WEIR ESTATE

Operated by BURK ROYALTY CO., LTD. (P-5 108799) 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 258072District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Mar 2010 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
195
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 Gas112012-07-18204814
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
CondensateDisposition2,889 bbl$229,472
GasProduction236,821 Mcf$909,015
Total$1,138,487

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 32.1963, -94.5404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19634, -94.54038 · 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
10,306 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 10,306 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-36537581310,306 ftApr 2010

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 (195)

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

195 months

May 2026063106.413.05$192
Apr 2026012598.932.87$359
Mar 202608289.753.15$258
Feb 202602263.503.75$83
Jan 2026011659.138.00$928
Dec 2025010656.664.41$468
Nov 202509158.593.93$357
Oct 2025011359.383.30$373
Sep 20251425162.743.08$9,066
Aug 2025011963.933.01$359
Jul 20250966.743.32$30
Jun 20250066.483.13$0
May 202503560.553.23$113
Apr 2025015962.363.54$563
Mar 202509967.704.27$423
Feb 2025028770.884.34$1,246
Jan 2025013874.324.28$590
Dec 2024011568.993.12$359
Nov 2024019469.052.20$427
Oct 2024019871.372.28$452
Sep 2024020769.612.36$489
Aug 2024020675.632.06$425
Jul 2024056379.932.15$1,209
Jun 202405978.082.63$155
May 2024023878.812.20$523
Apr 2024044084.451.66$730
Mar 202402480.301.55$37
Feb 202403376.091.78$59
Jan 202409373.023.30$307
Dec 2023422971.262.61$883
Nov 2023018577.892.81$519
Oct 2023034485.443.09$1,062
Sep 2023081889.042.74$2,237
Aug 2023053980.522.67$1,441
Jul 2023051074.852.64$1,347
Jun 202301768.962.26$38
May 2023014270.622.23$316
Apr 2023017078.122.24$380
Mar 2023012672.852.39$302
Feb 2023024275.112.47$597
Jan 2023037776.533.39$1,277
Dec 2022030476.415.73$1,742
Nov 2022052485.005.65$2,959
Oct 2022095887.185.86$5,617
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
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 2020026849.881.98$531
Jan 2020029557.252.09$618
Dec 2019025259.012.30$581
Nov 2019015255.302.75$418
Oct 2019032453.472.42$784
Sep 2019029955.052.66$795
Aug 2019032053.112.30$737
Jul 2019023156.272.46$568
Jun 2019013252.782.49$329
May 2019023158.482.74$633
Apr 2019018662.632.75$512
Mar 2019018456.803.06$563
Feb 2019028650.852.79$799
Jan 2019013446.033.23$433
Dec 20182929346.594.19$2,577
Nov 201804552.934.24$191
Oct 20184022561.443.40$3,222
Sep 2018024759.543.11$768
Aug 2018015059.403.07$460
Jul 201805865.142.93$170
Jun 201803260.183.08$98
May 201803065.382.90$87
Apr 201808063.842.90$232
Mar 2018055461.222.79$1,544
Feb 201806761.782.77$185
Jan 2018017162.874.01$686
Dec 2017014057.272.92$409
Nov 2017013955.423.12$433
Oct 2017013849.292.98$412
Sep 2017011347.523.09$349
Aug 2017020445.373.00$613
Jul 2017030343.873.09$935
Jun 2017031442.493.09$969
May 20179432845.373.26$5,335
Apr 2017032747.933.21$1,050
Mar 2017044146.772.98$1,316
Feb 2017044850.452.95$1,323
Jan 2017029149.413.42$995
Dec 2016057348.763.72$2,133
Nov 2016035342.492.64$933
Oct 201601,39546.193.09$4,311
Sep 2016060041.553.10$1,860
Aug 2016071541.442.92$2,091
Jul 2016049841.622.92$1,456
Jun 20166672345.352.69$4,935
May 2016099142.521.99$1,973
Apr 2016060436.561.99$1,203
Mar 2016059933.011.79$1,075
Feb 2016057826.472.06$1,193
Jan 2016061527.352.36$1,454
Dec 2015064432.362.00$1,289
Nov 201501,21938.792.17$2,642
Oct 2015086943.552.43$2,109
Sep 2015091642.992.76$2,527
Aug 2015061540.162.87$1,767
Jul 2015075448.152.95$2,221
Jun 2015072856.152.88$2,099
May 2015075155.212.96$2,220
Apr 201501,73849.822.71$4,704
Mar 20151521,80142.892.93$11,805
Feb 201501,80944.662.98$5,384
Jan 201512,06543.433.10$6,446
Dec 201402,01954.693.59$7,251
Nov 201402,31870.464.25$9,856
Oct 201412,67878.303.90$10,525
Sep 201452,94686.164.05$12,349
Aug 201433,05689.394.04$12,600
Jul 201422,99896.564.18$12,724
Jun 201442,93498.164.74$14,291
May 20141732,04994.734.73$26,073
Apr 201401,82095.944.81$8,753
Mar 201421,62095.895.06$8,384
Feb 201401,46897.406.19$9,090
Jan 201401,36190.404.86$6,615
Dec 201303,60791.824.35$15,707
Nov 201321,73888.853.74$6,675
Oct 201331,73897.423.78$6,861
Sep 201312,421104.113.72$9,105
Aug 201322,299104.253.52$8,307
Jul 201332,025102.523.72$7,836
Jun 20131881,99594.403.93$25,594
May 201352,97194.834.15$12,801
Apr 201383,06093.964.28$13,856
Mar 201394,07893.623.91$16,799
Feb 201303,29991.233.42$11,282
Jan 20131913,61691.603.42$29,862
Dec 201202,60286.773.42$8,899
Nov 201203,15586.953.62$11,437
Oct 201202,49589.383.40$8,482
Sep 201202,36394.672.92$6,896
Aug 201203,05992.662.91$8,896
Jul 201202,98985.133.02$9,029
Jun 201213,32779.822.52$8,461
May 201203,24691.612.49$8,077
Apr 201202,576101.652.00$5,144
Mar 20121931,241105.052.22$23,032
Feb 201201,449101.102.57$3,724
Jan 201201,88298.092.73$5,146
Dec 201102,19096.873.24$7,095
Nov 201102,54195.723.31$8,414
Oct 201103,06284.983.65$11,172
Sep 20111853,36183.623.99$28,866
Aug 201104,11083.404.15$17,054
Jul 201104,41294.144.52$19,930
Jun 201104,16892.904.64$19,339
May 201104,52998.134.40$19,949
Apr 20111554,172105.964.33$34,502
Mar 201104,81196.364.06$19,520
Feb 20111894,48685.644.18$34,937
Jan 20111048,63086.504.59$48,597
Dec 201002,11285.734.35$9,182
Nov 20100080.843.80$0
Oct 201001878.103.51$63
Sep 201005,12272.633.98$20,383
Aug 20101827,38073.684.42$46,025
Jul 20101878,56172.554.74$54,116
Jun 20101859,20470.364.91$58,212
May 201018911,89571.124.24$63,820
Apr 201018910,59381.694.12$59,111
Mar 2010091178.394.39$3,998

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                   63 Mcf  × $  3.05 =       $192

────────────────────────────────────────────────────
Month total                                     $192

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/258072 is the state's own key, not one this site invented.