MACKEY, BILL

Operated by BURK ROYALTY COMPANY (P-5 108800) in the WILLOW SPRINGS (COTTON VALLEY,W) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 96861District 06Field 97752110NGPA filingCondensateGasSaveExport
Value, all time
$94 k
Jan 1993 – Nov 2001
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
107
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 26 leases and 26 wells, and the rule below applies to all of them.

Discovered
1975-12-11
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2010-04-20.

The Commission's schedule remark for this field reads: SPRINGS (COTTON VALLEY) FIELD, ADMINISTRATIVE EFFECT DATE 5/1/14.

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
CondensateDisposition1,691 bbl$29,850
GasProduction144,999 Mcf$64,486
Total$94,336

119,988 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 32.5742, -94.7374. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57419, -94.73745 · 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
10,909 ft
1 wells filed one
Completion to plug
16 months
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 10,909 ft.

Completions filed
Apr 2002
1 of 1 wells
Plug dates filed
Aug 2003
1 of 1 wells

Last completion to plug: a median of 16 months across the 1 well that filed both dates, with the middle half between 16 months and 16 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18330447110,909 ftApr 2002Aug 2003Yes

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 (107)

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

107 months

Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200038026.889.12$1,021
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000052331.875.19$2,713
Aug 2000060529.644.54$2,747
Jul 2000034828.534.09$1,423
Jun 20001427429.304.40$1,615
May 200019229727.263.68$6,327
Apr 2000038624.513.12$1,203
Mar 2000032228.422.86$921
Feb 2000049127.622.73$1,339
Jan 2000070125.272.48$1,739
Dec 1999061024.282.42$1,478
Nov 1999072223.192.43$1,757
Oct 1999059820.982.80$1,677
Sep 1999064721.752.62$1,694
Aug 1999062819.262.88$1,806
Jul 1999039417.892.37$935
Jun 1999027915.942.36$659
May 1999030515.792.32$708
Apr 1999028915.102.21$638
Mar 1999037312.471.84$686
Feb 199906399.981.82$1,162
Jan 1999061610.381.90$1,170
Dec 199806029.201.77$1,068
Nov 1998043010.892.19$940
Oct 1998056412.421.97$1,111
Sep 1998040012.592.08$833
Aug 1998032311.301.91$616
Jul 1998043111.742.24$964
Jun 1998039311.242.24$879
May 1998054312.622.21$1,198
Apr 1998046613.042.51$1,167
Mar 1998045912.802.31$1,060
Feb 1998047513.952.30$1,092
Jan 1998078014.702.15$1,681
Dec 199710757116.322.41$3,123
Nov 1997070818.193.09$2,186
Oct 1997064319.253.15$2,025
Sep 1997065217.742.95$1,927
Aug 1997073017.862.55$1,865
Jul 1997086017.582.25$1,932
Jun 1997092917.242.26$2,097
May 1997079018.972.31$1,824
Apr 1997092017.882.08$1,916
Mar 1997077718.951.94$1,507
Feb 1997067820.492.21$1,496
Jan 1997084023.483.54$2,973
Dec 1996084023.32$0
Nov 1996082621.97$0
Oct 1996086023.31$0
Sep 1996082822.22$0
Aug 199601,04620.26$0
Jul 1996059619.55$0
Jun 1996084318.73$0
May 1996081219.43$0
Apr 1996082221.51$0
Mar 1996093619.38$0
Feb 199601,03016.98$0
Jan 1996085417.07$0
Dec 19951111,20917.19$1,908
Nov 1995072516.00$0
Oct 199501,19015.43$0
Sep 199501,19316.18$0
Aug 199501,31615.92$0
Jul 19951701,15315.24$2,591
Jun 199501,36116.41$0
May 199501,56617.56$0
Apr 199501,19017.73$0
Mar 199501,54116.44$0
Feb 199501,49516.58$0
Jan 199501,43715.92$0
Dec 199401,77715.03$0
Nov 199402,27815.90$0
Oct 19941302,32815.58$2,025
Sep 199402,71315.29$0
Aug 199402,04116.13$0
Jul 199402,21217.56$0
Jun 19941932,78417.09$3,298
May 199403,45315.88$0
Apr 199403,95914.14$0
Mar 19941863,00912.46$2,318
Feb 199403,21712.50$0
Jan 199404,75512.66$0
Dec 199306,39312.33$0
Nov 199314,29114.49$14
Oct 199314,06615.85$16
Sep 19931885,79815.03$2,826
Aug 199304,91015.66$0
Jul 199303,79515.46$0
Jun 199314,31916.79$17
May 19931875,26417.68$3,306
Apr 199305,70918.05$0
Mar 19931715,37318.14$3,102
Feb 199304,36717.90$0
Jan 199315,50816.93$17

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.

Dec 2000 — as filed, then multipliedworked
Condensate            38 bbl  × $ 26.88 =     $1,021
Gas                    0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $1,021

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/96861 is the state's own key, not one this site invented.