,414
Aug 202212,14794.529.13$19,691
Jul 202211,326101.587.54$10,102
Jun 20220741115.097.98$5,911
May 20220710109.378.43$5,987
Apr 20220346104.226.84$2,366
Mar 202200108.885.08$0
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 20210066.024.22$0
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 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
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 202011,15249.881.98$2,332
Jan 20202799857.252.09$3,636
Dec 201901,02159.012.30$2,353
Nov 201901,05855.302.75$2,910
Oct 2019095853.472.42$2,317
Sep 2019086155.052.66$2,288
Aug 2019078453.112.30$1,807
Jul 2019046256.272.46$1,137
Jun 2019065352.782.49$1,627
May 2019042358.482.74$1,159
Apr 2019042662.632.75$1,172
Mar 2019044656.803.06$1,366
Feb 2019024450.852.79$681
Jan 2019340746.033.23$1,452
Dec 2018119146.594.19$846
Nov 2018342552.934.24$1,960
Oct 2018486061.443.40$3,168
Sep 2018560959.543.11$2,190
Aug 201861,06359.403.07$3,616
Jul 2018018865.142.93$551
Jun 2018114260.183.08$497
May 2018212065.382.90$479
Apr 20181212063.842.90$1,114
Mar 20182714061.222.79$2,043
Feb 20182328761.782.77$2,215
Jan 20182726362.874.01$2,752
Dec 20173123657.272.92$2,465
Nov 20172410155.423.12$1,645
Oct 20173211849.292.98$1,929
Sep 2017328447.523.09$1,780
Aug 20173344345.373.00$2,828
Jul 20173948843.873.09$3,218
Jun 20173631942.493.09$2,514
May 20174338345.373.26$3,201
Apr 20174654247.933.21$3,945
Mar 2017060746.772.98$1,811
Feb 2017056350.452.95$1,662
Jan 2017040349.413.42$1,378
Dec 201639348.763.72$493
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 201624745.352.69$217
May 20160042.521.99$0
Apr 201647036.561.99$1,718
Mar 201603433.011.79$61
Feb 201601726.472.06$35
Jan 20168830727.352.36$3,133
Dec 20152419932.362.00$1,175
Nov 20152038.792.17$78
Oct 2015614343.552.43$608
Sep 2015045242.992.76$1,247
Aug 2015669740.162.87$2,243
Jul 20151058948.152.95$2,216
Jun 2015790056.152.88$2,988
May 2015075255.212.96$2,223
Apr 20151164949.822.71$2,305
Mar 20151296842.892.93$3,355
Feb 2015072444.662.98$2,155
Jan 2015881943.433.10$2,887
Dec 2014889954.693.59$3,666
Nov 2014867770.464.25$3,442
Oct 20141065478.303.90$3,334
Sep 2014090286.164.05$3,649
Aug 2014111,00589.394.04$5,039
Jul 2014101,17796.564.18$5,885
Jun 2014101,11098.164.74$6,240
May 20141191094.734.73$5,343
Apr 2014111,05095.944.81$6,105
Mar 201431,34795.895.06$7,099
Feb 201439397.406.19$868
Jan 2014151690.404.86$2,599
Dec 2013329691.824.35$1,564
Nov 2013036788.853.74$1,372
Oct 2013763497.423.78$3,078
Sep 201361,453104.113.72$6,027
Aug 20137962104.253.52$4,119
Jul 201381,142102.523.72$5,066
Jun 201391,57594.403.93$7,045
May 20132646894.834.15$4,407
Apr 2013821,59293.964.28$14,523
Mar 2013482,01793.623.91$12,386
Feb 2013551,78291.233.42$11,112
Jan 2013562,30591.603.42$13,012
Dec 2012322,34186.773.42$10,783
Nov 2012521,12986.953.62$8,614
Oct 2012882,11089.383.40$15,039
Sep 20121081,84994.672.92$15,620
Aug 2012282,04892.662.91$8,550
Jul 2012552,81685.133.02$13,189
Jun 2012662,43979.822.52$11,412
May 2012702,43691.612.49$12,474
Apr 2012442,826101.652.00$10,116
Mar 2012372,019105.052.22$8,373
Feb 2012621,552101.102.57$10,257
Jan 2012252,93798.092.73$10,482
Dec 2011512,98996.873.24$14,624
Nov 2011232,76995.723.31$11,370
Oct 2011262,62684.983.65$11,791
Sep 2011142,48783.623.99$11,083
Aug 2011232,93283.404.15$14,084
Jul 2011262,77094.144.52$14,960
Jun 2011321,88092.904.64$11,696
May 2011282,40298.134.40$13,328
Apr 2011292,238105.964.33$12,771
Mar 2011391,41996.364.06$9,515
Feb 2011291,42385.644.18$8,432
Jan 2011511,63886.504.59$11,928
Dec 2010922,32685.734.35$18,000
Nov 20102302,14580.843.80$26,734
Oct 2010832,64878.103.51$15,774
Sep 20101691,65872.633.98$18,872
Aug 20101481,69273.684.42$18,382
Jul 20101231,47872.554.74$15,924
Jun 20102601,50870.364.91$25,698
May 201001,28171.124.24$5,425
Apr 20101911,43181.694.12$21,502
Mar 2010441,28278.394.39$9,075
Feb 2010351,37973.585.44$10,080
Jan 201014894074.365.96$16,612
Dec 2009982,55971.445.48$21,034
Nov 2009742,94974.593.75$16,583
Oct 2009612,75172.544.11$15,732
Sep 2009552,70365.543.06$11,889
Aug 20091051,98567.423.22$13,468
Jul 2009562,59761.133.46$12,421
Jun 2009302,33666.163.90$11,084
May 2009543,09254.743.93$15,094
Apr 2009243,28546.773.59$12,907
Mar 2009493,05242.144.06$14,453
Feb 2009433,14632.814.63$15,986
Jan 2009322,64735.865.37$15,365
Dec 2008213,40937.105.98$21,155
Nov 200842,53955.496.86$17,640
Oct 200871,48975.246.92$10,834
Sep 2008103,519101.767.88$28,737
Aug 2008153,891114.228.48$34,721
Jul 2008133,452131.0811.39$41,020
Jun 2008144,065131.3313.03$54,816
May 2008743,895123.1711.57$54,196
Apr 20081143,351110.3110.45$47,610
Mar 20082454,126101.909.66$64,839
Feb 20081454,14392.538.77$49,753
Jan 20081404,40290.388.21$48,775
Dec 2007893,78388.337.30$35,485
Nov 2007634,38491.677.29$37,742
Oct 2007294,62582.856.92$34,417
Sep 2007314,23275.846.24$28,776
Aug 2007605,18969.066.39$37,291
Jul 2007644,63270.906.39$34,127
Jun 2007694,80862.007.55$40,571
May 20071216,33258.747.85$56,790
Apr 2007945,79859.617.81$50,858
Mar 20071017,19056.927.30$58,250
Feb 2007895,81155.108.22$52,647
Jan 2007986,92850.306.73$51,533
Dec 20060556.656.92$35
Nov 20060054.207.62$0
Oct 2006631,76154.906.01$14,049
Sep 2006656,20260.085.04$35,146
Aug 20061095,16668.717.34$45,407
Jul 2006686,15969.376.34$43,782
Jun 20061258,23366.286.38$60,843
May 20061065,66966.016.42$43,420
Apr 20061206,58264.397.36$56,173
Mar 20061666,63356.707.08$56,393
Feb 2006876,36357.597.75$54,331
Jan 200611510,38460.598.93$99,731
Dec 20052205,43654.9413.42$85,013
Nov 200504,52454.6910.59$47,902
Oct 20051596,00058.3413.80$92,051
Sep 20051775,40961.4512.08$76,212
Aug 200506,32061.519.80$61,916
Jul 200506,30055.697.84$49,415
Jun 20051796,72552.337.38$59,005
May 20051844,96845.226.65$41,363
Apr 200507,04749.207.36$51,869
Mar 20051865,98350.377.15$52,176
Feb 200506,27045.226.31$39,576
Jan 20051787,15943.166.32$52,943
Dec 200405,42539.866.75$36,625
Nov 20041761,80145.286.33$19,370
Oct 200406,56049.706.52$42,739
Sep 20041807,23943.245.28$46,033
Aug 20041818,55342.375.55$55,144
Jul 200408,14438.286.08$49,550
Jun 20041955,52236.106.43$42,563
May 20041366,45437.486.49$47,013
Apr 20041447,12034.475.86$46,676
Mar 20041439,33334.365.53$56,526
Feb 200415210,46732.455.51$62,602
Jan 20041499,93032.036.30$67,328
Dec 200330713,32530.266.30$93,259
Nov 200317815,78028.804.60$77,638
Oct 200316511,43828.174.76$59,089
Sep 200330719,94526.314.75$102,803
Aug 20031569,38729.765.13$52,795
Jul 200321514,08429.415.17$79,149
Jun 20031682,47828.565.98$19,624
May 200336218,30026.595.97$118,926
Apr 200351824,13026.675.41$144,293
Mar 200372431,79831.146.10$216,387
Feb 200370433,43233.487.93$288,548
Jan 200369528,90330.315.58$182,403
Dec 20021,78968,67526.914.85$381,474
Nov 20021,43647,65224.664.14$232,546
Oct 200232717,76326.464.23$83,774
Sep 2002128627.443.64$1,067

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,066 Mcf  × $  3.05 =     $6,293

────────────────────────────────────────────────────
Month total                                   $6,293

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/193115 is the state's own key, not one this site invented.