LONGHORN

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224743District 06Field 12193500CondensateGasSaveExport
Value, all time
$38.1 M
Jun 2006 – May 2026
Value, last 12 filed months
$143 k
at the published price for each month
Months reported
240
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 488 leases and 597 wells, and the rule below applies to all of them.

Discovered
1983-06-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 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 2009-10-22.

The Commission's schedule remark for this field reads: ACRES. DOCKET EFFECTIVE 10-22-09.

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
CondensateDisposition221,498 bbl$15,428,782
GasProduction3,680,054 Mcf$22,632,151
Total$38,060,934

Every month this lease reported (240)

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

240 months

May 20261821,218106.413.05$23,076
Apr 202631,29698.932.87$4,016
Mar 20261791,35889.753.15$20,342
Feb 202611,37963.503.75$5,235
Jan 20261861,26359.138.00$21,100
Dec 202531,21556.664.41$5,532
Nov 20251831,35958.593.93$16,058
Oct 202551,52459.383.30$5,333
Sep 20251791,48962.743.08$15,812
Aug 20251801,59763.933.01$16,322
Jul 202531,80366.743.32$6,178
Jun 202521,13466.483.13$3,681
May 20251821,37760.553.23$15,471
Apr 20251831,72962.363.54$17,538
Mar 20251812,28467.704.27$22,003
Feb 202552,73270.884.34$12,214
Jan 20253713,00674.324.28$40,434
Dec 20243725,70068.993.12$43,456
Nov 20241904,92769.052.20$23,951
Oct 202411,15571.372.28$2,706
Sep 202401,48669.612.36$3,513
Aug 2024046775.632.06$964
Jul 2024044579.932.15$955
Jun 2024042878.082.63$1,127
May 2024043878.812.20$963
Apr 2024042784.451.66$708
Mar 2024042980.301.55$663
Feb 2024043376.091.78$772
Jan 2024044673.023.30$1,471
Dec 2023043671.262.61$1,138
Nov 2023042377.892.81$1,188
Oct 2023044685.443.09$1,377
Sep 2023041289.042.74$1,127
Aug 2023040480.522.67$1,080
Jul 2023039974.852.64$1,054
Jun 2023037568.962.26$847
May 2023037570.622.23$835
Apr 2023037778.122.24$844
Mar 2023037872.852.39$905
Feb 2023033475.112.47$824
Jan 2023040176.533.39$1,358
Dec 2022035576.415.73$2,034
Nov 2022035585.005.65$2,004
Oct 202201,19787.185.86$7,019
Sep 202202,24484.888.16$18,319
Aug 202202,27794.529.13$20,783
Jul 202201,234101.587.54$9,307
Jun 202201,007115.097.98$8,033
May 20220619109.378.43$5,220
Apr 202200104.226.84$0
Mar 20220119108.885.08$604
Feb 202203691.054.86$175
Jan 20220581.844.54$23
Dec 20210271.323.90$8
Nov 202117995677.435.24$18,866
Oct 202101,87679.795.71$10,719
Sep 20211771,50369.865.35$20,408
Aug 20211811,82966.024.22$19,669
Jul 20211821,18470.783.98$17,597
Jun 202101,14469.493.38$3,867
May 20211821,19263.483.02$15,150
Apr 2021063560.362.76$1,752
Mar 20211801,43661.302.72$14,936
Feb 20211822,43357.805.55$24,018
Jan 20211802,73850.412.81$16,768
Dec 20201861,92844.642.68$13,461
Nov 202001,64938.772.71$4,463
Oct 20201831,71936.972.48$11,026
Sep 20201771,83537.091.99$10,218
Aug 202001,63239.982.39$3,892
Jul 20201831,56438.371.83$9,876
Jun 20201781,39634.901.69$8,572
May 202001,28516.921.81$2,332
Apr 20201781,21114.751.80$4,811
Mar 20201771,18830.341.86$7,575
Feb 2020084949.881.98$1,682
Jan 20201801,56257.252.09$13,577
Dec 20191821,78859.012.30$14,860
Nov 20191791,58255.302.75$14,250
Oct 201901,80653.472.42$4,368
Sep 20191771,69355.052.66$14,243
Aug 20191761,11253.112.30$11,910
Jul 20191751,12556.272.46$12,615
Jun 201917646552.782.49$10,448
May 201917666258.482.74$12,107
Apr 201917687562.632.75$13,430
Mar 20191791,27856.803.06$14,081
Feb 20191781,86050.852.79$14,245
Jan 201901,80546.033.23$5,827
Dec 201818154246.594.19$10,701
Nov 201817987652.934.24$13,186
Oct 20181781,74261.443.40$16,856
Sep 20181771,82259.543.11$16,201
Aug 20181771,97359.403.07$16,564
Jul 20181772,52965.142.93$18,945
Jun 20183512,38760.183.08$28,468
May 201802,62465.382.90$7,612
Apr 20181742,62163.842.90$18,711
Mar 20181802,72061.222.79$18,600
Feb 20183564,63961.782.77$34,826
Jan 20181833,72362.874.01$26,432
Dec 20171792,33957.272.92$17,085
Nov 20171803,54055.423.12$21,015
Oct 20173553,80649.292.98$28,854
Sep 201701,47847.523.09$4,563
Aug 20170045.373.00$0
Jul 20173603,54643.873.09$26,741
Jun 20173554,58442.493.09$29,236
May 20173645,03245.373.26$32,936
Apr 20171814,56747.933.21$23,343
Mar 20173564,71946.772.98$30,730
Feb 20171854,52350.452.95$22,688
Jan 20175345,28349.413.42$44,446
Dec 20161805,43648.763.72$29,014
Nov 20163545,61342.492.64$29,884
Oct 20163645,59446.193.09$34,100
Sep 20163715,50841.553.10$32,493
Aug 20163635,62441.442.92$31,489
Jul 20163785,07841.622.92$30,582
Jun 20163645,01945.352.69$29,988
May 20163645,33242.521.99$26,094
Apr 20161785,33636.561.99$17,132
Mar 20165335,92033.011.79$28,215
Feb 20161805,67426.472.06$16,474
Jan 20165426,36827.352.36$29,880
Dec 20153576,43132.362.00$24,424
Nov 20153567,03438.792.17$29,054
Oct 20153586,80743.552.43$32,109
Sep 20153656,36842.992.76$33,257
Aug 20155326,41240.162.87$39,784
Jul 20153336,59548.152.95$35,457
Jun 20153666,41956.152.88$39,056
May 20153576,24955.212.96$38,179
Apr 20153516,56249.822.71$35,247
Mar 20155076,86642.892.93$41,895
Feb 20153606,30444.662.98$34,840
Jan 20157056,80643.433.10$51,721
Dec 20141807,25354.693.59$35,892
Nov 20143526,88670.464.25$54,080
Oct 20145367,06378.303.90$69,521
Sep 20145236,90286.164.05$72,983
Aug 20143536,62189.394.04$58,271
Jul 20143557,33096.564.18$64,915
Jun 20147067,19098.164.74$103,359
May 20143517,63994.734.73$69,356
Apr 20145307,55995.944.81$87,200
Mar 20143597,61495.895.06$72,927
Feb 20145426,57297.406.19$93,485
Jan 20145446,43790.404.86$80,466
Dec 20133617,22291.824.35$64,595
Nov 20135437,38988.853.74$75,868
Oct 20135377,82997.423.78$81,903
Sep 20135337,663104.113.72$83,980
Aug 20135288,226104.253.52$84,021
Jul 20137068,115102.523.72$102,549
Jun 20133567,92794.403.93$64,787
May 20135388,59294.834.15$86,667
Apr 20135398,12293.964.28$85,428
Mar 20133608,82793.623.91$68,242
Feb 20136928,16391.233.42$91,048
Jan 20135229,41991.603.42$80,027
Dec 20125299,14186.773.42$77,165
Nov 20125439,13386.953.62$80,321
Oct 20125339,79889.383.40$80,950
Sep 20127089,10694.672.92$93,601
Aug 20123539,84392.662.91$61,334
Jul 20126699,40885.133.02$85,372
Jun 20127039,35679.822.52$79,682
May 201252810,24691.612.49$73,865
Apr 201253210,381101.652.00$74,807
Mar 201270810,540105.052.22$97,796
Feb 20125399,731101.102.57$79,504
Jan 201271611,11398.092.73$100,616
Dec 201171711,30596.873.24$106,081
Nov 201171510,66495.723.31$103,751
Oct 201170311,32984.983.65$101,075
Sep 201188511,13683.623.99$118,390
Aug 201171111,43383.404.15$106,737
Jul 201188711,71894.144.52$136,435
Jun 201171011,69592.904.64$120,222
May 201171612,00798.134.40$123,150
Apr 201189711,954105.964.33$146,846
Mar 201171312,60196.364.06$119,831
Feb 201171911,61685.644.18$110,130
Jan 20111,08712,64886.504.59$152,064
Dec 201072412,57185.734.35$116,724
Nov 201071712,60680.843.80$105,806
Oct 201088513,15178.103.51$115,264
Sep 201089113,33872.633.98$117,792
Aug 201088114,11473.684.42$127,287
Jul 201088814,61772.554.74$133,658
Jun 20101,07113,17970.364.91$140,070
May 201071514,91971.124.24$114,036
Apr 201088215,11781.694.12$134,373
Mar 20101,43716,56978.394.39$185,362
Feb 201072215,18073.585.44$135,740
Jan 20101,07917,32274.365.96$183,544
Dec 20091,08616,77071.445.48$169,546
Nov 20091,07716,99174.593.75$144,075
Oct 20091,24918,49272.544.11$166,609
Sep 20093556,51665.543.06$43,237
Aug 20091,06119,61667.423.22$134,667
Jul 20091,39120,21461.133.46$155,063
Jun 20091,24119,29666.163.90$157,262
May 20091,24722,02454.743.93$154,722
Apr 20091,78722,81746.773.59$165,434
Mar 20091,22624,40842.144.06$150,736
Feb 20091,58322,79632.814.63$157,552
Jan 20091,43328,41135.865.37$203,983
Dec 20081,45928,47837.105.98$224,346
Nov 20081,79330,90755.496.86$311,527
Oct 20081,94233,99975.246.92$381,456
Sep 200890515,051101.767.88$210,651
Aug 20081,93130,780114.228.48$481,666
Jul 20082,12234,569131.0811.39$671,873
Jun 20082,30135,114131.3313.03$759,818
May 20082,12940,325123.1711.57$728,962
Apr 20082,31040,420110.3110.45$677,402
Mar 20082,31444,204101.909.66$662,987
Feb 20082,72342,75192.538.77$626,910
Jan 20082,71144,75990.388.21$612,300
Dec 20073,05355,01688.337.30$671,397
Nov 20073,23959,64991.677.29$731,862
Oct 20073,89467,07582.856.92$786,910
Sep 20073,71971,86675.846.24$730,792
Aug 20073,88377,97369.066.39$766,247
Jul 20075,15692,95070.906.39$959,319
Jun 20074,89385,99262.007.55$952,472
May 20075,13595,98558.747.85$1,054,755
Apr 20075,04887,53759.617.81$984,155
Mar 20075,91394,18456.927.30$1,024,297
Feb 20076,492114,38655.108.22$1,297,505
Jan 20078,472142,66750.306.73$1,385,841
Dec 20068,794145,99156.656.92$1,508,210
Nov 20069,855163,89754.207.62$1,782,623
Oct 200610,352167,51354.906.01$1,575,714
Sep 200610,162171,15160.085.04$1,472,655
Aug 200612,454197,92568.717.34$2,308,468
Jul 20068,165132,80769.376.34$1,408,769
Jun 20062,75456,11866.286.38$540,786

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           182 bbl  × $106.41 =    $19,367
Gas                1,218 Mcf  × $  3.05 =     $3,710

────────────────────────────────────────────────────
Month total                                  $23,076

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/224743 is the state's own key, not one this site invented.