FELKER

Name: FELKER lease production and value, Feb 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 218705District 06Field 52239333NGPA filingCondensateGasSave Export

Value, all time

$419 k

Feb 2006 – Aug 2020

Value, last 12 filed months

$30

at the published price for each month

Months reported

175

no gaps in the span

Streams

condensate, gas

The LASSATER (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,978 bbl	$146,699
Gas	Production	57,069 Mcf	$272,040
Total			$418,738

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 32.8218, -94.5550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.82185, -94.55502 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,275 ft

1 wells filed one

Completion to plug

13.1 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 11,275 ft.

Completions filed

Feb 2006

1 of 1 wells

Plug dates filed

Mar 2019

1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31530884	2	11,275 ft	Feb 2006	Mar 2019	Yes

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 (175)

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

175 months


Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	1	0	30.34	1.86	$30
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	6	50.85	2.79	$17
Jan 2019	0	94	46.03	3.23	$303
Dec 2018	138	91	46.59	4.19	$6,810
Nov 2018	0	101	52.93	4.24	$428
Oct 2018	0	85	61.44	3.40	$289
Sep 2018	0	72	59.54	3.11	$224
Aug 2018	0	133	59.40	3.07	$408
Jul 2018	0	55	65.14	2.93	$161
Jun 2018	0	248	60.18	3.08	$763
May 2018	0	62	65.38	2.90	$180
Apr 2018	0	70	63.84	2.90	$203
Mar 2018	0	109	61.22	2.79	$304
Feb 2018	0	91	61.78	2.77	$252
Jan 2018	0	292	62.87	4.01	$1,171
Dec 2017	0	138	57.27	2.92	$403
Nov 2017	0	170	55.42	3.12	$530
Oct 2017	0	204	49.29	2.98	$609
Sep 2017	0	280	47.52	3.09	$864
Aug 2017	0	433	45.37	3.00	$1,301
Jul 2017	0	257	43.87	3.09	$793
Jun 2017	0	336	42.49	3.09	$1,037
May 2017	0	553	45.37	3.26	$1,805
Apr 2017	130	315	47.93	3.21	$7,243
Mar 2017	0	181	46.77	2.98	$540
Feb 2017	0	323	50.45	2.95	$954
Jan 2017	0	6	49.41	3.42	$21
Dec 2016	0	267	48.76	3.72	$994
Nov 2016	0	627	42.49	2.64	$1,658
Oct 2016	0	735	46.19	3.09	$2,271
Sep 2016	0	760	41.55	3.10	$2,356
Aug 2016	0	628	41.44	2.92	$1,836
Jul 2016	0	603	41.62	2.92	$1,763
Jun 2016	0	298	45.35	2.69	$800
May 2016	137	247	42.52	1.99	$6,317
Apr 2016	0	341	36.56	1.99	$679
Mar 2016	0	468	33.01	1.79	$840
Feb 2016	0	639	26.47	2.06	$1,319
Jan 2016	0	451	27.35	2.36	$1,066
Dec 2015	0	332	32.36	2.00	$664
Nov 2015	0	61	38.79	2.17	$132
Oct 2015	0	273	43.55	2.43	$662
Sep 2015	0	447	42.99	2.76	$1,233
Aug 2015	0	672	40.16	2.87	$1,930
Jul 2015	0	46	48.15	2.95	$135
Jun 2015	0	43	56.15	2.88	$124
May 2015	0	231	55.21	2.96	$683
Apr 2015	136	242	49.82	2.71	$7,431
Mar 2015	0	903	42.89	2.93	$2,650
Feb 2015	0	739	44.66	2.98	$2,199
Jan 2015	0	475	43.43	3.10	$1,473
Dec 2014	0	61	54.69	3.59	$219
Nov 2014	0	531	70.46	4.25	$2,258
Oct 2014	0	543	78.30	3.90	$2,118
Sep 2014	0	790	86.16	4.05	$3,196
Aug 2014	0	584	89.39	4.04	$2,357
Jul 2014	0	478	96.56	4.18	$1,998
Jun 2014	0	263	98.16	4.74	$1,246
May 2014	0	303	94.73	4.73	$1,432
Apr 2014	113	365	95.94	4.81	$12,597
Mar 2014	1	9	95.89	5.06	$141
Feb 2014	0	501	97.40	6.19	$3,102
Jan 2014	0	460	90.40	4.86	$2,236
Dec 2013	0	277	91.82	4.35	$1,206
Nov 2013	0	459	88.85	3.74	$1,716
Oct 2013	0	622	97.42	3.78	$2,351
Sep 2013	0	544	104.11	3.72	$2,022
Aug 2013	0	539	104.25	3.52	$1,899
Jul 2013	63	322	102.52	3.72	$7,656
Jun 2013	0	363	94.40	3.93	$1,428
May 2013	0	370	94.83	4.15	$1,535
Apr 2013	0	439	93.96	4.28	$1,880
Mar 2013	0	439	93.62	3.91	$1,718
Feb 2013	0	253	91.23	3.42	$865
Jan 2013	42	409	91.60	3.42	$5,246
Dec 2012	0	494	86.77	3.42	$1,690
Nov 2012	0	355	86.95	3.62	$1,287
Oct 2012	0	476	89.38	3.40	$1,618
Sep 2012	0	559	94.67	2.92	$1,631
Aug 2012	0	459	92.66	2.91	$1,335
Jul 2012	0	218	85.13	3.02	$659
Jun 2012	0	448	79.82	2.52	$1,129
May 2012	32	130	91.61	2.49	$3,255
Apr 2012	0	154	101.65	2.00	$308
Mar 2012	0	54	105.05	2.22	$120
Feb 2012	0	129	101.10	2.57	$332
Jan 2012	51	198	98.09	2.73	$5,544
Dec 2011	0	314	96.87	3.24	$1,017
Nov 2011	0	297	95.72	3.31	$983
Oct 2011	84	63	84.98	3.65	$7,368
Sep 2011	1	503	83.62	3.99	$2,088
Aug 2011	0	1,104	83.40	4.15	$4,581
Jul 2011	0	592	94.14	4.52	$2,674
Jun 2011	0	450	92.90	4.64	$2,088
May 2011	94	546	98.13	4.40	$11,629
Apr 2011	0	367	105.96	4.33	$1,590
Mar 2011	97	242	96.36	4.06	$10,329
Feb 2011	1	287	85.64	4.18	$1,285
Jan 2011	0	309	86.50	4.59	$1,418
Dec 2010	0	320	85.73	4.35	$1,391
Nov 2010	134	189	80.84	3.80	$11,550
Oct 2010	0	131	78.10	3.51	$460
Sep 2010	0	251	72.63	3.98	$999
Aug 2010	0	280	73.68	4.42	$1,237
Jul 2010	139	371	72.55	4.74	$11,842
Jun 2010	0	280	70.36	4.91	$1,375
May 2010	0	102	71.12	4.24	$432
Apr 2010	0	136	81.69	4.12	$561
Mar 2010	0	389	78.39	4.39	$1,707
Feb 2010	0	218	73.58	5.44	$1,186
Jan 2010	160	138	74.36	5.96	$12,721
Dec 2009	0	134	71.44	5.48	$735
Nov 2009	0	231	74.59	3.75	$867
Oct 2009	0	83	72.54	4.11	$341
Sep 2009	0	104	65.54	3.06	$319
Aug 2009	0	137	67.42	3.22	$441
Jul 2009	0	74	61.13	3.46	$256
Jun 2009	0	110	66.16	3.90	$428
May 2009	0	209	54.74	3.93	$820
Apr 2009	119	201	46.77	3.59	$6,287
Mar 2009	0	55	42.14	4.06	$223
Feb 2009	1	113	32.81	4.63	$556
Jan 2009	1	7	35.86	5.37	$73
Dec 2008	0	216	37.10	5.98	$1,291
Nov 2008	0	235	55.49	6.86	$1,612
Oct 2008	0	113	75.24	6.92	$782
Sep 2008	0	187	101.76	7.88	$1,473
Aug 2008	61	342	114.22	8.48	$9,869
Jul 2008	0	161	131.08	11.39	$1,834
Jun 2008	0	187	131.33	13.03	$2,437
May 2008	0	201	123.17	11.57	$2,326
Apr 2008	0	402	110.31	10.45	$4,203
Mar 2008	82	259	101.90	9.66	$10,859
Feb 2008	50	370	92.53	8.77	$7,872
Jan 2008	0	88	90.38	8.21	$722
Dec 2007	0	189	88.33	7.30	$1,380
Nov 2007	0	227	91.67	7.29	$1,655
Oct 2007	37	98	82.85	6.92	$3,744
Sep 2007	43	206	75.84	6.24	$4,547
Aug 2007	0	249	69.06	6.39	$1,591
Jul 2007	0	237	70.90	6.39	$1,514
Jun 2007	0	763	62.00	7.55	$5,759
May 2007	0	53	58.74	7.85	$416
Apr 2007	0	855	59.61	7.81	$6,673
Mar 2007	0	496	56.92	7.30	$3,622
Feb 2007	0	296	55.10	8.22	$2,432
Jan 2007	0	346	50.30	6.73	$2,327
Dec 2006	0	590	56.65	6.92	$4,082
Nov 2006	30	407	54.20	7.62	$4,726
Oct 2006	0	1,371	54.90	6.01	$8,245
Sep 2006	0	914	60.08	5.04	$4,604
Aug 2006	0	946	68.71	7.34	$6,944
Jul 2006	0	913	69.37	6.34	$5,791
Jun 2006	0	1,233	66.28	6.38	$7,871
May 2006	0	1,054	66.01	6.42	$6,772
Apr 2006	0	1,421	64.39	7.36	$10,459
Mar 2006	0	1,701	56.70	7.08	$12,048
Feb 2006	0	1,575	57.59	7.75	$12,208

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 2020 — as filed, then multipliedworked

Condensate             1 bbl  × $ 30.34 =        $30
Gas                    0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                      $30

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/218705 is the state's own key, not one this site invented.