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 12193500CondensateGasSave
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

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.