KING, WARREN GAS UNIT

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

Gas lease lease 223598District 06Field 340448002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jul 2006 – Apr 2019
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
154
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1975-06-21
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 40 acres. The field rule took effect on 2007-03-06.

The Commission's schedule remark for this field reads: DOCKET #06-0250025.

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 Gas112007-11-19177307
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
CondensateDisposition6,109 bbl$471,782
GasProduction189,582 Mcf$1,253,885
Total$1,725,667

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 31.7998, -94.4507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79978, -94.45066 · 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
9,525 ft
1 wells filed one
Completion to plug
11.1 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 9,525 ft.

Completions filed
Jul 2007
1 of 1 wells
Plug dates filed
Aug 2018
1 of 1 wells

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3473226319,525 ftJul 2007Aug 2018Yes

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 (154)

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

154 months

Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018120059.543.11$7,145
Aug 20180059.403.07$0
Jul 2018023365.142.93$683
Jun 2018010460.183.08$320
May 2018014665.382.90$424
Apr 2018016263.842.90$470
Mar 2018011461.222.79$318
Feb 2018014161.782.77$390
Jan 2018014562.874.01$581
Dec 201717018257.272.92$10,268
Nov 2017017855.423.12$555
Oct 2017017349.292.98$516
Sep 2017019847.523.09$611
Aug 2017014245.373.00$427
Jul 2017023743.873.09$732
Jun 2017019142.493.09$590
May 2017013845.373.26$450
Apr 2017017847.933.21$572
Mar 2017017046.772.98$507
Feb 2017013350.452.95$393
Jan 2017011249.413.42$383
Dec 20168719648.763.72$4,972
Nov 2016023242.492.64$613
Oct 2016018846.193.09$581
Sep 201607041.553.10$217
Aug 2016019041.442.92$556
Jul 201617218541.622.92$7,700
Jun 2016014945.352.69$400
May 2016012642.521.99$251
Apr 2016014136.561.99$281
Mar 2016018333.011.79$328
Feb 2016016326.472.06$336
Jan 2016017427.352.36$411
Dec 2015018632.362.00$372
Nov 2015018838.792.17$407
Oct 2015022243.552.43$539
Sep 2015019642.992.76$541
Aug 2015020740.162.87$595
Jul 201515118348.152.95$7,810
Jun 2015017656.152.88$507
May 2015018455.212.96$544
Apr 2015032049.822.71$866
Mar 2015023342.892.93$684
Feb 2015018644.662.98$554
Jan 201518419943.433.10$8,608
Dec 201409854.693.59$352
Nov 2014024270.464.25$1,029
Oct 2014023578.303.90$917
Sep 2014021986.164.05$886
Aug 2014022889.394.04$920
Jul 2014019896.564.18$828
Jun 2014021698.164.74$1,023
May 2014022994.734.73$1,082
Apr 201418520695.944.81$18,740
Mar 2014025495.895.06$1,284
Feb 2014022597.406.19$1,393
Jan 2014024090.404.86$1,167
Dec 2013226791.824.35$1,346
Nov 2013027588.853.74$1,028
Oct 2013028397.423.78$1,070
Sep 20130248104.113.72$922
Aug 20130281104.253.52$990
Jul 20130276102.523.72$1,026
Jun 2013027294.403.93$1,070
May 2013041294.834.15$1,709
Apr 201315839093.964.28$16,516
Mar 2013042493.623.91$1,659
Feb 2013024091.233.42$821
Jan 2013021791.603.42$742
Dec 2012032786.773.42$1,118
Nov 2012031386.953.62$1,135
Oct 2012032189.383.40$1,091
Sep 2012029294.672.92$852
Aug 2012032692.662.91$948
Jul 2012032385.133.02$976
Jun 201217422379.822.52$14,450
May 2012018891.612.49$468
Apr 20120226101.652.00$451
Mar 20120311105.052.22$691
Feb 20120339101.102.57$871
Jan 201216432598.092.73$16,975
Dec 2011025896.873.24$836
Nov 2011038595.723.31$1,275
Oct 2011032284.983.65$1,175
Sep 2011047383.623.99$1,885
Aug 2011041383.404.15$1,714
Jul 2011046894.144.52$2,114
Jun 2011028292.904.64$1,308
May 201116739698.134.40$18,132
Apr 20110383105.964.33$1,660
Mar 201117538296.364.06$18,413
Feb 2011035985.644.18$1,501
Jan 20110086.504.59$0
Dec 2010051785.734.35$2,248
Nov 2010058280.843.80$2,209
Oct 2010068178.103.51$2,390
Sep 2010072372.633.98$2,877
Aug 201017478673.684.42$16,294
Jul 2010065772.554.74$3,112
Jun 2010063870.364.91$3,133
May 20100071.124.24$0
Apr 201016151181.694.12$15,259
Mar 2010051178.394.39$2,243
Feb 2010042173.585.44$2,291
Jan 201016057274.365.96$15,309
Dec 2009065371.445.48$3,581
Nov 2009062674.593.75$2,348
Oct 200917590572.544.11$16,414
Sep 200901,64765.543.06$5,048
Aug 200901,89067.423.22$6,083
Jul 200902,06761.133.46$7,161
Jun 20091831,78266.163.90$19,048
May 200901,13754.743.93$4,464
Apr 200901,50146.773.59$5,385
Mar 20091752,42942.144.06$17,234
Feb 200912,27232.814.63$10,559
Jan 20091811,96835.865.37$17,061
Dec 200811,97037.105.98$11,812
Nov 200802,25755.496.86$15,484
Oct 20081522,36375.246.92$27,793
Sep 200802,950101.767.88$23,237
Aug 20081773,140114.228.48$46,854
Jul 200813,361131.0811.39$38,411
Jun 20081763,619131.3313.03$70,279
May 200824,092123.1711.57$47,608
Apr 200814,542110.3110.45$47,596
Mar 20081755,233101.909.66$68,405
Feb 20081675,64292.538.77$64,936
Jan 20081716,76190.388.21$70,934
Dec 20071774,29788.337.30$47,011
Nov 20071718,27191.677.29$75,985
Oct 200735713,27082.856.92$121,432
Sep 200753517,49875.846.24$149,835
Aug 200771426,26269.066.39$217,069
Jul 2007093570.906.39$5,973
Jun 2007031862.007.55$2,400
May 2007171458.747.85$5,661
Apr 200702,12159.617.81$16,555
Mar 200702,30356.927.30$16,816
Feb 200701,31455.108.22$10,796
Jan 200702,39750.306.73$16,124
Dec 200601,88056.656.92$13,007
Nov 200601,83954.207.62$14,009
Oct 200602,12054.906.01$12,749
Sep 200632,54460.085.04$12,995
Aug 200622,60568.717.34$19,258
Jul 200676,12469.376.34$39,329

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 2018 — as filed, then multipliedworked
Condensate           120 bbl  × $ 59.54 =     $7,145
Gas                    0 Mcf  × $  3.11 =         $0

────────────────────────────────────────────────────
Month total                                   $7,145

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/223598 is the state's own key, not one this site invented.