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HANCOCK

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 288928District 06Field 12193500CondensateGasSaveExport
Value, all time
$76.4 M
Jan 2020 – May 2026
Value, last 12 filed months
$3.7 M
at the published price for each month
Months reported
77
no gaps in the span
Streams
2
condensate, gas

The BROOKELAND (AUSTIN CHALK, 8800) 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 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
CondensateDisposition861,727 bbl$53,021,413
GasProduction6,612,688 Mcf$23,371,966
Total$76,393,379

Every month this lease reported (77)

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

77 months

May 20262,73924,697106.413.05$366,680
Apr 20262,32926,67198.932.87$306,946
Mar 20262,42326,96489.753.15$302,386
Feb 20262,68326,14663.503.75$268,426
Jan 20262,93930,24959.138.00$415,712
Dec 20252,63030,41556.664.41$283,248
Nov 20253,08330,33158.593.93$299,726
Oct 20252,94532,73559.383.30$283,058
Sep 20252,87732,54462.743.08$280,638
Aug 20252,86531,68563.933.01$278,682
Jul 20253,09230,35066.743.32$306,976
Jun 20252,92729,19366.483.13$285,924
May 20253,60432,24060.553.23$322,432
Apr 20251,61317,93762.363.54$164,140
Mar 20253,39433,12267.704.27$371,149
Feb 20253,34929,51870.884.34$365,510
Jan 20253,47637,09474.324.28$417,050
Dec 20243,73835,74768.993.12$369,464
Nov 20243,36137,18769.052.20$313,830
Oct 20243,92839,25471.372.28$369,895
Sep 20244,19444,13569.612.36$396,295
Aug 20243,44935,61975.632.06$334,352
Jul 20244,17342,46779.932.15$424,707
Jun 20244,06140,56178.082.63$423,920
May 20244,69243,21178.812.20$464,773
Apr 20244,22338,30684.451.66$420,190
Mar 20243,26028,31180.301.55$305,522
Feb 20244,55638,45876.091.78$415,261
Jan 20244,10337,13873.023.30$422,070
Dec 20234,30435,43371.262.61$399,209
Nov 20232,32926,42077.892.81$255,582
Oct 20234,90252,31685.443.09$580,341
Sep 20234,72552,04689.042.74$563,062
Aug 20235,11256,56880.522.67$562,818
Jul 20235,67157,32074.852.64$575,902
Jun 20235,66952,64768.962.26$509,836
May 20232,53922,90670.622.23$230,325
Apr 20232,95728,43478.122.24$294,629
Mar 20235,28158,29372.852.39$524,225
Feb 20236,90369,68575.112.47$690,305
Jan 20232,93725,49676.533.39$311,142
Dec 20226,65573,23276.415.73$928,061
Nov 20226,56067,06085.005.65$936,234
Oct 20227,59550,85787.185.86$960,345
Sep 20229,60483,66384.888.16$1,498,185
Aug 20229,32472,21994.529.13$1,540,459
Jul 20229,820103,850101.587.54$1,780,761
Jun 20229,40688,653115.097.98$1,789,739
May 20225,15534,038109.378.43$850,846
Apr 202212,13895,135104.226.84$1,915,517
Mar 202213,449104,483108.885.08$1,994,725
Feb 202211,963100,89591.054.86$1,579,464
Jan 202214,163118,63181.844.54$1,697,409
Dec 202114,837125,76671.323.90$1,548,552
Nov 202116,067129,96677.435.24$1,924,680
Oct 202117,004135,92979.795.71$2,133,430
Sep 202118,250141,47469.865.35$2,031,961
Aug 202121,218162,42966.024.22$2,086,359
Jul 202124,088181,95070.783.98$2,429,488
Jun 202124,234193,76269.493.38$2,339,056
May 202130,931238,58663.483.02$2,683,474
Apr 202130,688234,92660.362.76$2,500,352
Mar 202139,758256,76961.302.72$3,134,791
Feb 202120,363136,45157.805.55$1,934,005
Jan 202136,312248,74450.412.81$2,529,526
Dec 202039,745260,12444.642.68$2,470,168
Nov 202041,002268,68738.772.71$2,316,868
Oct 202018,924118,41536.972.48$993,104
Sep 202010,42065,17437.091.99$516,242
Aug 202037,973247,64839.982.39$2,108,826
Jul 202026,884178,64438.371.83$1,357,586
Jun 202012,73572,98934.901.69$567,826
May 202003,99316.921.81$7,246
Apr 202013,82584,09214.751.80$355,653
Mar 202044,309271,02830.341.86$1,847,425
Feb 202043,721275,08849.881.98$2,725,662
Jan 202012,57287,48957.252.09$903,014

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         2,739 bbl  × $106.41 =   $291,457
Gas               24,697 Mcf  × $  3.05 =    $75,223

────────────────────────────────────────────────────
Month total                                 $366,680

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/288928 is the state's own key, not one this site invented.