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 293244District 06Field 12193500CondensateGasSave
Value, all time
$49.7 M
Jun 2022 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
48
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
CondensateDisposition438,526 bbl$36,076,123
GasProduction2,901,604 Mcf$13,604,214
Total$49,680,336

Every month this lease reported (48)

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

48 months

May 20262,50319,191106.413.05$324,797
Apr 20262,52019,55998.932.87$305,432
Mar 20262,32819,72789.753.15$271,067
Feb 20262,30917,67863.503.75$212,920
Jan 20262,91124,10059.138.00$364,877
Dec 20252,33418,78756.664.41$215,158
Nov 20252,36618,94758.593.93$213,018
Oct 20252,91725,40059.383.30$257,154
Sep 20252,65625,00262.743.08$243,567
Aug 20253,22223,79863.933.01$277,728
Jul 20252,88625,54066.743.32$277,282
Jun 20253,33827,45666.483.13$307,812
May 20253,44926,26960.553.23$293,747
Apr 20252,94724,31162.363.54$269,912
Mar 20253,97631,25167.704.27$402,564
Feb 20253,13727,14870.884.34$340,196
Jan 20254,29733,70474.324.28$463,562
Dec 20244,33132,73168.993.12$400,961
Nov 20244,47434,42869.052.20$384,618
Oct 20244,99436,49071.372.28$439,670
Sep 20245,00836,29869.612.36$434,428
Aug 20244,49235,76875.632.06$413,542
Jul 20245,10236,27779.932.15$485,675
Jun 20245,03134,96778.082.63$484,923
May 20245,42833,77378.812.20$502,029
Apr 20245,74236,45284.451.66$545,393
Mar 20246,29840,45480.301.55$568,236
Feb 20245,94539,61876.091.78$523,019
Jan 20246,73445,40873.023.30$641,457
Dec 20237,77852,08471.262.61$690,237
Nov 20237,54853,03877.892.81$736,821
Oct 202310,57553,60885.443.09$1,069,031
Sep 202310,28957,64189.042.74$1,073,783
Aug 20239,76661,37180.522.67$950,396
Jul 202310,76262,67574.852.64$971,111
Jun 20239,79660,60568.962.26$812,407
May 20237,22047,32270.622.23$615,281
Apr 20237,16640,56578.122.24$650,583
Mar 202317,874108,24472.852.39$1,561,166
Feb 202317,261104,53375.112.47$1,554,219
Jan 20235,57329,92976.533.39$527,893
Dec 202224,217141,78376.415.73$2,662,707
Nov 202232,574212,30685.005.65$3,967,512
Oct 202241,644288,05287.185.86$5,319,592
Sep 202228,627186,21784.888.16$3,950,076
Aug 202217,570115,39494.529.13$2,713,936
Jul 202246,441290,387101.587.54$6,907,599
Jun 202212,17085,318115.097.98$2,081,244

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         2,503 bbl  × $106.41 =   $266,344
Gas               19,191 Mcf  × $  3.05 =    $58,453

────────────────────────────────────────────────────
Month total                                 $324,797

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/293244 is the state's own key, not one this site invented.