BURNETT GAS UNIT

Operated by VERADO ENERGY, INC. (P-5 884563) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 96272District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$1.6 M
Jan 1993 – Nov 2020
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
335
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

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
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
CondensateDisposition1,080 bbl$25,555
GasProduction520,562 Mcf$1,621,195
Total$1,646,750

152,654 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2903, -94.6431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29031, -94.64305 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,608 ft
1 wells filed one
Completion to plug
39.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,608 ft.

Completions filed
Nov 1981
1 of 1 wells
Plug dates filed
Nov 2020
1 of 1 wells

Last completion to plug: a median of 39.0 years across the 1 well that filed both dates, with the middle half between 39.0 years and 39.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40131255110,608 ftNov 1981Nov 2020Yes

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 (335)

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

335 months

Nov 20200038.772.71$0
Oct 2020025536.972.48$632
Sep 20202124737.091.99$1,271
Aug 2020025239.982.39$601
Jul 2020027938.371.83$509
Jun 2020031734.901.69$536
May 2020036016.921.81$653
Apr 2020035414.751.80$639
Mar 2020036330.341.86$674
Feb 2020033349.881.98$660
Jan 2020036157.252.09$756
Dec 2019035759.012.30$823
Nov 2019035455.302.75$974
Oct 2019031553.472.42$762
Sep 2019025955.052.66$688
Aug 2019026053.112.30$599
Jul 2019041456.272.46$1,018
Jun 2019048352.782.49$1,203
May 2019055758.482.74$1,526
Apr 2019051362.632.75$1,411
Mar 2019049656.803.06$1,519
Feb 2019046550.852.79$1,298
Jan 2019048046.033.23$1,550
Dec 2018049846.594.19$2,084
Nov 2018045352.934.24$1,919
Oct 2018034261.443.40$1,162
Sep 2018027759.543.11$861
Aug 2018034859.403.07$1,067
Jul 2018031265.142.93$915
Jun 2018034960.183.08$1,074
May 2018039165.382.90$1,134
Apr 2018038663.842.90$1,120
Mar 2018041561.222.79$1,157
Feb 2018044161.782.77$1,220
Jan 2018036962.874.01$1,479
Dec 2017032857.272.92$958
Nov 2017029655.423.12$923
Oct 2017027749.292.98$826
Sep 2017026947.523.09$830
Aug 2017031745.373.00$952
Jul 2017031743.873.09$979
Jun 2017032242.493.09$994
May 2017032445.373.26$1,057
Apr 2017034447.933.21$1,105
Mar 2017038246.772.98$1,140
Feb 2017035150.452.95$1,036
Jan 2017033249.413.42$1,135
Dec 2016030848.763.72$1,147
Nov 2016046542.492.64$1,230
Oct 2016047246.193.09$1,459
Sep 2016042141.553.10$1,305
Aug 2016041441.442.92$1,211
Jul 2016039741.622.92$1,161
Jun 2016043145.352.69$1,158
May 2016049542.521.99$986
Apr 2016048336.561.99$962
Mar 2016049433.011.79$886
Feb 2016046126.472.06$951
Jan 2016054827.352.36$1,296
Dec 2015051232.362.00$1,025
Nov 2015048938.792.17$1,060
Oct 2015043943.552.43$1,065
Sep 2015046042.992.76$1,269
Aug 2015042540.162.87$1,221
Jul 2015041148.152.95$1,210
Jun 2015036956.152.88$1,064
May 2015039455.212.96$1,164
Apr 2015038749.822.71$1,047
Mar 2015044242.892.93$1,297
Feb 2015043644.662.98$1,298
Jan 2015050943.433.10$1,578
Dec 2014053154.693.59$1,907
Nov 2014053870.464.25$2,287
Oct 2014057478.303.90$2,239
Sep 2014083486.164.05$3,374
Aug 2014054789.394.04$2,207
Jul 2014043996.564.18$1,835
Jun 2014043298.164.74$2,046
May 2014043694.734.73$2,061
Apr 2014043495.944.81$2,087
Mar 2014040395.895.06$2,038
Feb 2014046497.406.19$2,873
Jan 2014045290.404.86$2,197
Dec 2013042591.824.35$1,851
Nov 2013043288.853.74$1,615
Oct 2013043497.423.78$1,640
Sep 20131506104.113.72$1,985
Aug 20130532104.253.52$1,874
Jul 20130572102.523.72$2,127
Jun 2013079994.403.93$3,143
May 2013091294.834.15$3,784
Apr 2013074993.964.28$3,208
Mar 2013065693.623.91$2,567
Feb 2013056191.233.42$1,919
Jan 2013070391.603.42$2,404
Dec 2012045286.773.42$1,546
Nov 2012093786.953.62$3,397
Oct 2012186089.383.40$3,013
Sep 2012056794.672.92$1,655
Aug 2012059292.662.91$1,722
Jul 2012056585.133.02$1,707
Jun 2012082979.822.52$2,088
May 2012074191.612.49$1,844
Apr 20120446101.652.00$891
Mar 20120354105.052.22$787
Feb 20120488101.102.57$1,254
Jan 2012048698.092.73$1,329
Dec 2011047496.873.24$1,536
Nov 2011067995.723.31$2,248
Oct 2011036984.983.65$1,346
Sep 2011032183.623.99$1,279
Aug 2011035883.404.15$1,485
Jul 2011050994.144.52$2,299
Jun 2011070792.904.64$3,280
May 2011067598.134.40$2,973
Apr 20110698105.964.33$3,025
Mar 2011070296.364.06$2,848
Feb 2011048985.644.18$2,044
Jan 2011071186.504.59$3,263
Dec 2010069985.734.35$3,039
Nov 2010171080.843.80$2,776
Oct 2010082478.103.51$2,891
Sep 2010074072.633.98$2,945
Aug 2010074173.684.42$3,275
Jul 2010057972.554.74$2,742
Jun 2010066670.364.91$3,270
May 2010093971.124.24$3,977
Apr 2010092281.694.12$3,801
Mar 2010091078.394.39$3,994
Feb 2010090573.585.44$4,925
Jan 2010095074.365.96$5,666
Dec 20097198171.445.48$10,452
Nov 200901,09074.593.75$4,089
Oct 200901,32972.544.11$5,463
Sep 200901,04365.543.06$3,197
Aug 2009092367.423.22$2,971
Jul 2009094761.133.46$3,281
Jun 2009092066.163.90$3,583
May 2009090654.743.93$3,557
Apr 2009097746.773.59$3,505
Mar 200901,09442.144.06$4,441
Feb 2009095632.814.63$4,429
Jan 200901,22335.865.37$6,569
Dec 200801,17637.105.98$7,029
Nov 200801,06555.496.86$7,306
Oct 2008075875.246.92$5,247
Sep 200801,043101.767.88$8,216
Aug 200801,127114.228.48$9,560
Jul 200801,202131.0811.39$13,690
Jun 200801,034131.3313.03$13,476
May 200801,009123.1711.57$11,678
Apr 20081969110.3110.45$10,241
Mar 200801,110101.909.66$10,727
Feb 2008071992.538.77$6,306
Jan 200801,11890.388.21$9,174
Dec 200711,24688.337.30$9,187
Nov 200701,19191.677.29$8,684
Oct 200701,38482.856.92$9,580
Sep 200701,44775.846.24$9,035
Aug 200701,53469.066.39$9,799
Jul 200701,50870.906.39$9,633
Jun 200701,49962.007.55$11,315
May 200701,53858.747.85$12,068
Apr 200701,45059.617.81$11,318
Mar 200711,68956.927.30$12,390
Feb 200701,48855.108.22$12,225
Jan 200701,24750.306.73$8,388
Dec 2006081656.656.92$5,645
Nov 2006093254.207.62$7,099
Oct 200602,28154.906.01$13,717
Sep 200602,26960.085.04$11,429
Aug 200602,26568.717.34$16,625
Jul 200601,76169.376.34$11,170
Jun 2006098666.286.38$6,295
May 2006092366.016.42$5,930
Apr 2006088564.397.36$6,514
Mar 200601,12656.707.08$7,975
Feb 2006094657.597.75$7,333
Jan 200601,34160.598.93$11,980
Dec 200501,60754.9413.42$21,559
Nov 200501,43654.6910.59$15,205
Oct 200501,33558.3413.80$18,417
Sep 200501,38861.4512.08$16,766
Aug 200501,47261.519.80$14,421
Jul 200501,57355.697.84$12,338
Jun 200501,44752.337.38$10,680
May 200501,58745.226.65$10,555
Apr 200501,29649.207.36$9,539
Mar 200501,33550.377.15$9,552
Feb 200501,30945.226.31$8,262
Jan 200501,52343.166.32$9,629
Dec 200401,31639.866.75$8,884
Nov 200401,43045.286.33$9,053
Oct 200401,53149.706.52$9,975
Sep 200401,48343.245.28$7,836
Aug 200401,50442.375.55$8,348
Jul 200401,41738.286.08$8,621
Jun 200401,54136.106.43$9,913
May 200401,16337.486.49$7,553
Apr 200401,47434.475.86$8,635
Mar 200401,40734.365.53$7,781
Feb 200401,13332.455.51$6,242
Jan 200401,62532.036.30$10,237
Dec 200301,55430.266.30$9,793
Nov 200301,61828.804.60$7,435
Oct 200301,65228.174.76$7,863
Sep 200301,50926.314.75$7,167
Aug 200301,53029.765.13$7,848
Jul 200301,66129.415.17$8,589
Jun 200301,52728.565.98$9,136
May 200301,57326.595.97$9,395
Apr 200301,89126.675.41$10,225
Mar 200301,84331.146.10$11,235
Feb 200301,70233.487.93$13,490
Jan 200301,84730.315.58$10,310
Dec 200202,09426.914.85$10,164
Nov 200202,14024.664.14$8,853
Oct 200202,18726.464.23$9,249
Sep 200202,19527.443.64$7,979
Aug 200202,26425.963.16$7,164
Jul 200202,01824.583.06$6,179
Jun 200201,97823.733.34$6,603
May 200201,99624.663.58$7,154
Apr 200201,76123.653.51$6,185
Mar 200201,81022.003.10$5,616
Feb 200201,43818.222.38$3,416
Jan 200201,77317.172.38$4,212
Dec 200102,17916.932.36$5,152
Nov 200102,20818.072.41$5,311
Oct 200102,33819.782.53$5,913
Sep 200102,08724.262.25$4,699
Aug 200103,24424.873.05$9,904
Jul 200103,27823.933.20$10,480
Jun 200103,14824.563.82$12,038
May 200103,32625.524.31$14,326
Apr 2001433,49524.685.34$19,708
Mar 200103,76224.545.38$20,226
Feb 200103,53227.755.77$20,369
Jan 200103,91727.478.40$32,898
Dec 200003,95926.889.12$36,116
Nov 200003,23132.215.66$18,281
Oct 2000562,87731.235.15$16,552
Sep 200032,21131.875.19$11,563
Aug 200032,85329.644.54$13,044
Jul 200052,41828.534.09$10,032
Jun 200043,04829.304.40$13,520
May 200003,37927.263.68$12,434
Apr 2000103,52724.513.12$11,235
Mar 200023,55828.422.86$10,232
Feb 2000232,20027.622.73$6,634
Jan 20001482,34225.272.48$9,549
Dec 199903,34124.282.42$8,098
Nov 199902,21123.192.43$5,382
Oct 199902,61020.982.80$7,318
Sep 199902,55521.752.62$6,691
Aug 199901,96619.262.88$5,653
Jul 199912,81717.892.37$6,701
Jun 199902,11215.942.36$4,989
May 199902,81615.792.32$6,536
Apr 199902,31015.102.21$5,101
Mar 199922,58812.471.84$4,783
Feb 199902,3539.981.82$4,277
Jan 199903,03110.381.90$5,759
Dec 199802,4639.201.77$4,368
Nov 199802,39410.892.19$5,233
Oct 199802,55612.421.97$5,033
Sep 199802,81112.592.08$5,854
Aug 1998362,70111.301.91$5,559
Jul 199802,77211.742.24$6,202
Jun 19981622,66911.242.24$7,792
May 199802,68612.622.21$5,926
Apr 1998382,62013.042.51$7,059
Mar 199803,03412.802.31$7,007
Feb 199832,95113.952.30$6,827
Jan 199802,32214.702.15$5,003
Dec 199732,82416.322.41$6,858
Nov 199702,02218.193.09$6,244
Oct 199712,94719.253.15$9,302
Sep 199702,88017.742.95$8,510
Aug 199703,09317.862.55$7,902
Jul 199702,86717.582.25$6,442
Jun 199712,86917.242.26$6,493
May 199702,61318.972.31$6,032
Apr 199702,79817.882.08$5,828
Mar 199703,04318.951.94$5,901
Feb 199701,96120.492.21$4,326
Jan 199702,68623.483.54$9,508
Dec 199602,74723.32$0
Nov 199602,82021.97$0
Oct 199603,10723.31$0
Sep 199602,92922.22$0
Aug 199603,26020.26$0
Jul 199603,66619.55$0
Jun 199602,97118.73$0
May 199603,45319.43$0
Apr 19961803,79721.51$3,872
Mar 199602,45719.38$0
Feb 199602,65816.98$0
Jan 199602,93017.07$0
Dec 199503,00017.19$0
Nov 199502,95316.00$0
Oct 199503,10415.43$0
Sep 199503,01016.18$0
Aug 199503,13015.92$0
Jul 199503,29115.24$0
Jun 1995643,19616.41$1,050
May 199503,41117.56$0
Apr 199503,19017.73$0
Mar 199503,24716.44$0
Feb 199503,24116.58$0
Jan 199503,66415.92$0
Dec 199412,98815.03$15
Nov 199403,25515.90$0
Oct 199403,63215.58$0
Sep 199403,32715.29$0
Aug 199403,34916.13$0
Jul 199403,25417.56$0
Jun 199403,62817.09$0
May 199403,74615.88$0
Apr 199403,25414.14$0
Mar 199403,34612.46$0
Feb 199403,26112.50$0
Jan 199403,64912.66$0
Dec 199302,47712.33$0
Nov 199302,50214.49$0
Oct 199303,48515.85$0
Sep 199303,60215.03$0
Aug 199303,09015.66$0
Jul 199303,36115.46$0
Jun 199302,88316.79$0
May 19931933,03317.68$3,412
Apr 199303,00818.05$0
Mar 199303,13218.14$0
Feb 199302,88717.90$0
Jan 199303,27316.93$0

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.

Oct 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 36.97 =         $0
Gas                  255 Mcf  × $  2.48 =       $632

────────────────────────────────────────────────────
Month total                                     $632

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/96272 is the state's own key, not one this site invented.