MARTIN

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 137953District 08Field 852803002 tax incentive programmesCondensateGasSaveExport
Value, all time
$163 k
Jan 1993 – May 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
365
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
High Cost Gas111992-01-03124598
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
CondensateDisposition2,881 bbl$51,206
GasProduction63,257 Mcf$111,371
Total$162,577

35,832 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 31.5788, -101.0934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57877, -101.09342 · 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
7,537 ft
1 wells filed one
Completion to plug
32.1 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 7,537 ft.

Completions filed
Mar 1991
1 of 1 wells
Plug dates filed
Apr 2023
1 of 1 wells

Last completion to plug: a median of 32.1 years across the 1 well that filed both dates, with the middle half between 32.1 years and 32.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-431321692367,537 ftMar 1991Apr 2023Yes

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 (365)

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

365 months

May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20161027.352.36$27
Dec 20151232.362.00$36
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015032956.152.88$948
May 201503555.212.96$103
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130593.964.28$21
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012039101.652.00$78
Mar 2012012105.052.22$27
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201101483.623.99$56
Aug 201106283.404.15$257
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201105398.134.40$233
Apr 2011039105.964.33$169
Mar 2011010196.364.06$410
Feb 201107785.644.18$322
Jan 201104486.504.59$202
Dec 201003585.734.35$152
Nov 201005280.843.80$197
Oct 201007478.103.51$260
Sep 201007072.633.98$279
Aug 201008973.684.42$393
Jul 201002572.554.74$118
Jun 201003370.364.91$162
May 201004471.124.24$186
Apr 201009581.694.12$392
Mar 201007378.394.39$320
Feb 201003473.585.44$185
Jan 201006674.365.96$394
Dec 200904371.445.48$236
Nov 200909474.593.75$353
Oct 200907172.544.11$292
Sep 200909265.543.06$282
Aug 2009010367.423.22$332
Jul 200909461.133.46$326
Jun 200909566.163.90$370
May 200903254.743.93$126
Apr 200903346.773.59$118
Mar 200906842.144.06$276
Feb 200905332.814.63$246
Jan 200905835.865.37$312
Dec 200806737.105.98$400
Nov 200803455.496.86$233
Oct 200803675.246.92$249
Sep 2008041101.767.88$323
Aug 2008058114.228.48$492
Jul 2008049131.0811.39$558
Jun 2008085131.3313.03$1,108
May 20080139123.1711.57$1,609
Apr 20080132110.3110.45$1,380
Mar 20080104101.909.66$1,005
Feb 2008011292.538.77$982
Jan 200805490.388.21$443
Dec 200705488.337.30$394
Nov 200705391.677.29$386
Oct 200705782.856.92$395
Sep 2007010575.846.24$656
Aug 2007010569.066.39$671
Jul 200706770.906.39$428
Jun 2007010062.007.55$755
May 200704258.747.85$330
Apr 200706859.617.81$531
Mar 200705856.927.30$424
Feb 200704055.108.22$329
Jan 200702450.306.73$161
Dec 200603156.656.92$214
Nov 200604154.207.62$312
Oct 200606854.906.01$409
Sep 200603360.085.04$166
Aug 200609668.717.34$705
Jul 2006011369.376.34$717
Jun 200609166.286.38$581
May 2006016666.016.42$1,067
Apr 2006019964.397.36$1,465
Mar 2006017756.707.08$1,254
Feb 200608857.597.75$682
Jan 200604960.598.93$438
Dec 200505554.9413.42$738
Nov 200508954.6910.59$942
Oct 2005010858.3413.80$1,490
Sep 2005012761.4512.08$1,534
Aug 2005011161.519.80$1,087
Jul 2005012155.697.84$949
Jun 2005114852.337.38$1,145
May 2005012745.226.65$845
Apr 2005010049.207.36$736
Mar 2005012750.377.15$909
Feb 2005012445.226.31$783
Jan 2005012143.166.32$765
Dec 200407439.866.75$500
Nov 200402045.286.33$127
Oct 200404049.706.52$261
Sep 200407543.245.28$396
Aug 200407342.375.55$405
Jul 2004011038.286.08$669
Jun 2004011536.106.43$740
May 200408437.486.49$546
Apr 2004010334.475.86$603
Mar 2004014634.365.53$807
Feb 2004019432.455.51$1,069
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20031029.415.17$29
Jun 2003162528.565.98$607
May 2003820426.595.97$1,431
Apr 2003820626.675.41$1,327
Mar 20031919731.146.10$1,793
Feb 2003915633.487.93$1,538
Jan 20031119030.315.58$1,394
Dec 20021019526.914.85$1,216
Nov 20021013624.664.14$809
Oct 20021916526.464.23$1,201
Sep 20021017427.443.64$907
Aug 20021018025.963.16$829
Jul 20021019724.583.06$849
Jun 20021117623.733.34$849
May 2002921324.663.58$985
Apr 20021820323.653.51$1,139
Mar 2002821122.003.10$831
Feb 2002922418.222.38$696
Jan 20021723417.172.38$848
Dec 20011124616.932.36$768
Nov 20016021418.072.41$1,599
Oct 2001023519.782.53$594
Sep 2001211424.262.25$305
Aug 20011817824.873.05$991
Jul 20011122023.933.20$967
Jun 20011122724.563.82$1,138
May 20011121125.524.31$1,190
Apr 2001719824.685.34$1,229
Mar 20012319824.545.38$1,629
Feb 20011017127.755.77$1,264
Jan 20011518327.478.40$1,949
Dec 2000919126.889.12$1,984
Nov 2000317732.215.66$1,098
Oct 2000522231.235.15$1,298
Sep 2000322831.875.19$1,278
Aug 2000725029.644.54$1,343
Jul 2000923728.534.09$1,226
Jun 20001121329.304.40$1,259
May 20001523127.263.68$1,259
Apr 20001421724.513.12$1,019
Mar 20001022828.422.86$936
Feb 20001021127.622.73$851
Jan 20001419325.272.48$833
Dec 19991319424.282.42$786
Nov 19991320623.192.43$803
Oct 19991122120.982.80$850
Sep 1999921821.752.62$767
Aug 19992524319.262.88$1,180
Jul 19991227717.892.37$872
Jun 19992329715.942.36$1,068
May 19992229415.792.32$1,030
Apr 19992328015.102.21$966
Mar 19992331212.471.84$860
Feb 1999292539.981.82$749
Jan 19992229010.381.90$779
Dec 1998163239.201.77$720
Nov 19982030810.892.19$891
Oct 19981835612.421.97$925
Sep 19981533312.592.08$882
Aug 19981031811.301.91$720
Jul 19981334711.742.24$929
Jun 19981133811.242.24$880
May 19982036412.622.21$1,056
Apr 19982333513.042.51$1,139
Mar 19982637512.802.31$1,199
Feb 19983230213.952.30$1,141
Jan 19981433214.702.15$921
Dec 19971334216.322.41$1,037
Nov 19971931218.193.09$1,309
Oct 19971331019.253.15$1,227
Sep 19971233617.742.95$1,206
Aug 19971435817.862.55$1,165
Jul 19971038717.582.25$1,045
Jun 1997838817.242.26$1,014
May 19971340618.972.31$1,184
Apr 19971337217.882.08$1,007
Mar 19971739718.951.94$1,092
Feb 19971237220.492.21$1,066
Jan 19971948423.483.54$2,159
Dec 19962343823.32$536
Nov 19961645521.97$352
Oct 19961344623.31$303
Sep 19961741422.22$378
Aug 19961250620.26$243
Jul 19961654519.55$313
Jun 19962352718.73$431
May 19961054119.43$194
Apr 19962450221.51$516
Mar 19962748619.38$523
Feb 19961650316.98$272
Jan 19963355117.07$563
Dec 19954753317.19$808
Nov 19953558016.00$560
Oct 19954652915.43$710
Sep 19954048816.18$647
Aug 19955056915.92$796
Jul 19954366615.24$655
Jun 19952861816.41$459
May 19952769517.56$474
Apr 19953360417.73$585
Mar 19954569816.44$740
Feb 19953961816.58$647
Jan 19955660315.92$892
Dec 19947270115.03$1,082
Nov 19945964915.90$938
Oct 19943967715.58$608
Sep 19943856215.29$581
Aug 19942153016.13$339
Jul 19942738717.56$474
Jun 19942653517.09$444
May 19943660615.88$572
Apr 19942677714.14$368
Mar 19943482112.46$424
Feb 19943474912.50$425
Jan 19945783512.66$722
Dec 19933290912.33$395
Nov 19934890214.49$696
Oct 1993551,06615.85$872
Sep 1993391,11215.03$586
Aug 1993371,25515.66$579
Jul 1993211,27815.46$325
Jun 1993491,28816.79$823
May 1993401,39517.68$707
Apr 1993551,43718.05$993
Mar 1993691,43018.14$1,252
Feb 1993621,27817.90$1,110
Jan 1993751,53816.93$1,270

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.

Jan 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 27.35 =        $27
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                      $27

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. 08/G/137953 is the state's own key, not one this site invented.